New to trust accounting or setting up a Trust Account for the first time? This practical introductory webinar explains the core obligations, systems and processes every law practice needs to confidently receive and manage trust money.

You will learn about:

• The key trust accounting obligations under the Legal Profession Uniform Law (NSW) and Legal Profession Uniform General Rules 2015.
• How to establish and operate a compliant Trust Account, including record-keeping, reconciliations and day-to-day trust accounting processes.
• Identifying common trust accounting errors and practical steps to reduce compliance risks from the outset.

By building your understanding of establishing and operating a compliant Trust Account with better systems and controls, you will develop the tools to reduce the risk of common trust accounting errors.

Sharon Blake, Chief Trust Account Investigator, The Law Society of New South Wales

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