Program Description:
Rule 1.15 of the Illinois Rules of Professional Conduct requires attorneys to maintain accurate and complete records of client trust account funds and other property. This program provides information and a tutorial on how to prepare and maintain the required trust accounting records and journals that are essential to maintain a trustworthy client trust account in compliance with the Rules of Professional Conduct.
Program Objectives:
- Learn the basics of Rule 1.15, including what accounting journals look like, what information should be captured and maintained in these journals, what is required by the reconciliation process and how to do a simple reconciliation, so that you are maintaining the correct amount in your client trust account.
- Apply best practices, tutorials and resources in order to ethically maintain your client trust account.
- Reflect on the record-keeping requirements under IRPC 1.15 and practical advice on how to resolve some common issues that arise in handling client rust funds.
If you have previously viewed this program and received a Certificate of Completion, you may only claim MCLE credit once for this Program within a 12-month period. The ARDC reports individual attorney attendance to the MCLE Board by the 5th of the month subsequent to the date of completion of the MCLE program (for example, September events will be reported by October 5).
Estimated Time: 30 Minutes
MCLE Credit:
Total General: 0.50
Total Professional Responsibility: 0.50
MCLE Credit:
Total General: 0.50
Total Professional Responsibility: 0.50
