IOLTA trust accounting and payments for law firms.
Client money held in trust, three-way reconciled, and moved to operating only against an earned, approved invoice. Bar-compliant trust accounting as infrastructure — not a bolt-on.
A law firm's trust account is governed money: client funds held in IOLTA, never commingled with the firm's own, released to operating only when fees are earned and invoiced, and reconciled three ways — bank, book and client ledger — on a schedule the bar can audit. A single misapplied dollar is an ethics problem, not a bookkeeping one.
Digital Treasury treats trust accounting as a ledger discipline the platform enforces: pooled IOLTA funds with a per-client sub-ledger, earned-fee transfers gated on an approved invoice, and three-way reconciliation by construction. It ships as Trustry.
The money problems in Legal / IOLTA.
No commingling, ever
Client trust money and firm operating money must never mix. That separation has to be enforced by the system, not by a careful bookkeeper.
Three-way reconciliation
Bank balance, trust ledger and the sum of client sub-ledgers must all agree — every period, for every client. Drift is a bar-reportable event.
Earned-fee transfers
Money moves from trust to operating only when a fee is earned and invoiced — and that movement needs an approval and an audit trail.
How Digital Treasury solves it.
Pooled IOLTA with a per-client sub-ledger
One trust account, a sub-ledger balance per client, and the invariant that the parts always sum to the bank — the definition of a sound FBO/trust structure.
Gated earned-fee transfers
A trust-to-operating transfer only executes against an approved invoice, so earned fees move correctly and unearned funds stay put.
Three-way reconciliation as an invariant
Because holds and postings are modeled explicitly, bank, trust ledger and client sub-ledgers reconcile by construction — not by a stressful month-end exercise.
The configured product for Legal / IOLTA.
Trustry is Digital Treasury for law firms — IOLTA deposits, per-client trust sub-ledgers, three-way reconciliation and earned-fee transfers that only clear against an approved invoice.
Legal / IOLTA, answered.
Does it prevent commingling of client and firm funds?
Yes. Client funds sit in a pooled trust (IOLTA) structure with a per-client sub-ledger, structurally separated from operating funds; money only moves to operating via a gated, approved earned-fee transfer.
Do you support three-way reconciliation?
Yes. The bank balance, the trust ledger and the sum of all client sub-ledgers reconcile by construction because holds and postings are modeled explicitly — the three views always tie out.
Other markets on the same engine.
HOA / community
Dues collected on schedule, a reserve fund that always reconciles, and vendor payments that clear on a board quorum — not a manager's say-so. Association finances with governance built in.
Property / rent
Recurring rent on autopilot, grace-aware late fees that apply the rules exactly, and security deposits held in escrow — rent-roll cash flow that reconciles itself.
Construction
Payment holds until the lien waiver and COI clear, retainage tracked to the cent, and every draw an approved, auditable money movement. Construction cash flow with the compliance built in.
Move money in Legal / IOLTA on infrastructure built for it.
One API for payments, ledgering and compliance — white-labeled as Trustry, or connected to your own systems.
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