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How to Open an IOLTA Account: A Step-by-Step Guide for Attorneys
Need to open an IOLTA account? This “how to open an IOLTA account: a step by step guide for attorneys” simplifies the process. You’ll...
Sep 4, 20258 min read


Is an IOLTA Account Checking or Savings? Here’s the Answer
Key Takeaways An IOLTA account is a type of checking account designed for legal professionals to manage client funds and generate...
Sep 3, 20256 min read


The Purpose of an IOLTA Account: Why Law Firms Must Use It
IOLTA accounts, or Interest on Lawyers’ Trust Accounts, are essential for law firms. They manage unearned client funds securely and...
Sep 3, 20257 min read


Mastering Maryland IOLTA Accounts
For law firms in Maryland, managing IOLTA accounts correctly is essential to comply with state regulations. This article outlines the...
Aug 29, 20257 min read


Essential Georgia IOLTA Trust Accounts
If you manage Georgia IOLTA trust accounts, this Georgia IOLTA Trust Accounts: A Quick Compliance Checklist is for you. Learn essential...
Aug 27, 20256 min read


IOLA Fund of New York: How It Differs from IOLTA Accounts
Curious about how the IOLA Fund of New York differs from IOLTA accounts? The main difference is in their jurisdiction and management. The...
Aug 27, 20258 min read


IOLTA Requirements in California: The Lawyer’s Guide
Key Takeaways California attorneys must deposit short-term client funds into IOLTA accounts at State Bar-approved financial institutions...
Aug 25, 20257 min read


IOLTA Compliance Rules: How to Stay Ethical and Audit-Ready
Every attorney handling client funds faces a critical responsibility that extends far beyond legal representation. IOLTA compliance...
Aug 21, 202511 min read


IOLTA vs. Escrow: Key Differences Every Lawyer Should Know
Key Takeaways IOLTA accounts pool nominal or short-term client funds with interest benefiting legal aid programs, while escrow accounts...
Aug 19, 202510 min read


How Does an IOLTA Account Work: Everything You Should Know
Key Takeaways IOLTA accounts are specialized trust accounts where lawyers hold client funds separately from their business accounts, with...
Aug 18, 202512 min read


How to Record Legal Expenses in Your Books
Accurate accounting for legal expenses is critical for businesses and law firms alike. Proper classification affects financial...
Aug 17, 20257 min read


How to Reduce Legal Costs with Better Accounting
Law firms operate in a competitive and highly regulated marketplace where margins can be tight and financial visibility is critical....
Aug 15, 20258 min read
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