We recently did a Digital Edge podcast Overcoming Trust Account Management Challenges.

Our guest was Paul Garibian, a fintech expert, entrepreneur, and current CEO of Nota. Nota provides financial services to lawyers including trust accounts with no services charges. We discussed common mistakes lawyers make with their trust accounts, the serious consequences of mismanaging these accounts, and the best practices lawyers need to know. There is a transcript of the podcast also available at the link for those who would rather read than listen. The basics of proper trust account management are not that onerous (I know others may disagree) as long as you do record keeping timely. A small amount of time each week keeps a lawyer out of trust account trouble.

Both Julie Bays and I of the OBA Management Assistance Program are available to discuss trust account questions with Oklahoma Bar Association members.