The article explains changes to the framework under the amended rules, along with practical guidelines for compliance. Office of Bar Counsel investigations may become more common under the amended rule, so this guidance is particularly valuable to all lawyers in Massachusetts.
For those with a subscription to Massachusetts Lawyers Weekly, the article is available here: https://masslawyersweekly.com/2026/05/25/managing-iolta-funds-under-amended-rule-1-15/
Those without a subscription may read a reprint of the article here: https://www.connkavanaugh.com/wp-content/uploads/2026/05/IOLTA-Article-5.25.26-for-MLW-FINAL.pdf
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