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Trust accounting essentials: Practice guide (LPUL)
- 2 CPD Points
- Start Any Time
- Interactive
- Start from $249.00
- ID044_MAN
Course Overview
Trust accounting is one of the most important elements of practice management. The obligations and responsibilities of lawyers in this area are taken very seriously, and irregularities can lead to severe consequences. In this short course, we will outline the best practice trust accounting principles and the obligations of legal practitioners in respect of different types of trust money.
This course explains the basic requirements for dealing with trust money under the Legal Profession Uniform Law and explores some of the dangers that can result in trust account provisions being inadvertently breached. It identifies a range of best practice strategies, which may be implemented to prevent breaches, and considers the consequences when breaches do occur.
At the end of this course, you'll be able to:
- Explain the regulatory framework governing trust money and record keeping.
- Implement effective operating practices to comply with regulatory obligations and to rectify poor practices.
- Outline the provisions governing the responsibilities of principal lawyers regarding trust monies.
- Identify ways in which trust account provisions can inadvertently be breached and prevention strategies.
The course contains content that falls within the mandatory CPD categories of Ethics and Professional Responsibility and Practice Management and Business Skills.
Course Structure
Topic 1: Introduction to trust accounting
Topic 2: Key statutory obligations
Topic 3: Dealing with trust money
Topic 4: Breaches of trust money obligations
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BUILD YOUR OWN BUNDLE
In this short course, accredited specialist in family law, Kathryn Kearley, will guide you through the process of advising a client that is seeking urgent or interim orders (which may include an order to stop their former partner or spouse from doing something, or to compel their former partner or spouse to do something).
In this short course, accredited specialist in family law, Kathryn Kearley, will guide you through the process of advising a client that is seeking urgent or interim orders (which may include an order to stop their former partner or spouse from doing something, or to compel their former partner or spouse to do something).
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Strata title conveyancing: Step-by-step guide
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Pricing Legal Services: Practice guide
When it comes to pricing, managing the expectations of all stakeholders requires considerable preparation. Pricing legal work also requires a practical understanding of law firm economics and the related profitability variables of law firm culture.
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Building emotional intelligence: Skills series
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This course provides resources to enhance team collaboration and communication through developing emotional intelligence, a valuable skill for lawyers at any career level.
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26 February 2025, 9.30am to 1.30pm AEDT. Enhance your expertise in testamentary trusts with this more advanced course, perfect for providing precise advice to clients. Led by Accredited Specialist Robert Monahan, you'll refine your skills in preparing testamentary trusts, managing risks, and understanding tax implications.
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This course will equip you with guidelines to follow when instructed to administer a deceased estate. You’ll know which processes to follow when the deceased person dies leaving a valid will (testate) or without leaving a valid will (intestate).
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In this course you’ll learn about what elements make commercial leases distinct entities, covering properties such as shops, factories and offices.
SHORT COURSE
COLLABORATIVE PRACTICE
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Master the legal complexities of commercial developments and home improvement projects with practical insights and expert guidance.
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20 March 2025, 10.00am to 11.00am AEDT
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20 March 2025, 10.00am to 11.00am AEDT
Learn about the recent changes in Wills and Estates practice, including will drafting essentials, the use of testamentary trusts in estate planning, superannuation, trusts, incapacity and will challenges.
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Wills skills drafting essentials (NSW)
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Applications for divorce: Step-by-step guide
Divorce in Australia is on the rise with more than 56,000 divorces granted in 2021. Despite becoming more common, divorce remains one of the most stressful and uncertain life events.
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6 March 2025, 9.00am to 4.00pm AEDT. Join our full-day live webinar to gain essential knowledge and skills in family law, including the legal framework, dispute resolution, family law proceedings, and ethical responsibilities. Build your confidence as you learn the practice and procedures in Australia, the importance of dispute resolution, the steps in family law matters, and professional obligations in family law practice.
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This course provides an overview of the initial stages of litigation and discusses the preparation of cases, pleadings and particulars applicable to civil litigation.
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This course explores the mutual and individual duties of employers and employees, uncovering how these responsibilities shape a culture of trust and cooperation.
SINGLE COURSE
Introduction to employment and contracts – skills series
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This interactive course will equip you with a step-by-step overview of e-conveyancing when acting for vendors or purchasers in real property transactions.
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Master the essentials of security of payment legislation and dispute resolution to navigate construction disputes with confidence.
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Advocacy, court etiquette and protocol: Practice guide
Advocating for your client in court can be intimidating. Doing it effectively requires a range of abilities: from case analysis and making oral submissions, to cross-examining witnesses in criminal trials, and being able to put forward a strong and persuasive case.
