This page contains a Flash digital edition of a book.
Proposed Change to Rule 1.15 of the Maryland Rules of Professional Conduct


The Court of Appeals is proposing to


amend Rule 1.15 of the Maryland Rules of Professional Conduct. The proposal in- volves sweeping changes to trust account record keeping. Underlining indicates new language; shading represents omit- ted language. If you have comments, please submit them to Jack Condliffe at jcondliffe@marylandfamilylaw.us.


Proposed New MRPC 1.15 (b) Rule 1.15. Safekeeping Property.


(a) A lawyer shall hold property of clients or third persons that is in a lawyer’s possession in connection with a rep- resentation separate from the lawyer’s own property. Funds shall be kept in a separate account maintained pursu- ant to Title 16, Chapter 600 of the Maryland Rules. Other property shall be identified as such and appropriately


safeguarded. Complete records of such account funds and of other property shall be kept by the lawyer and shall be preserved for a period of five years after termination of the representa- tion.


(b) The following books and records must be maintained for funds and property received and disbursed for clients or for third persons: 1. An identification of all trust ac- counts maintained, including the name of the bank of other depository, account number, ac- count name, date account opened, and an agreement with the bank establishing each account and its interest bearing nature.


2. A check register for each account that chronologically shows all deposits and checks. a. Each deposit entry must in-


VIDEO CONFERENCING


• CONVENIENT VIDEO CONFERENCING LOCATIONS • VIDEO/TRANSCRIPT SYNCHRONIZATION • AUDIO/TRANSCRIPT SYNCHRONIZATION • LIVENOTE®


PROVIDERS & TRAINERS


• DIGITAL VIDEOGRAPHY • PROFESSIONALLY CERTIFIED REPORTERS • REAL TIME REPORTING • NETWORKING YOU CAN TRUST


2006 Gold Sponsor, MTLA


52


BALTIMORE, MD 410-385-1882


REPORTING & TECHNOLOGY GROUP, INC.


A DIVISION OF


clude the date of the deposit, the amount, the identity of the client(s) or third person for whom the funds were deposited, the purpose of the deposit, and the source of the funds.


b. Each check entry must include the date the check was issued, the payee, the amount, the identity of the client or third person for whom the check was issued (if not the payee), and the purpose of the check.


3. A ledger for each client matter in which the lawyer receives trust funds must be maintained. For every trust account transaction, a lawyer must record on the appropriate client ledger: the date of receipt or disbursement; the amount and source of each


1-800-837-2285 WWW.ARTMILLER.COM SCHEDULING@ARTMILLER.COM


TOWSON, MD 410-494-8300


WASHINGTON, D.C. 202-234-8300


A case with no record is a record of no case! Trial Reporter Winter 2007


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64