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Should client retainers be added to the trust balance?
Should client retainers be added to the trust balance?
Maninder Kaur avatar
Written by Maninder Kaur
Updated over 6 months ago

It depends on your local regulations. In many jurisdictions, retainers are often added to a trust account and eventually to the trust balance. This practice helps to securely hold client funds until legal services are provided and billed for. However, it's essential to check your state's rules and your firm's policies to ensure compliance and proper handling of client funds.

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