For attorneys, managing client funds is one of the most crucial aspects of their practice. This course will help ensure you understand the rules and implement best practices.
What you'll get:
- Understand the legal and ethical responsibilities of attorneys regarding trust accounting.
- Develop skills in reconciling trust accounts monthly, identifying and addressing discrepancies
- Learn best practices for managing trust accounts and transactions and establishing effective internal controls.
This course is meant to provide an overview of the laws and regulations that pertain to trust accounting. As such, it does not cover every rule and regulation that has anything to do with the administration of trust accounts. In addition, this this trusting accounting course does not make use of legal jargon; rather, information on the law is presented in the form of basic remarks. This course is not intended to serve as a replacement for competent legal counsel and should not be relied upon as such.