Law Practice,
Ethics/Professional Responsibility
Apr. 28, 2023
A new era of trust accounting
It seems increasingly common to overhear conversations from lawyers about what to do when they cannot determine which funds belong to who. If the trust accounting is done correctly, that should never happen.
David M. Majchrzak
Partner
Rosing Pott & Strohbehn
Litigation, Legal Ethics
501 W Broadway A380
San Diego , CA 92101-3584
Email: dmajchrak@rosinglaw.com
Thomas Jefferson School of Law
David practices in the areas of legal ethics and litigation of professional liability claims.
In a recent conversation somebody offered me the following generalization: “Lawyers usually don’t make very good business people.” We all know that stereotypes are often unfair. And I have certainly seen lawyers who understand the business extraordinarily well. But that was also far from the first time that somebody had shared that view with me.
Perhaps that belief, coupled with recent reports and editorials about disciplinary complaints i...
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