For small law firms, escrow account compliance is both a duty and one of the elementary building blocks of trust in the client-professional relationship. The ability to stay ahead of the requirements saves them from legal and financial repercussions and fosters a reputation for reliability and diligence. This article will

Among the legal ethics which small law firms in the United States should follow, there is compliance with Interest on Lawyers’ Trust Accounts. IOLTA programs guarantee that in case clients’ money is left in a lawyer’s hands, it is always safe and serviced in case such needs arise for it