Law Office Management,
Ethics/Professional Responsibility
Nov. 22, 2023
Reclaiming your books from unclaimed property
One of the benefits of monthly reconciliations is that it allows lawyers to determine relatively soon who has not received the money due them, even if payment has been tendered. That allows lawyers to follow up to determine why that has happened, whether it is because the check was not received, there is a dispute, or some other reason. Ideally, the situation can be rectified shortly within a few communications.
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.
When the State Bar announced CTAPP and reinforced that lawyers needed to take good care of their trust accounts, licensees had a wide range of reactions. Some shrugged it off, confident that their books have always been in order and will continue to be. Others invoked the adage that they went to law school to avoid math and contemplated whether they should simply surrender their bar cards. And many had feelings that fell somewhere in between these extremes. One of th...
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