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
