Topic: Using Online Banking to Manage a Trust Account
From the opinion:
“Opinion rules that a law firm may use online banking to manage its trust accounts provided the firm’s managing lawyers are regularly educated on the security risks and actively maintain end-user security.”
Rules: North Carolina Rules of Professional Conduct 1.15
North Carolina State Bar 2011 Formal Ethics Opinion 6
The full text of the opinion can be found at http://www.ncbar.com…