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Explain When an Attorney Must Use a Client Trust Account

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Explain when an attorney must use a client trust account. What is the paralegal's role? Explain what the repercussions are to the attorney who fails to properly use a client trust account.


Definitions:

Interpersonal Skills

Abilities used to interact effectively with other people, such as communication, empathy, and negotiation.

Successful Interview

A meeting or conversation that achieves its intended purpose, often leading to a job offer or the gathering of valuable information.

Perfectly Competitive Industry

A market structure where many firms sell identical products, entry and exit are easy, and no single firm can influence the market price.

Market Shares

The percentage of an industry's total sales that is earned by a particular company over a specified time period.

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