Trust account compliance remains one of the most scrutinised and misunderstood areas of legal practice. In this timely and practical session, you'll gain critical insights from recent decisions of the Victorian Legal Services Board + Commissioner (VLSBC), revealing how easily firms can get caught out, even with good intentions.
With reference to cases, compliance audits and investigations, our presenter will discuss the common missteps that have led to regulatory breaches, including mismanagement of client funds, inadequate delegation and supervision, failures in reporting obligations, and ethical blind spots.
Whether you're a sole practitioner, partner, or practice manager, this session will help you:
- Understand the boundaries of trust and office money.
- Avoid common traps in billing and recordkeeping.
- Learn what auditors and regulators are looking for.
- Prepare for compliance audits and minimise risk.
- Navigate the ethical challenges of managing client funds.
Essential for any practitioner with trust, authorisation or oversight responsibility.
What is included:
Videos of the presentation in mp4 format.
Paper materials in pdf format.
* This Webcast does not allow WA practitioners to claim CPD points
