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How does interest on lawyers` trust accounts (IOLTA) relate to legal services?

April 26, 2017accounts IOLTA Legal relate Services Trust

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How does interest on lawyers` trust accounts (IOLTA) relate to legal services?

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IOLTA is a funding source for civil-legal-service programs for the poor. State supreme court rules or state legislatures give attorneys the authority to sometimes place their clients’ funds in these accounts. See the ABA’s Commission on Interest on Lawyers’ Trust Accounts for news, cases, workshops, a directory, and status of IOLTA programs, grantees, and links.