Скачать или смотреть What Is a Client Trust Account?

Ever wondered how lawyers manage your money while handling your legal case? A client trust account is a fundamental component of legal ethics, designed to safeguard client funds and ensure strict transparency in financial dealings between attorneys and their clients. It's a critical mechanism protecting your interests.

In this insightful video, we demystify client trust accounts, exploring:
► The primary purpose of a client trust account and why it's legally and ethically distinct from a law firm's operating funds.
► The rigorous rules and ethical obligations attorneys must adhere to when receiving, holding, and disbursing client money.
► How Interest on Lawyers' Trust Accounts (IOLTA) programs work and their role in funding legal aid initiatives.
► The critical protections client trust accounts offer against potential misuse or commingling of client funds.


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