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Articles in regional publications that pertain to a wide range of North Carolina-related topics.

Coming to Terms (and into Compliance) with the Pending Trust Accounting Rule Amendments

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An addition to the Professional Rules of Conduct in 2015, Bolac discusses this rule’s role in lawyers’ professional conduct. From a discussion of its background, he explained its Amendments to Rule, notably its Definitions, General Rules, Reporting Professional Misconduct, Records and Accountings, and Alternative Trust Account Management Procedure for Multi-Member Form. This explanation was followed by the compliance checklist, leading to his conclusion that reiterated the value of this new rule.