Regardless of the state that you’re in, your state bar’s disciplinary records and judgments for disbarment are littered with references to attorneys who used, misused, or abused trust funds in a variety of stunningly unethical ways.
“With a staffing footprint of only a few attorneys why do I need a bookkeeper?” It’s a question I’ve heard a lot over the course of my career. Many lawyers who work in small firms don’t see the benefit of relying on external expertise to keep their books organized. Unfortunately, many of those same lawyers eventually come around to a different way of thinking only after something bad, or even catastrophic, happens with their accounts.