Law Firm Trust (IOLTA)….What You Need To Know
Fraud | How-To | Law Firm Accounting | Law Practice Management

Law Firm Trust (IOLTA)….What You Need To Know

  Law firms throughout the US have a fiduciary responsibility for funds entrusted to them by their clients.  That is why most states impose law firm trust account or IOLTA rules on the firms. There are multiple billing arrangements used by law firms: Contingency Fee, Flat Fee, By the hour, etc.  We will cover billing…