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  • August 16, 2023

    Trust Account Rule Changes: Here’s Where to Learn the Best Practices for Accepting Electronic Payments

    As of July 1, 2023, lawyers can now accept credit card and electronic payments. A free CLE program from the Office of Lawyer Regulation helps you learn more about the trust account amendments to SCR 20:1.15 and trust account management generally. Register by Sept. 18, 2023.
    sending money on a smartphone via electronic payment

    Aug. 16, 2023 – As of July 1, 2023, Wisconsin lawyers may now accept credit card and other electronic payments – but how do you make sure you’re doing them according to the new trust account rules?

    All About the New Rule

    The Supreme Court amended the lawyer trust account rule, SCR 20:1.15, effective July 1, 2023 – and these amendments affect lawyers’ ability to accept credit card payments. The newly effective trust account rule did away with the general prohibition on electronic transactions that existed under the prior rule in effect through June 30, 2023.

    Lawyers may now accept credit card payments and other electronic payments to all trust accounts and they may make electronic payments from their trust accounts – provided that lawyers:

    • comply with reasonable account security requirements;

    • keep complete records of their transactions; and

    • otherwise comply with SCR 20:1.15.

    Learn More About New Trust Account Rules

    To learn more about the new provisions relating to electronic banking, as well as general trust account requirements, attend the annual “Trust Account Management” program from the Office of Lawyer Regulation, presented as a live webcast Friday, Sept. 22, 2023, from 9 a.m. to 1 p.m.

    This seminar is approved for 4.0 EPR credits, and is free of charge to State Bar members and their staff.

    Topics include:

    • Trust Account Basics

    • Handling Legal Fees and Costs

    • Record Keeping

    • The Role of Trust Accounts in Increasing Access to Justice

    • Electronic Banking

    • Q&A

    Presenters include Travis Stieren, OLR Trust Account Program administrator; Timothy Pierce, State Bar ethics counsel; and Tehmina Islam, IOLTA program manager, ​Wisconsin Trust Account Foundation.

    For agenda and registration materials, visit

    Free CLE Session on Trust Account Management – Register by Sept. 18

    Reserve your spot today for the online program, “Trust Account Management,” from Travis Stieren, Office of Lawyer Regulation Trust Account Program administrator.

    This program is presented free of charge as a service to the members of the State ​​Bar of Wisconsin and their support staff.

    To register, complete this form and return via mail or email by Sept. 18, 2023, to:

    Attn: Trust Account Program
    Office of Lawyer Regulation
    110 E. Main Street, Suite 315
    P.O. Box 1648
    Madison, WI 53701-1648

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