In order to avoid the impermissible co-mingling of clients’ funds with the funds of the attorney, the Statewide
Grievance Committee has determined that attorneys should maintain only a de minimis amount of personal funds,
sufficient to cover administrative costs, in clients’ funds account.  Generally, the amount should not exceed $500.00.  
Retainers taken and not yet earned remain the property of the client or third party on whose behalf the attorney is
holding the funds and it is appropriate to hold these funds in the IOLTA.  The fees must be disbursed as they are
earned.
More than $500.00 in attorney's personal    
       funds held in the bank account