Published on: 
Nov 15, 2024
Summary: 
In this conversation, Sean Martin and Kelly Holmes discuss the critical aspects of IOLTA (Interest on Lawyer's Trust Accounts) and its significance in law firm management. They explore the structure and purpose of IOLTA accounts, the importance of proper trust accounting, and the best practices for managing client funds. The discussion also highlights the role of banks in supporting law firms with education and resources related to trust accounting and compliance with legal ethics. The conversation wraps up with a look at future topics related to lending and financial management for law firms.