One response to “Florida Bar’s Board of Governors approves significant revisions to Bar trust account and lawyer referral rules

  1. Thank you for sharing this revision. It’s about time the BOG finally came-out and clarified what we’ve been teaching lawyers for more than a decade about how to handle non-refundable retainers and negotiable instruments.

    Unfortunately most lawyers only learn about what NOT to do with an IOLTA client property trust account. I’m glad to see the BOG is finally beginning to help clarify what a lawyer IS supposed to do.

    Most lawyers are not aware that the whole idea of our Client Property Trust Account was originally meant to help us run our firms more profitably!

    I hope you don’t mind me sharing this link to a free lesson on how to set-up, manage and use your IOLTA Client Property Trust Account as the PROFITABLE law firm management tool it was meant to be: http://www.howtomanageasmalllawfirm.com/iolta/

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