Maintain client account records.

Maintenance should include

  • identifying a legal fee or service
  • identifying an expense or cost advanced to the client
  • recognizing the ethical implications of comingling client’s funds with the firm’s funds or with other clients’ funds (e.g., maintaining escrow accounts)
  • describing how a trust account works
  • monitoring the cash receipts journal, the cash disbursements journal, and the subsidiary ledger.