Lynda ArtesaniLegal Accountant and Data Migration Specialist at The Proper Trust

Attention Lawyers - California's Compliance Rules Are Changing Fast!

25 Apr 2025 · 1 min

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In this brief conversational segment, two speakers discuss the rapid expansion of California's lawyer compliance regulations. They note that new rules have been incrementally introduced over recent years and now cover detailed requirements, especially for attorneys operating non‑California trust accounts. The speakers highlight the necessity of signing off on compliance items and maintaining clear, detailed ledgers for pooled bank accounts. They also question the value of practice‑management software like Clio, concluding that such tools become essential for generating the precise ledgers required to meet the heightened regulatory standards.

Chapters

You better go back and look at the new rules because I— every— it seems like they started out trickling in a couple of years ago, and it's gotten more and more in-depth where there's a lot of rules in place.
You have some compliance things you have to sign off. Yeah, you have some compliance. You— if you have a non-California trust account, there's rules and regulations supporting that within— there's multiple things when I looked at it. The one thing I will say Going back to practice management, and this came up for us with a, a client, is, well, why would I need, say, Clio if I'm doing it over here? Well, okay, we need a proper ledger of every account if you have a pooled style account. So if you have a pooled bank account, obviously you need proper ledgers to support that, and those ledgers need to be absolutely clear.