The Interest on Lawyers trust Accounts or much known as IOLTA, was developed by the Federal Government. The reason why they developed this amazing program is in order to generate some funds that can be utilized for rendering civil legal services to the needy. In order for the funds to be put in the IOLTA account, the client has to pay for the services of an attorney. The money paid to the attorney will then directly go to the IOLTA account, especially if it is a small amount, or if the attorn...

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