New Jersey Trust and Business Accounting Fundamentals

This program offers a thorough exploration of compliance for New Jersey Trust and Business Accounting, including highlighting some key aspects of the rules and emphasizing that every attorney in private practice in New Jersey must maintain separate trust and business accounts. The course will also review the Interest on Lawyer Trust Accounts (IOLTA) Rule (Rule 1:28A).This course will empower New Jersey attorneys to navigate the IOLTA compliance landscape confidently, uphold ethical standards in trust account management, and prepare for potential random audits, contributing to the overall integrity of the legal profession.Whether a sole practitioner or part of a law firm, attending this course will help attorneys ensure strict adherence to IOLTA requirements—the knowledge and tools to navigate the IOLTA compliance process effectively and sustain ongoing adherence to Rule 1:28A.This program is tailored for attorneys admitted to the Bar of New Jersey.Learning Objectives:

Analyze the rules and regulations regarding trust and business accountsArticulate the fundamentals of IOLTA complianceNavigate IOLTA Registration and Compliance StepsReview Ethical Duties for Trust AccountsPrepare for potential audits and ensure compliance with recordkeepingand ethical responsibilitiesEvaluate the consequences of non-compliance

Production Date: 12/9/2024 | Closed captioning (CC) available