Why We Built This
Every attorney who handles client funds is required to reconcile their IOLTA trust account monthly. The penalty for failing to do so — even accidentally — can range from a bar reprimand to disbarment. The stakes are professional-career-ending. Yet the standard practice in solo and small-firm offices is still a spreadsheet on the last day of the month, or an Excel file handed to a bookkeeper who may not understand the three-way reconciliation requirement.
There was no dedicated software for this. Practice management platforms treat it as an afterthought. Accounting platforms don't know what the bar rules require. We built IOLTAWatch to close that gap: a focused tool that does the reconciliation automatically, alerts you when something is wrong, and produces a worksheet that meets the bar's documentation standard.
What We Believe
Attorneys shouldn't lose their license to a spreadsheet error
Trust account violations are almost always accidental. Automation eliminates the human error that causes them.
The tool should be invisible when everything is fine
You shouldn't have to think about IOLTAWatch. If we're doing our job, you simply don't get a bar complaint.
Read-only means read-only
We connect to your bank via Plaid in read-only mode. IOLTAWatch can never initiate a transaction on your behalf. Period.
Your data is yours
We don't sell it, license it, or use it to train models. You can export everything and cancel anytime.
The Company
IOLTAWatch is a product of Verona Strategic LLC, a Florida limited liability company. We build focused software tools for professional services firms. We're based in Boca Raton, FL.
We're a small team. When you email support, you're talking to the people who built the product.
Built Around Florida's Rules — Works Everywhere
IOLTAWatch was built with Florida Bar Rule 5-1.2 as its reference standard — one of the most detailed trust account reconciliation rules in the country. Because Florida's requirements are comprehensive, the reconciliation worksheet it generates satisfies the substantive requirements of the three-way reconciliation standard common to all 50 states. Attorneys in other states should verify that the output format matches their specific bar's requirements.
Contact
Questions, feedback, or partnership inquiries: support@ioltawatch.com
Privacy matters: privacy@ioltawatch.com