Attorney Trust and Business Accounting – Essentials to Keep you in Compliance and Out of Trouble
Category: On Demand
Member Price: $140
Non-Member Price: $175
Areas of Law: Ethics, Young Lawyers Division
| NJ CLE: | NJ CLE information: This program has been approved by the Board on Continuing Legal Education of the Supreme Court of New Jersey for 2 hours of total CLE credit, including 2.0 in Ethics (Full Credits Available: NJ Ethics: 2.0, NJ New Admit Trust & Business Accounting: 2.0). |
| NY CLE (t&nt): | NY Ethics Non-Transitional: 2.0 |
| PA CLE: | PA Ethics Credit: 1.5
New: No PACLE fee is required for this program. To earn PA CLE credits, a valid PA Bar ID number must be entered into the CLE form provided after attending the program. |
Featured Speaker
Moderator
Presenters
- Carol Johnston, Esq.
- Former Counsel To the Advisory Committee on Professional Ethics
Carol Johnston Ethics Law, Princeton - Hubert Klein, CPA/ABV/CFF/CGMA, CVA, CFE
- Eisner Advisory Group, Iselin, New York
Attorney trust and business accounting is governed by the Rules of Professional Conduct. The rules are specific and compliance is mandatory.
Yet, in the day-to-day of running a practice, it can be easy to overlook the specificity and attention to detail compliance with the rules requires. Unfortunately, trust and business accounting mistakes can lead to serious consequences for attorneys, including suspension and disbarment.
All lawyers, whether solos or in big firms, need to know the rules. Solo or small-firm practitioners are responsible for their office and the correct accounting and handling of money they hold in a trust. Practitioners in larger firms should also know trust accounting rules, especially managing partners who oversee the firm’s books. Even larger firms, where accounting responsibilities are delegated to bookkeeping departments, are susceptible to ethics trouble when their employees don’t follow the rules.
Join us for a seminar that will provide step-by-step information that will help you stay in compliance.
Topics include:
- The basics – what do the RPCs require of every lawyer
- Trust accounting essentials – the “step by step” of trust accounting
- Common problems that may arise and how to handle them
- A discussion of negligent misappropriation – what does it mean and how to avoid it
- The Random Audit Program – its purpose and how to respond