The Lawyers Trust Fund of Illinois supports the provision of civil legal aid to low-income people in Illinois. Learn more »
Participation in IOLTA is both a professional responsibility and an opportunity to support the important work of legal aid programs throughout Illinois. Learn more about the trust account requirements under Rule of Professional Conduct 1.15 and what you need to do to establish and maintain your IOLTA account.
For Financial Institutions:
The Lawyers Trust Fund is grateful for the support of the more than 400 Illinois financial institutions that hold IOLTA accounts. LTF is ready to answer your questions and help your bank follow the requirements for establishing and maintaining IOLTA accounts. The current safe harbor IOLTA rate is 3.325%. Effective April 3, 2023, the new rate will be 3.5%.
Unlike those accused of crimes, people with civil legal problems are not guaranteed a lawyer. From the abused woman trying to find safety to the elderly couple facing eviction, legal aid is a lifeline for those who cannot afford an attorney. The Lawyers Trust Fund is proud to support the legal aid system in Illinois, providing funds to assist tens of thousands of low-income families each year.