Lynda ArtesaniLegal Accountant and Data Migration Specialist at The Proper Trust

Trust Accounting Mistakes Can Cost You Your Law License #lawfirms #trustaccounting

25 May 2026 · 1 min

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In this brief dialogue, Speaker A warns that mishandling trust‑account transactions can breach compliance rules, leading to sanctions and even loss of a law license. Speaker B expands the warning to various practice areas—criminal, family, divorce—emphasizing that attorneys must not assume a transaction is automatically compliant. Both stress the need to pause, double‑check, and breathe before finalizing any trust‑account activity to protect the firm and the attorney’s license.

But you've got a lot of different scenarios that things can go wrong. And because of the compliance—
Exactly.
Of the transactions and the fact that you have to make sure that you follow the rules of compliance. If you don't, you could get sanctioned. You could lose your license to practice law. I mean, there's a lot of things that can happen. You really want to make sure you protect that. And they know that the attorneys are very well aware of the rules around that kind of stuff.
You know, I could see in criminal law, in divorce law, Family law, whatever, where there could be more— yeah, there could be more instances of those sorts of things happening, you know, that you can't just automatically assume that that check is good. You've got to stop and breathe for a minute. Yeah, you've got to wait.
You've got to wait.