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I am an associate at a law firm and do not personally maintain escrow accounts. How should I complete the compliance form?

April 26, 2017accounts Associate COMPLETE compliance escrow form law firm maintain personally

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I am an associate at a law firm and do not personally maintain escrow accounts. How should I complete the compliance form?

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A. Check Box #3a under the “Compliance Determination” section. Please be sure to fill in the name of the IOLTA Reporting Attorney for your law firm. The Reporting Attorney shall be authorized to report on all law firm IOLTA accounts. If you do not know the name of the IOLTA Reporting Attorney, please put in the name of your law firm. Please note that the report by your firm’s reporting attorney will list all of the banks and account information. You are not required to list the bank account information on your individual compliance report but you must submit an individual compliance report with your signature, listing the name of the reporting attorney or law firm.