ABA adopts new trust-account rules 

Posted: 10:30 am Fri, August 27, 2010
By Minnesota Lawyer Staff

The American Bar Association has adopted new rules for record keeping regarding client trust accounts. The Model Rules for Client Trust Account Records are intended to replace the Model Rule on Financial Recordkeeping - adopted February 1993 - and will be promulgated to state high courts for potential adoption as practical guidance for compliance with ABA ...