Which rule governs issues related to client trust accounts?

The correct answer pertains to Rule 1.15, which specifically governs the handling of client trust accounts. This rule establishes the standards for maintaining client property, particularly in the context of funds held in trust for clients. It obligates attorneys to keep these funds separate from their own, ensuring that clients' money is protected and only used for the intended purposes. Rule 1.15 outlines the responsibilities of lawyers in managing these accounts, including proper record-keeping and addressing situations such as advance fees and pooled accounts.

Understanding the importance of Rule 1.15 is crucial for attorneys as it ensures compliance with ethical obligations regarding fiduciary responsibilities towards clients. This rule prevents the commingling of client and attorney funds, promoting transparency and trust in the attorney-client relationship.

In contrast, the other choices address different areas of professional conduct. Rule 1.9 deals with conflicts of interest involving former clients, Rule 3.2 pertains to expediting litigation, and Rule 5.4 governs the professional independence of a lawyer in relation to non-lawyers. Each of these rules is essential in its own context, but only Rule 1.15 directly addresses the management and safeguarding of client trust accounts.