Handling client funds through an Interest on Lawyers Trust Account (IOLTA) demands meticulous attention to detail. Any misstep in disbursement processes can lead to serious compliance problems, potentially resulting in disciplinary action or damage to a law firm’s reputation. Understanding the typical pitfalls in IOLTA disbursements is crucial for maintaining ethical standards and avoiding costly errors. Why Accuracy Matters in IOLTA Disbursements An IOLTA (Interest on Lawy
