What should a barrister do to protect client interests in trust accounting?

• A. Use client funds for personal expenses if approved by solicitor.
• B. Keep client funds separate; comply with trust accounting rules; maintain accurate records and protect client interests.
• C. Keep no records of client funds.
• D. Mix funds with personal funds to simplify use.

Answer: (B)

Trust accounting hinges on handling client money as funds held on trust, separate from the barrister’s own money, and keeping meticulous records to protect the client’s interests. The correct practice is to keep client funds separate, follow the established trust accounting rules, and maintain accurate records so that every dollar can be accounted for and applied as intended. This ensures funds aren’t misused for personal expenses and are available to meet the client’s needs or to be returned when required.

Using client funds for personal expenses, even with some approval from a solicitor, breaches the fiduciary duty owed to clients and is not permissible. Keeping no records or mixing client funds with personal funds undermines trust and can constitute misappropriation or dishonesty, which is why those options are inappropriate.