IOLTAWatch connects to your firm's trust account, performs the three-way reconciliation the Florida Bar requires, and produces an audit-ready PDF — every month, automatically. Built for solo and small-firm attorneys who can't afford a bookkeeping mistake.
You set it up once. We do the rest. No new accounting platform to learn, no IT lift, and nothing to import by hand.
Securely link your IOLTA account through Plaid in under two minutes. Read-only access — we can see transactions, we can never move money.
Each new deposit, disbursement and bank fee is matched against the correct client sub-ledger. Outstanding items, transfers and corrections are flagged for your review.
On the last day of each month, IOLTAWatch generates a signed three-way reconciliation PDF formatted to Rule 5-1.2(f)(5) and archives a copy for the six-year retention window.
The Florida Bar audits trust accounts — sometimes randomly, sometimes after a single client complaint. The standard isn't "you meant to." The standard is "you did it, in writing, every month."
Florida lawyers must produce a comparison of the bank statement, trust ledger and the sum of client sub-ledgers — every month, in writing, retained for six years.
The Bar can subpoena trust records at any time. Missing or inconsistent reconciliations are the most common trigger for escalated review.
Trust accounting violations regularly result in public reprimand, probation, suspension and — in cases of commingling — disbarment. Even unintentional shortfalls are sanctionable.
Most Florida malpractice applications now ask whether you reconcile monthly and retain documentation. "No" answers move you to a higher premium tier — or off the policy entirely.
The trust account is the third rail of legal practice. Touch it the wrong way, even by accident, and a fifteen-year career ends in a one-page disciplinary order.Paraphrased from Florida Bar discipline guidance Public reprimands & suspensions related to Rule 5-1.2 are reported quarterly in The Florida Bar News.
No tiers, no seat math, no surprise upgrade when you take on a fifteenth client matter. Cancel anytime — your archived reconciliations stay yours.
For solo and small Florida firms, 1–5 attorneys.
Billed monthly. 30-day money-back guarantee. Cancel anytime.
Most Florida solos either do reconciliation by hand on the 28th of the month at 11pm, or pay an outside bookkeeper $400–$1,200 to do it for them. Either way, the attorney is still the one with the license on the line.
