New Article on Trust Account Dangers
The National Law Journal has published my article on the dangers of trust accounts, with their catchy title, "A Hot Check Can Plunge A Lawyer Into Hot Water." This article discusses the dramatic rise in trust-account relate ethics cases that have resulted from the adoption of client trust account overdraft notification rules. It also tries to warn lawyers that times have changed, and some previously accepted practices - like placing fixed fees for future work into the lawyer's operating account -- are no longer accepted.
Hopefully my article will help alert lawyers to these serious issues. It is available at http://www.nationallawjournal.com/id=1202672285992/A-Hot-Check-Can-Plunge-A-Lawyer-Into-Hot-Water#ixzz3FZ7UQ100 or http://bit.ly/1sdigWT