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Lawyer Trust Accounts: How Safe Are They if the Bank Fails?


From Jim Calloway’s Law Practice Tips blog:

In a possible era of bank failures, what about the safety of a lawyer’s trust account?


It has been a wild month so far in the financial markets and it doesn’t appear that the roller coaster has come to a complete stop yet. So as possible bank failures loom, some of us are hearing from lawyers concerned about the safety of their client’s funds in their trust accounts and their own ethical and legal responsibilities….” (read full post)

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