Rule 1.17A Dissolution of law firm

When a law firm or legal professional corporation shuts down, the partners still have a job to do. They must make sure someone keeps proper records of the client trust accounts, the accounts that hold money belonging to clients rather than the firm.

This matters because clients' money needs to be tracked carefully, even after the firm no longer exists. The partners have to set up a reasonable plan to keep these records safe and accessible, so if questions come up later about client funds, the information is still there. This protects clients from losing track of their money just because the firm closed its doors.