CLE Program

Finding Balance


Date: Wednesday, March 6, 2019
Time: 12:00 p.m. - 2:00 p.m.
Runtime: 2:00h

Program Code:


Program Options:

Watch On Demand

The MBA offers, upon request, Certificates of Attendance to individuals who attend real-time webcasts. Certificates are not available for participation in recorded MBA On Demand programs.


MBA Paralegals : $0.00
MBA Law Student : $0.00
MBA Member : $0.00
MBA New Admittee : $0.00
Non-member : $50.00
Register On Demand

How to Use Software to Better Manage Your Trust Accounts

Perhaps the most important responsibility that lawyers have is the collection, management and distribution of other people’s money. Learn how a modern law firm sets up and manages trust accounts and how to best systematize trust account management using law firm software.

Even given the presence of specific trust accounting rules, many lawyers don’t manage their trust accounts correctly. But attorneys ignore IOLTA accounting requirements at their own risk. Mismanaging your trust accounting is the quickest path to bar discipline, in part, because it’s the most obvious possible ethics violation. It’s not a question of when and how you engaged a client; it’s a simple review of a series of financial transactions.

It’s considered a best practice to establish a system for managing your trust accounts and to reconcile those accounts at the required interval (every 60 days). In this program, you’ll learn about the advantages to incorporating a software system that can automate much of the trust accounting process for you. The program will also feature:

  • A review of the types of funds that are subject to the trust accounting rules
  • A review of the reconciliation requirements for trust accounts and how those can be converted to online processes
  • A discussion of tricky IOLTA issues and how to resolve them
  • A live trust accounting quiz
  • A live software demo focused on trust accounting features


Jared D. Correia, Esq., Panelist
Red Cave Law Firm Consulting, Boston
Erika Reynolds, Panelist
LEAP Legal Software, Boston

Sponsoring Sections:

Solo/Small Firm Law Practice Management Section

NOTE: This is a previously recorded MBA On Demand product.
When you register, you will receive a link via email to the previously recorded MBA On Demand program and its ePublication. Your member profile will also contain a permanent link to the MBA On Demand version of the program.

System Requirements
Read the On Demand system requirements and view an On Demand product demonstration. If you have questions regarding On Demand products or how to use the software, contact Senior Programs Manager Marc A. D'Antonio, Esq. at (617) 338-0646 or email Marc.

Read System Requirements  Watch On Demand Demonstration

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