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Best Practices and Common Pitfalls In Trust Accounting

Trust accounting — specifically, the management and recordkeeping of client trust accounts — is an aspect of legal practice that demands meticulous attention. This article identifies best practices for trust accounting and recordkeeping and outlines common pitfalls in an effort to help lawyers maintain compliance and uphold client trust.

5 minute read August 01, 2025 at 12:03 AM
By
Diana C. Manning , Benjamin J. DiLorenzo and Kyle A. Valente
Best Practices and Common Pitfalls In Trust Accounting

The proper handling of client funds is a foundational responsibility for lawyers. Trust accounting — specifically, the management and recordkeeping of client trust accounts — is an aspect of legal practice that demands meticulous attention.

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