Koma’s consultants offer specific expertise in IOLTA and client trust accounts. Mismanaging client funds, even inadvertently, could lead to state bar complaints or suspension of an attorney’s license to practice law. But the rules for attorneys are often written and implemented differently than the rules for other fiduciary professionals, and many accounting firms without specific IOLTA experience may not have what it takes to point their attorney clients in the right direction.
Using Koma Consulting Group to manage your law firm’s IOLTA accounts can ensure your license to practice law is just as safeguarded as your clients’ funds.
In today’s legal market, there are many duties that compete for a managing partner’s time. Between appearing in court, meeting with clients, conceptualizing and approving firm advertisements, networking with other legal professionals, managing your staff, meeting payroll and IOLTA requirements, and ensuring your firm is poised to handle the next economic downturn, you may find that there simply aren’t enough hours in the day to tackle all your obligations. And unfortunately, dropping just one of these balls could substantially impact other aspects of your firm’s structure.
Instead, smart law firm managers choose to delegate these duties to a consultant that’s equipped to handle each of a firm’s auxiliary needs. Koma Consulting Group’s industry expertise and tailor-made solutions can help you grow your practice and reach your business goals, whatever they may be.