Multistate Professional Responsibility Exam Practice Question

A lawyer is hired to collect and distribute funds on behalf of a non-profit organization. To comply with professional responsibility standards, how should the lawyer manage the organization's funds?

  • Invest the funds to increase the organization's assets before distribution.

  • Allow employees of the law firm to handle the funds with appropriate oversight.

  • Maintain a separate trust account for client funds.

  • Deposit the funds into the lawyer's personal bank account until distribution.

Multistate Professional Responsibility Exam
Safekeeping funds and other property
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