Lynda ArtesaniLegal Accountant and Data Migration Specialist at The Proper Trust

Think Legal Bookkeeping is Easy? Think Again!

8 Jul 2025 · 0 min

Watch on YouTube

0:26

In this YouTube video, Lynda Artesani warns that legal bookkeeping—especially trust accounting—is far more complex than many attorneys assume. She explains that the perceived ease leads to complacency, creating significant compliance risks when lawyers fail to properly track and reconcile trust accounts. The segment emphasizes that a large number of attorneys do not maintain adequate trust accounting practices, which can result in regulatory penalties and ethical violations.

a lot of times people think that, oh, I can do this. This is not a big deal. You know, how hard can it be? And then they get into it and they're like, oh God, this is kind of hard. And only because you haven't done it, right? So I think there's a huge compliance issue, risk, whatever you want to call it, with trust accounting. Mm-hmm. A lot of the attorneys don't do a very good job, quite frankly, of tracking their trust.