Program Description:
Proper trust account management is essential to running an ethical law practice.
Proper trust account management is essential to running an ethical law practice.
Program Objectives:
In this Program you will learn...
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).
In this Program you will learn...
- The requirements of holding client trust funds under Illinois Rule of Professional Conduct 1.15
- The significance of an IOLTA trust account and how to open one.
- The required records and accounting journals necessary to maintaining a trustworthy trust account.
- How to do a trust account reconciliation.
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
