For how long must client trust account records be retained in California?

The requirement for retaining client trust account records in California is established by the State Bar's regulations. Attorneys are required to keep these records for a period of five years after the completion of the matter for which the trust funds were held. This retention period ensures that attorneys have sufficient documentation available in case of an audit or if disputes arise regarding the management of client funds.

Keeping records for five years balances the need for accountability and transparency with practical considerations for attorneys. It allows a reasonable timeframe for clients or relevant authorities to address any concerns regarding the handling of trust funds after the lawyer's services have concluded.

Choosing five years as the retention period reflects sound policy, as it supports the interest of protecting client funds while providing a structured system for attorneys to manage their documentation responsibilities.