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Bank wants $100 deposit to set up IOLTA. Is this ethical?

It feels like I'm comingling funds.
turquoise dog poop reading party
  01/22/26
No clue. Not a shit lawyer.
disgusting plum cuckoldry
  01/22/26
...
sinister curious locus codepig
  01/22/26
Iirc my state has a rule that allows a lawyer to coomingle i...
insane razzmatazz scourge upon the earth
  01/22/26
Fuck. I was hoping I could avoid depositing the $100.
turquoise dog poop reading party
  01/22/26
You can keep a small amount to cover fees.
irate multi-colored juggernaut location
  01/22/26
If I make the $100 deposit it would come out of my operating...
turquoise dog poop reading party
  01/22/26
Yes I understand that. It was an implicit premise of your O...
irate multi-colored juggernaut location
  01/22/26
I'm not keeping anything though. $100 of my own money will g...
turquoise dog poop reading party
  01/22/26
I think your law practice is going to go great.
irate multi-colored juggernaut location
  01/22/26


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Reply Favorite

Date: January 22nd, 2026 7:14 PM
Author: turquoise dog poop reading party

It feels like I'm comingling funds.

(http://www.autoadmit.com/thread.php?thread_id=5825201&forum_id=2\u0026mark_id=5310880#49609967)



Reply Favorite

Date: January 22nd, 2026 7:15 PM
Author: disgusting plum cuckoldry

No clue. Not a shit lawyer.

(http://www.autoadmit.com/thread.php?thread_id=5825201&forum_id=2\u0026mark_id=5310880#49609969)



Reply Favorite

Date: January 22nd, 2026 7:15 PM
Author: sinister curious locus codepig



(http://www.autoadmit.com/thread.php?thread_id=5825201&forum_id=2\u0026mark_id=5310880#49609970)



Reply Favorite

Date: January 22nd, 2026 7:17 PM
Author: insane razzmatazz scourge upon the earth

Iirc my state has a rule that allows a lawyer to coomingle in some amount of de minimus funds if necessary.

Check you RPC frequently!

(http://www.autoadmit.com/thread.php?thread_id=5825201&forum_id=2\u0026mark_id=5310880#49609972)



Reply Favorite

Date: January 22nd, 2026 7:19 PM
Author: turquoise dog poop reading party

Fuck. I was hoping I could avoid depositing the $100.

(http://www.autoadmit.com/thread.php?thread_id=5825201&forum_id=2\u0026mark_id=5310880#49609979)



Reply Favorite

Date: January 22nd, 2026 7:19 PM
Author: irate multi-colored juggernaut location

You can keep a small amount to cover fees.

(http://www.autoadmit.com/thread.php?thread_id=5825201&forum_id=2\u0026mark_id=5310880#49609981)



Reply Favorite

Date: January 22nd, 2026 7:20 PM
Author: turquoise dog poop reading party

If I make the $100 deposit it would come out of my operating expenses, not client funds.

(http://www.autoadmit.com/thread.php?thread_id=5825201&forum_id=2\u0026mark_id=5310880#49609985)



Reply Favorite

Date: January 22nd, 2026 7:24 PM
Author: irate multi-colored juggernaut location

Yes I understand that. It was an implicit premise of your OP.

(http://www.autoadmit.com/thread.php?thread_id=5825201&forum_id=2\u0026mark_id=5310880#49609999)



Reply Favorite

Date: January 22nd, 2026 7:26 PM
Author: turquoise dog poop reading party

I'm not keeping anything though. $100 of my own money will go into this bank account, and I'll never get it back unless I close the account.

(http://www.autoadmit.com/thread.php?thread_id=5825201&forum_id=2\u0026mark_id=5310880#49610006)



Reply Favorite

Date: January 22nd, 2026 7:27 PM
Author: irate multi-colored juggernaut location

I think your law practice is going to go great.

(http://www.autoadmit.com/thread.php?thread_id=5825201&forum_id=2\u0026mark_id=5310880#49610012)