Credit: everything possible/Shutterstock.com Trust Account Missteps 'Disproportionately' Lead to Discipline for Pa. Attorneys
Whether from ignorance or laziness, IOLTA snafus often land practitioners in front of authorities, and the issue is heightened in small firms.
March 30, 2023 at 02:21 PM
6 minute read
Legal Ethics and Attorney Discipline
Of the thousands of ethics complaints filed each year to the Pennsylvania Office of Disciplinary Council, violations involving IOLTA accounts—a particular type of trust account whose use is mandatory for all lawyers who handle qualified client funds—represent a significant portion of discipline dispersed against Pennsylvania attorneys.
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