WEBCAST: PBI Technology Ethics Potpourri 2026

HANDLING ENTRUSTED FUNDS

(1 Hr. Ethics Credit)

Presentor:  Ellen Freedman    Time:  1-2 pm

One of the most common reasons for the imposition of serious discipline against a lawyer is the lawyer’s failure to handle fiduciary funds properly.  Recent changes in the law, including mandatory IOLTA requirements indicate the wide range of concern within the courts, the legislature, and the public as to the importance of proper handling of fiduciary funds.

Different methods for billing fees — flat fee, hourly, percentage — can make it unclear when it is appropriate to take fund from trust to deposit into the lawyer’s operating account.  Additional complications arise when fees are considered non-refundable.  Or when the client agrees to have future charges put on their credit card.  Getting the correct language clearly stated in the engagement agreement is often the key to avoid running afoul of ethical requirements.

This course will bring you up to date on requirements and best practices.