Inside LawAccounting's IOLTA Interest & Bar Foundation Remittance Engine: How Firms Prove Every Dollar of Trust Interest Went Where the Rules Say It Must (2026 Feature Spotlight)
Interest earned on pooled client trust accounts does not belong to the firm or the client — it belongs to the state's IOLTA program. Most firms treat that as the bank's problem until a compliance review asks them to prove it. Here is how LawAccounting tracks trust interest, service charges, and remittances as first-class ledger events.