Archive for January 21st, 2009
Trust Money & Interest
Lawyers generally ask for retainer money before they start working on their clients’ cases. The retainer money, by law, is placed into a trust account and can only be withdrawn upon the delivery of the accounts.
Occasionally, I encounter clients half-jokingly saying, “Look at the interests you make off my deposits!” Alas, it isn’t so.
Under the [...]
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