Advocating for your client in court can be intimidating. Doing it effectively requires a range of abilities: from case analysis and making oral submissions, to cross-examining witnesses in criminal trials, and being able to put forward a strong and persuasive case.
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Cross-examination and re-examination: Step-by-step guide
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Drafting Wills: Practice Guide
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This course will teach you how to correctly draft wills, minimise negligence claims and tailor each will to your clients’ needs and circumstances.
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Probate applications: Step-by-step guide
Upskill in probate law to provide clarity and certainty during these challenging times.
This course will guide you through the processes, complexities and risks when dealing with probate. You’ll learn how to distribute the assets of the estate according to the requirements of the will.
Upskill in probate law to provide clarity and certainty during these challenging times.
This course will guide you through the processes, complexities and risks when dealing with probate. You’ll learn how to distribute the assets of the estate according to the requirements of the will.
This bundle of step-by-step guides will build your capabilities across four essential – and practical – modules. Including, business strategy, business development, leadership and pricing legal services.
This bundle of step-by-step guides will build your capabilities across four essential – and practical – modules. Including, business strategy, business development, leadership and pricing legal services.
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This bundle will build your capabilities across four essential – and practical modules. You’ll learn Supreme and Federal Court practice and procedure, pre-trial procedure, case preparation, pleadings and contract claims in the District Court.
Navigate the high-stakes world of Building and construction law by diving into key knowledge of contracts, compliance, and legislation.
Navigate the high-stakes world of Building and construction law by diving into key knowledge of contracts, compliance, and legislation.
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ADR in building and construction - Practice guide
Enhance your ability to resolve construction disputes effectively with expert insights into alternative dispute resolution methods like negotiation, mediation, and arbitration.
Enhance your ability to resolve construction disputes effectively with expert insights into alternative dispute resolution methods like negotiation, mediation, and arbitration.
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Employment liability and litigation - Skills series
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This course unpacks liability, statutory claims, and workplace protections, equipping you to navigate legal responsibilities and safeguard fairness with confidence.
24 March 2025, 9.00am - 12.00pm AEDT. Join this half-day online webinar on estate planning for blended families to gain an understanding of how to tackle client objectives. Learn about the possible strategies, estate planning advantages, and associated risks. Additionally, get informed about the risks of excluding children from prior relationships.
24 March 2025, 9.00am - 12.00pm AEDT. Join this half-day online webinar on estate planning for blended families to gain an understanding of how to tackle client objectives. Learn about the possible strategies, estate planning advantages, and associated risks. Additionally, get informed about the risks of excluding children from prior relationships.
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Powers of attorney: Step-by-step guide
This course will guide you through the processes, complexities and risks when dealing with this substitute decision-making instrument.
This course will guide you through the processes, complexities and risks when dealing with this substitute decision-making instrument.
SINGLE COURSE
Off the plan sales: Step-by-step guide
Do you know the ins and outs of purchasing properties off the plan as opposed to purchasing existing properties in New South Wales? At the end of this course, you’ll be able to Identify common off-the-plan sales concepts, draft checklists for advising a client on an off-the-plan sale contract, prepare to advise a client on an off-the-plan sale transaction
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Identifying your client’s objectives is critical when advising on business structures, because every structure has different legal and/or taxation consequences associated with it. This course looks at the most commonly available entities used when structuring a business and looks at some of the advantages and disadvantages of each of those entities.
This course will focus on reducing and managing risk for your client through the drafting and negotiation of contractual clauses with a particular focus on indemnities given their importance to risk allocation.
This course will focus on reducing and managing risk for your client through the drafting and negotiation of contractual clauses with a particular focus on indemnities given their importance to risk allocation.
SINGLE COURSE
Evidence-in-chief: Practice guide
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Evidence-in-chief (when a witness is being questioned in court by the party that called them to appear) is key to building a strong foundation for your case. Whether you’re the defence or prosecution, you need to approach the questioning of your witnesses strategically.
SINGLE COURSE
Drafting commercial documents: Skills series
This course will equip you with the skills to draft legal documents that precisely state the legal issue, statements of the client and any remedies sought.
This course will equip you with the skills to draft legal documents that precisely state the legal issue, statements of the client and any remedies sought.
SINGLE COURSE
Drafting affidavit evidence: Skills series
This course will provide you with the knowledge, insights and a framework for preparing affidavits, including interviewing clients and recording statements.
This course will provide you with the knowledge, insights and a framework for preparing affidavits, including interviewing clients and recording statements.
