Trust account management is an important subject for lawyers in private practice and our Digital Edge podcast Trust Accounting for Lawyers has some great information and tips from a knowledgeable authority. Sheila Blackford is an attorney and practice management advisor for the Oregon State Bar Professional Liability Fund. She is also the author of an upcoming book from the ABA Law Practice Division on this subject.
Sheila is fun and engaging and brings her common sense approach to this topic. Sharon Nelson and I have known her for many years and were so happy that our friend agreed to be our podcast guest. Trust accounting is simple if you have a good process in place and Sheila discusses both manual methods of balancing the trust account and technology-based solutions. Thanks, Sheila.
Oklahoma lawyers who would like to learn more about trust accounting and modern tools for trust accounting are are invited to the Oklahoma Bar Center on the afternoon of December 6 for a CLE program Trust Accounting Essentials. The program is from 1:30 pm to 4:10 pm and features OBA Ethics Counsel Joe Balkenbush and OBA Practice Management Advisor Darla Jackson.The program will (1) describe the rules for handling trust funds and property; (2) discuss relatively recent changes to the handling of fees and trust transactions; and (3) provide practical guidance on how to use both print and electronic tools to produce client and general ledgers and to perform proper three-way reconciliation of trust funds accounts.
Early bird registration deadline is Tuesday November 29, so enroll by then for savings. But feel free to register anytime. This program will not be webcast.