Reconcile the trust ledger to the bank and the matter files
Key facts
- Human involvement
- RedLawyer-led
- How AI is used
- Compare the trust ledger, the bank statement and the matter authorities and list unmatched items, timing differences and missing authorities.
- What the lawyer must review
- Have an authorised principal verify every unmatched item against source documents
- Have a principal, not the tool, sign the monthly reconciliation
Open a jurisdiction version of this task to see which instruments apply.
Who does what
| Role | What they do |
|---|---|
| Assistance | Supporting preparation only. Potential support includes organising research leads and identifying points for review. Confirm the tool’s capability and permitted scope. Substantive advice, judgement and any restricted content remain with the responsible human. |
| Lawyer | Perform the substantive analysis and decisions. Independently check any permitted supporting work and approve the exact output for its intended use. |
Checklist
- Trace every relied-on figure to its source, confirm dates and assumptions, and independently recalculate totals or derived amounts.
- Confirm the output against the client’s instructions and the complete relevant source material, including omissions or contradictions.
- Resolve exceptions and record the responsible lawyer’s approval of the exact output and intended use.