The College of Law’s Legal Practice Management Course (LPMC) is your ticket to becoming a partner, sole practitioner, or principal lawyer. Not only does it help you on your journey to getting an unrestricted practising certificate, but it also provides you with immediate, practical knowledge to help you thrive as a business leader in the law. Our courses are designed and taught by industry experts with experience you can draw on to help you become a leader and discover new career opportunities.
The College of Law’s Legal Practice Management Course (LPMC) is your ticket to becoming a partner, sole practitioner, or principal lawyer. Not only does it help you on your journey to getting an unrestricted practising certificate, but it also provides you with immediate, practical knowledge to help you thrive as a business leader in the law. Our courses are designed and taught by industry experts with experience you can draw on to help you become a leader and discover new career opportunities.
27 February 2025, 1.30pm to 4.45pm AEDT. Effective leadership in the VUCA world requires high performance, collaboration, and emotional intelligence. Leaders must manage conflict and stress, develop strong relationships, and reduce stress to increase engagement and productivity. This hands-on program helps in achieving these goals.
27 February 2025, 1.30pm to 4.45pm AEDT. Effective leadership in the VUCA world requires high performance, collaboration, and emotional intelligence. Leaders must manage conflict and stress, develop strong relationships, and reduce stress to increase engagement and productivity. This hands-on program helps in achieving these goals.
LIVE COURSE
Advanced Document Drafting
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20 February 2025, 1.30pm to 4.45pm AEDT. Enhance your legal drafting skills and learn how to master planning techniques, tailor client-focused communications, and refine your abilities through practical exercises.
BUNDLE
Essential guide to advocacy
From case analysis and cross-examination to drafting and oral submissions. These skills, coupled with court etiquette, will enable you to advocate for your clients with conviction.
This bundle will build your capabilities across four essential – and practical – modules.
From case analysis and cross-examination to drafting and oral submissions. These skills, coupled with court etiquette, will enable you to advocate for your clients with conviction.
This bundle will build your capabilities across four essential – and practical – modules.
A carefully drafted contract must be precise, comprehensive, free of contradictions, grammatically accurate and have clear legal interpretation. It’ is a crucial skill that every lawyer must acquire.
A carefully drafted contract must be precise, comprehensive, free of contradictions, grammatically accurate and have clear legal interpretation. It’ is a crucial skill that every lawyer must acquire.
SINGLE COURSE
Communicating effectively with clients: Skills series
This course provides you with essential insights to improve your communication skills as you unpack a practical case study on suspected money laundering. You’ll gain strategies and techniques to exercise judgement and demonstrate best-practice client communications.
This course provides you with essential insights to improve your communication skills as you unpack a practical case study on suspected money laundering. You’ll gain strategies and techniques to exercise judgement and demonstrate best-practice client communications.
SINGLE COURSE
Community title conveyancing: Step-by-step guide
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This course will provide you with an understanding of fundamental community title concepts; the various forms of community title subdivision; and community, neighbourhood and precinct schemes.
SINGLE COURSE
Business development strategies: Skills series
In this course we’ll evaluate various business development strategies you can use to identify, nurture and acquire new clients, opportunities and drive growth and profitability.
In this course we’ll evaluate various business development strategies you can use to identify, nurture and acquire new clients, opportunities and drive growth and profitability.
SINGLE COURSE
Unpacking commercial contracts: Skills series
This course will step you through the critical stages of a commercial contract. As you progress, you’ll unpack a practical scenario to examine the theory in action. You’ll gain practical skills to guide your clients with confidence through establishing a commercial contract. And you’ll learn about essential considerations along the way – from pre-formation through to contract termination.
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SINGLE COURSE
Enforcing judgment debts: Step-by-step guide
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In this short course, you'll learn the different methods you can use to enforce judgments on behalf of your clients.
SINGLE COURSE
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Knowing how and when a party should exercise its termination rights and drafting termination clauses for inclusion in agreements are important skills for a commercial lawyer.
Knowing how and when a party should exercise its termination rights and drafting termination clauses for inclusion in agreements are important skills for a commercial lawyer.
SINGLE COURSE
Preparing a brief to counsel: Skills series
This course will give you the skills to prepare a quality brief for counsel with confidence.
This course will give you the skills to prepare a quality brief for counsel with confidence.
