Trust Yourself: A Basic Guide to Using Trust Accounts for Legal Fees

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Virginia MCLE
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Courses purchased through the United Institute for Continuing Legal Education are provided and fully accredited by The National Academy of Continuing Legal Education, an approved Virginia State Bar MCLE Accredited Sponsor. To view our full accreditation details please .

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All Courses Available iOS/Android Web

About This Course

High volume practices, particularly those who accept smaller, flat fees for cases, will often choose to avoid depositing upfront fees into their trust accounts. Intended as a primer for newer practitioners, this CLE course will cover the basics if using trust accounts for legal fees and explain when and how unearned fees can be deposited into trust account when paid upfront. The course will explain the pros and cons of this practice and where to find additional rules and applicable information regarding legal fees and trust accounting.

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