The Ethics of Escrow Accounts: From the Basics to the Non-Negotiable

Learn the dos and don'ts of escrow accounts. This program, presented by ethics attorney Kaylin Whittingham, will discuss the fundamentals of handling escrow funds, including conversion versus unintentional misappropriation, when attorneys are responsible for the malfeasance of others, bookkeeping records, misuse of escrow accounts, and the essentials of escrow agreements. The program will also review in detail Rule of Professional Conduct 1.15.

Learning Objectives:

1. Review the fundamentals of Rule of Professional Conduct 1.15 and the handling of escrow funds by attorneys
2. Examine key escrow decisions resulting in suspension, disbarment, and dissolution of Firms
3. Identify the essentials of escrow agreements and the dangers of noncompliance