What is required when maintaining a journal of a client's property?

Maintaining a journal of a client's property requires that all items are documented accurately and regularly. This practice is essential for ensuring transparency and accountability in the management of client property. Accurate records help protect both the attorney and the client by providing a clear account of what is held, preventing mishandling or misrepresentation of the property.

Regular updates to the journal ensure that it reflects the current state of the client's property, which is critical for tracking any changes over time. This diligence not only upholds the attorney’s ethical obligations but also supports the client's interests by providing them with reliable information about their assets.

While it might be tempting to overlook smaller items or to provide a verbal list, these practices could lead to incomplete records that do not offer a full picture of the client's property. Ignoring small items can be detrimental as it may result in disputes or claims of mismanagement later. Similarly, while providing the journal to the client upon request is good practice, it is not sufficient on its own without the foundational requirement of comprehensive and regular documentation of all items.