Originally posted on April 7. Updated on April 10 to add third video: Contingent Fees, Referral Fees, and Fee Sharing
CLEs on the trust accounting rules are not my favorite. Yet, they’re critical. Recording them in my garage makes it seem easier to present an otherwise dry topic. So, given the topic’s importance, that’s what I’ve done.
Today, I recorded the final installments of the Garage Series on Trust Accounting:
- Trust Accounting 3: Collecting and Disbursing Funds
- Trust Accounting 4: Flat Fees, Misappropriation and Trust Account Scams
Part 3 (33 minutes) focuses on Rule 1.15 and the general prohibition against disbursing from trust without collected funds. Meanwhile, part 4 (35 minutes) addresses how to handle fees paid in advance, cautions against even thinking about “borrowing” from trust, and shares tips on how to identify common trust account scams. Each includes a screen share of my notes and an interactive quiz.
I have not reviewed or edited the videos. Watching will be as if you showed up to hear me speak. You get what you get.
Prior videos in the Garage Series on Trust Accounting: