If the law firm makes a disbursement by way of a certified cheque and the negotiated cheque image is not returned with the monthly bank statement, what should be done?
A law firm is required to maintain all negotiated cheques (or cheque images) for all trust and general bank accounts. If the bank will not return the original certified cheque, the law firm must request from the financial institution a copy of the front and back of all certified cheques which passed through its trust and general bank accounts.
