All lawyers who handle trust funds for clients or third parties are subject to rigorous trust assurance standards set out in the Law Society Rules.
BC lawyers often handle trust funds on behalf of other people. This is an important responsibility and fundamental to the conduct and completion of...
Law firms are required to submit an annual trust report to the Law Society
All law firms are subject to Law Society compliance audits to ensure their books, records and accounts comply with the requirements of the Act, Rules and Code
The Law Society Rules require a lawyer who discovers a trust shortage to immediately pay enough funds into the account to eliminate the shortage
BC lawyers must remit to the Law Society a fee for each file that involves trust funds. The fee revenue is used to fund the Trust Assurance Program
Lawyers are required to account to a client for any money held in trust for the client's benefit. Sometimes a lawyer is unable to locate a...
-
- Act, Rules & Code
- Legal Profession Act
-
- Law Society Rules
- Highlights of Amendments to the Law Society Rules
- Definitions
- Part 1 – Organization
- Part 2 – Membership and Authority to Practise Law
- Part 3 – Protection of the Public
- Part 4 – Discipline
- Part 5 – Tribunal, Hearings and Appeals
- Part 6 – Custodianships
- Part 8 – Lawyers’ Fees
- Part 9 – Incorporation and Limited Liability Partnerships
- Part 10 – General
- Schedule 1 – Law Society Fees and Assessments
- Schedule 2 – Prorated Fees and Assessments for Practising Lawyers
- Schedule 3 – Prorated Fees for Non-Practising and Retired Members
- Schedule 4 – Tariff for Hearing and Review Costs
- Schedule 5 – Form of Summons
-
- Code of Professional Conduct for British Columbia (the BC Code) – annotated
- About the Code of Professional Conduct for BC
- Highlights of Amendments to the BC Code
- Introduction to the BC Code
- Chapter 1 – Interpretation and Definitions – annotated
- Chapter 2 – Standards of the Legal Profession – annotated
- Chapter 3 – Relationship to Clients – annotated
- Chapter 4 – Marketing of Legal Services – annotated
- Chapter 5 – Relationship to the Administration of Justice – annotated
- Chapter 6 – Relationship to Students, Employees, and Others – annotated
- Chapter 7 – Relationship to the Society and Other Lawyers
- Appendix A – Affidavits, Solemn Declarations and Officer Certifications – annotated
- Appendix B – Family Law Mediation, Arbitration and Parenting Coordination
- Appendix C – Real Property Transactions – annotated
- Appendix D – Supervision of Paralegals
- Member's Manual
- Lawyers Indemnity Fund Website
-
- Discipline Advisories
- August 6, 2024
- June 2, 2022
- August 31, 2021
- June 29, 2021
- February 10, 2021
- August 13, 2020
- June 1, 2020
- April 2, 2019
- April 10, 2018
- February 8, 2018
- July 13, 2017
- March 31, 2016
- October 2, 2015
- August 20, 2015
- September 25, 2014
- November 8, 2013
- May 1, 2013
- February 18, 2013
- January 11, 2013
- November 22, 2012
- August 10, 2012
- June 12, 2012
- February 1, 2012
- December 7, 2011
- October 19, 2011
- August 19, 2011
- July 18, 2011
- June 10, 2011
- Discipline and Suspension Resources for Lawyers