Earlier today, we reported on a Department of Education committee’s recommendation that the ABA be stripped of its authority to accredit new law schools for one year. To understand the gravity of this possibility, when did the ABA publish the first classification of approved schools?
Hint: Prior to this date, the ABA and the AALS clashed over appropriate standards. The AALS stepped back two years prior after passing a resolution to endorse the ABA’s standards.
The Law Firm’s Guide To Trust Accounting And Three-Way Reconciliation
Proper trust accounting and three-way reconciliation are essential for protecting client funds and avoiding serious compliance risks. In this guide, we break down these critical processes and show how legal-specific software can help your firm stay accurate, efficient, and audit-ready.
See the answer on the next page.