CLE Program

Free Trust Account Training

Date:

Date: Wednesday, February 8, 2023
Time: 12:00 p.m. - 1:00 p.m.

Location:

Massachusetts Bar Association
Zoom Webinar

Program Code:

SFC23

Program Options:

Stream Live
This event is free.

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.

There is no on-site attendance for this event.

Register for the Real-time Webcast.

Note: Only 250 seats are still available

Watch Livestream

Please note that all programs are subject to cancellation. All program updates will be posted on www.massbar.org.

If you have questions concerning a program you are registered for or your registration status, please contact MBA Member Services at (617) 338-0530.

The Office of Bar Counsel, the Board of Bar Overseers and participating bar associations are co-sponsoring a free one-hour program on trust account record-keeping.

This program will provide guidance for attorneys, paralegals, bookkeepers and other law office support staff interested in receiving training on the requirements of Mass. R. Prof. C. 1.15, as revised effective July 1, 2015. The program will provide participants with a detailed review of the records required to be maintained for IOLTA accounts and other trust accounts. We will look at record-keeping “traps for the unwary,” including:

  • How to maintain your IOLTA account check register and individual client ledgers, either manually or using accounting software, in compliance with the rules
  • How to complete the mandatory “three-way” reconciliation of your IOLTA account and produce the required reconciliation reports
  • How to document the withdrawal of an earned fee from a trust account, including required notification and accountings to clients
  • What transactions are prohibited, including writing checks payable to “cash” and using checks that are not prenumbered.

This webinar will be hosted using Zoom. Registration is required by 4 p.m. on Tuesday, Feb. 7, to participate in this program. After you register with the MBA, please look for an email with the Webinar ID and Password. The email will be sent before the program.

Faculty:

Rodney S. Dowell, Esq., Program Chair
Commonwealth of Massachusetts-Board of Bar Overseers, Boston

Sponsoring Sections:

Solo/Small Firm Law Practice Management Section

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