Site of the Week: Managing Clients’ Funds and Avoiding Ethical Problems

"Managing Clients’ Funds and Avoiding Ethical Problems" by Jayne B. Tyrrell and Stephen M. Casey is our Website of the Week this week. Admittedly this is a little different type of Website. It's really just a hypertext-linked CLE paper on trust accounting. But, considering that a number of lawyers get into trouble with trust accounting each year, it is a good primer for every lawyer opening a practice to read. This is a part of the Massachusetts Interest on Lawyers' Trust Accounts Program Website and some of the information is specific to Massachusetts. There are simple, but very useful, forms attached to the paper. If you follow the procedures outlined and use those forms, you should always have a properly balanced and documented trust account.