SINGLE COURSE
Introduction to criminal procedure: Practice Guide
Get your comprehensive guide to initiating and managing criminal matters in the Local Court of New South Wales or on appeal
Get your comprehensive guide to initiating and managing criminal matters in the Local Court of New South Wales or on appeal
SINGLE COURSE
Shareholder agreements in practice: Practice guide
A shareholder agreement is a written agreement between shareholders or partners of a business and it outlines the obligations and responsibilities of the business owners. It’s intended to ensure that shareholders are treated fairly and their rights are protected.
A shareholder agreement is a written agreement between shareholders or partners of a business and it outlines the obligations and responsibilities of the business owners. It’s intended to ensure that shareholders are treated fairly and their rights are protected.
SINGLE COURSE
Contract claims in the District Court NSW: Step by step
In this short course, learn the main principles of a debt recovery matter for liquidated claims and the procedure to conduct and implement an undefended debt recovery matter in the District Court.
In this short course, learn the main principles of a debt recovery matter for liquidated claims and the procedure to conduct and implement an undefended debt recovery matter in the District Court.
LIVE COURSE
Powers of attorney in practice (NSW)
18 February 2025, 9.00am to 11.15am AEDT. In this live webinar, you will be guided through critical information to understand the process, complexities, associated risks and dispute resolution methods when dealing with this substitute decision making instrument.
18 February 2025, 9.00am to 11.15am AEDT. In this live webinar, you will be guided through critical information to understand the process, complexities, associated risks and dispute resolution methods when dealing with this substitute decision making instrument.
LIVE COURSE
Workers' Compensation Practice Update (NSW)
18 March 2025, 9.30am to 10.30am AEDT. Learn about the recent developments in Workers Compensation Practice and Procedure in the Personal Injuries Commission (PIC) and IRO funding. Get briefed on the latest updates in the Workers Compensation legislation and case law.
18 March 2025, 9.30am to 10.30am AEDT. Learn about the recent developments in Workers Compensation Practice and Procedure in the Personal Injuries Commission (PIC) and IRO funding. Get briefed on the latest updates in the Workers Compensation legislation and case law.
Want to draft and execute your clients’ wills and estates with confidence and clarity? This course bundle will build your capabilities across four essential – and practical – modules.
Want to draft and execute your clients’ wills and estates with confidence and clarity? This course bundle will build your capabilities across four essential – and practical – modules.
Bolster your knowledge and skills across business transactions. And empower your clients to manage risk and achieve their commercial objectives. This course bundle will build your capabilities across four essential – and practical – modules.
Bolster your knowledge and skills across business transactions. And empower your clients to manage risk and achieve their commercial objectives. This course bundle will build your capabilities across four essential – and practical – modules.
The criminal justice system establishes the basis for fair representation, contributes to accountability for individuals' actions and safeguarding fundamental rights—an insight emphasised in the Essential Guide to Criminal Law Bundle. Tailored for those seeking a comprehensive overview in New South Wales through four practical modules with interactive activities and downloadable resources.
The criminal justice system establishes the basis for fair representation, contributes to accountability for individuals' actions and safeguarding fundamental rights—an insight emphasised in the Essential Guide to Criminal Law Bundle. Tailored for those seeking a comprehensive overview in New South Wales through four practical modules with interactive activities and downloadable resources.
SINGLE COURSE
Misleading and deceptive conduct: step-by-step guide
In this course, you will step into the shoes of an entry-level lawyer practicing in consumer law, navigating a client file involving a misleading and deceptive conduct matter, while exploring how consumer law fosters market integrity by prohibiting unethical practices and ensuring fair competition.
In this course, you will step into the shoes of an entry-level lawyer practicing in consumer law, navigating a client file involving a misleading and deceptive conduct matter, while exploring how consumer law fosters market integrity by prohibiting unethical practices and ensuring fair competition.
LIVE COURSE
Powers of attorney in practice (NSW)
10 December 2024, 9.00am to 11.15am AEDT. In this live webinar, you will be guided through critical information to understand the process, complexities, associated risks and dispute resolution methods when dealing with this substitute decision making instrument.
10 December 2024, 9.00am to 11.15am AEDT. In this live webinar, you will be guided through critical information to understand the process, complexities, associated risks and dispute resolution methods when dealing with this substitute decision making instrument.
SINGLE COURSE
Rules of Evidence: Practice guide
Understanding the law of evidence is key to constructing a robust case for your client.
In a criminal proceeding, the rules of evidence govern what is admissible or inadmissible in a trial and the procedures that must be followed in obtaining evidence
Understanding the law of evidence is key to constructing a robust case for your client.
In a criminal proceeding, the rules of evidence govern what is admissible or inadmissible in a trial and the procedures that must be followed in obtaining evidence
Boost your confidence and establish a strong foundation of knowledge with our comprehensive step-by-step guide on family law matters. The four modules will guide you to provide expert family law advice to your clients.
