The Missouribar – 2021 Understanding & Managing Client Trust Accounts

Keywords List

and

trust

accounting

with

Trust

will

be

for

to

client

Summary

• Practice Area:Ethics | General PracticeFormat:Audio and VideoDescriptionThis presentation will be an instructional CLE focused on trust accounting procedures and real practice scenarios.

• Participants will be provided with a self-audit for lawyer trust accounting, with guidance for building simple, routine steps to reduce mistakes and OCDC inquiries, and to protect client and attorney funds.

• Account set-up; Lawyer Trust Account Foundation regulations Receipts, deposits and disbursements with client trust accounts Fiduciary concepts.

• (Whose money is it?) Record keeping requirements.

• (Rule 4-1.15) 21st Century problems and solutions (credit cards, electronic banking, accounting software, faster check processing) Security, supervision, delegation; reconciliation Rule changes and case analyses Speakers: Kelly Dillon CFE, Investigative Examiner, Office of Chief Disciplinary Counsel, Jefferson City and Sam S. Phillips, Deputy Chief Disciplinary Counsel, Jefferson City

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