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Managing IOLTA (Interest on Lawyers Trust Accounts)  disbursements is one of the most sensitive tasks for law firms. These accounts hold client funds that must be tracked, disbursed, and reported with complete accuracy to meet state bar regulations. Traditional manual methods, spreadsheets, paper checks, and email approvals, often lead to errors, delays, and compliance risks. To solve this, many law firms now use Bill.com , an automated accounting platform that streamlines IO

Handling client funds is one of the most critical responsibilities for any law firm. Mismanagement can lead to serious ethical violations, legal consequences, and damage to a firm’s reputation. Among the tools designed to safeguard client money, the Interest on Lawyers’ Trust Accounts (IOLTA) program plays a key role. But what exactly is an IOLTA disbursement, and how should law firms manage it? This guide breaks down everything law firms need to know about IOLTA disbursemen