Boost your confidence and establish a strong foundation of knowledge with our comprehensive step-by-step guide on family law matters. The four modules will guide you to provide expert family law advice to your clients.
By focusing on the resolution of financial issues, including property settlement and spouse maintenance, this course will help you better support your clients during this difficult process. It will guide you through the steps in making an initiating application for financial orders in the Federal Circuit and Family Court of Australia (FCFCOA).
By focusing on the resolution of financial issues, including property settlement and spouse maintenance, this course will help you better support your clients during this difficult process. It will guide you through the steps in making an initiating application for financial orders in the Federal Circuit and Family Court of Australia (FCFCOA).
Stay ahead of current privacy laws and proposed changes. This course equips legal professionals with essential insights and practical steps for compliance. Join us to master the evolving legal landscape.
Stay ahead of current privacy laws and proposed changes. This course equips legal professionals with essential insights and practical steps for compliance. Join us to master the evolving legal landscape.
11 and 12 March 2025, 9am – 12.30pm AEDT. This essential webinar will help you acquire knowledge on the contract, risk and recent developments in buying and selling real property in NSW. Facilitated by Katelin Whiteley, Accredited Specialist in Property Law.
11 and 12 March 2025, 9am – 12.30pm AEDT. This essential webinar will help you acquire knowledge on the contract, risk and recent developments in buying and selling real property in NSW. Facilitated by Katelin Whiteley, Accredited Specialist in Property Law.
LIVE COURSE
Mandatory CPD Bundle
20 February 2025, 1.30pm – 5.00pm (AEDT). Join this 3-hour live webinar to tick off all your CPD mandatory requirements with expert facilitators. Refresh your knowledge about business development; avoid the easy ethical blunders; and learn about practical and effective time management and drafting tips to stay on top of your emails.
20 February 2025, 1.30pm – 5.00pm (AEDT). Join this 3-hour live webinar to tick off all your CPD mandatory requirements with expert facilitators. Refresh your knowledge about business development; avoid the easy ethical blunders; and learn about practical and effective time management and drafting tips to stay on top of your emails.
SINGLE COURSE
Termination of employment - skills series
Explore the legal, procedural, and protective aspects of employment termination to handle disputes with confidence and clarity.
Explore the legal, procedural, and protective aspects of employment termination to handle disputes with confidence and clarity.
FREQUENTLY ASKED QUESTIONS
With our online on-demand interactive courses, you can learn when and where it suits you. We’ve designed each course to provide both education and enjoyment.
Each course offers a mix of engaging exercises, where you’ll gain access to:
- Interactive activities to challenge your understanding and put your knowledge to the test. You’ll also enjoy engaging exercises, such as flip cards, quizzes and drafting activities.
- Clearly identified outcomes so you know precisely what you’ll learn – and the skills you’ll gain. You’ll also be able to track your development and focus on key improvement areas.
- Extended course access so you can reference the material as you need – or revisit it should life get in the way.
- Feedback and template answers so you can refine your skills, grow your knowledge and gain fresh insights.
Access each module on the College’s learning portal. When you buy a single, you’ll have 24/7 unlimited access for 12-months from the date of purchase.
Does this educational activity extend your knowledge and skills in areas that are relevant to your practice needs or professional development?
If so, and you’re not a WA practitioner, you should claim 1 unit for each hour of participation, not including breaks.
Please check your local CPD rules for any caps on activity types, such as the private study of non-interactive audio/visual materials. You are responsible for keeping your own CPD records and complying with your local CPD rules.
No. Western Australian practitioners who complete our on-demand courses are currently unable to claim CPD points.
However, you may earn CPD points by attending select live CPD events or by completing select CPD Interactive modules.
Yes, if your organisation has multiple employees looking to enrol in any of the College of Law’s courses, please contact us to discuss the corporate rates available.
A digital subscription is our most popular option for firms, with pricing designed to accommodate teams of various sizes:
- For teams of 2 to 5 users, total cost: $1,399 per year. Enjoy savings of $1,096 using code FLEX5 when purchasing at the checkout
- For teams of 6 to 10 users, total cost: $1,799 per year. Unlock savings of $3,191 using code FLEX10 when purchasing at the checkout
- For teams of 10 or more users, please contact us directly for personalised pricing tailored to your organisation's needs
You can also learn more here.
Yes, you can keep track of your completion of our online courses and modules via the grades tab within the relevant courses in our learning management system.
