- What is trust money and the different types
- What money does and does not have to go into a trust account
- Some key cases and pitfalls to be aware of
- Managing cash in a law practice
- Managing investment money
- The key provisions in the Legal Profession Uniform Law
Managing a Law Practice trust account – 1 CPD Unit
$99.00
The knowledge of basic bookkeeping is important for every Australian lawyer. For lawyers, whether as principals or employees, this knowledge assists in the effective and proper conduct of matters, including the preparation of bills of costs and trust account statements.
Moreover, every lawyer who contemplates entering into practice as a principal, whether as a sole practitioner, partner or director of an incorporated legal practice, must accept the fact that carrying on a practice involves the carrying on of a business.
Who is this course for?
All Lawyers.
What will you learn?
How long is it going to take?
This is a 60 minute course in easy to consume sections, giving you the flexibility to learn when it fits your schedule.
Course Author: Frances Moffitt
Solicitor, Law Society of NSW and Adjunct Lecturer, the College of Law
Frances Moffitt is a solicitor in the Professional Standards Department at the Law Society of NSW and adjunct lecturer at the College of Law. Fran’s professional experience includes insolvency and bankruptcy law; criminal law (proceeds of crime), administrative law; taxation law; and statutory investigations.
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