Trust Accounting and Random Audit Readiness
Date: Jul 25, 2024 9:00 a.m. – 12:00 p.m.
Location: Online
Member Price: $159
Non-Member Price: $199
Areas of Law: Ethics
Earn up to 3.3 credits, including 1.2 in Ethics! (More Information)
Keynote
Moderator
Presenters
- Alison Picione
- Chief of Investigations, New Jersey Office of Attorney Ethics
- Jason Saunders
- First Assistant Ethics Counsel, New Jersey Office of Attorney Ethics, Ewing Township
This program offers crucial accounting information for all New Jersey attorneys. In the day-to-day of running a practice, it can be easy to let the business side of things take a back seat. Unfortunately, when trust and business accounting mistakes happen, there can be serious ramifications, and attorneys can even be disbarred.
Every practicing lawyer in New Jersey must maintain both a trust and business account that are subject to a random audit by the Office of Attorney Ethics. The purpose of the Random Audit Program is to ensure that law firms maintain required records of clients' funds and attorneys' fees. While the idea behind carefully maintaining these records is clear, some of the rules and procedures may not be.
This program will cover the essential Rules of Professional Conduct, with a refresher on Rule 121-6. Other topics include what it means to have good recordkeeping and supervised staff and why that is important; how to and how long to maintain files; what to do if negligent misappropriation happens and how to address it; and where to get help.
Join us to learn the basics every attorney needs.
The New Jersey Office of Attorney Ethics will provide insights on:
• Basic obligations under the Court Rules and Rules of Professional Conduct
• Protecting client funds
• Trust accounting essentials
• Principles of negligent v. knowing misappropriation
• What to expect in a random audit
Important Information About Our Events, Meetings, and More:
To secure your spot and receive important updates about our events, meetings, and other gatherings, such as schedule changes, remember to register in advance.
Cancellation and Refund Policy:
If you need to cancel your registration and are not transferring to another program or date, please submit a written request to us at least three business days before the event, meeting, or gathering. You will receive a refund minus a $20.00 cancellation fee. No refunds or registration changes will be issued within three business days of the event, meeting, or gathering.
Stay Informed:
Registered participants will be notified of any schedule changes. For updates regarding inclement weather, please check your email or visit NJSBA.com.
Media Consent:
By participating in our events, meetings, or other gatherings, you agree to be photographed and/or recorded. Additionally, all media content captured during these gatherings will become the property of NJSBA. This content, including your image and name, may be used in our future promotional materials without additional consent or compensation.
Scholarship & Financial Assistance Policy:
Read our Scholarship & Financial Assistance Policy and submit an Application here: https://njsba.com/njicle/cle-programs/scholarship/