How Can Lawyers Avoid Unintentionally Misappropriating Client Funds?

CosmoLex Team

Misappropriating client funds

Misappropriating client funds can have severe repercussions, no matter which jurisdiction you practice in. Although every jurisdiction has its own rules around trust funds, the bottom line is always the same—money in a client’s trust account doesn’t belong to the lawyer until they’ve done the work and billed for it. But what, exactly, counts as misappropriating client funds? Bad apples … Read More