In the recent decision of the Office of Chief Disciplinary Counsel v. Enrico Vaccaro, a lawyer was allowed to carry a balance of $226,121.93 in his IOLTA account without any identified or known client ...
Commentary How Are You Incorrectly Using Your IOLTA Account (Part II)? In November 2020, I wrote about what IOLTA is, what goes into an IOLTA account (as noted before a needlessly redundant phrase), ...