en.Wedoany.com Reported - M&T Bank announced a renewal of its agreement with The Florida Bar to continue providing members with free access to Nota, a cloud-based trust account interest management platform, while waiving the monthly $25 maintenance fee. The platform is designed to help attorneys more efficiently manage Interest on Trust Accounts (IOTA). This renewal builds on the initial partnership established in June 2023.
Since its launch as a member benefit in 2023, the Nota platform has evolved through close collaboration with members of The Florida Bar, with continuous feature enhancements to support attorneys' daily business management. The platform aims to address the complexity and precision required for trust account management, offering attorneys greater visibility into account activity while supporting reconciliation and financial workflows within a single platform. By reducing reliance on manual processes, the platform helps law firms improve operational confidence and efficiency. Sean McCabe, Director of Business Product at M&T Bank, stated that the partnership is characterized by steady progress and tangible improvements, reflecting how attorneys actually manage their work. As adoption grows, the platform's ability to support more efficient and accurate trust account management continues to increase.
The renewal reflects ongoing momentum, with Nota increasingly becoming part of attorneys' daily trust accounting management. Since the initiative launched, over 900 members of The Florida Bar have used Nota as a member benefit. Rosalyn Sia Baker-Barnes, President of The Florida Bar, noted that members are seeking practical solutions to help them manage complex responsibilities with greater ease and confidence. Nota has become a valuable resource in this regard, and this renewal ensures they can continue using a tool that supports their work. Since its initial launch, Nota's enhancements include: improved reconciliation workflows designed to reduce manual steps and support accuracy; expanded integrations with common legal and financial tools; improved user experience based on ongoing attorney feedback; and continued investment in features that support compliance and audit readiness.
The renewal comes as adoption of digital tools continues to rise in the legal industry, particularly among solo practitioners and small law firms. At launch, these firms represented a significant portion of Florida attorneys and faced growing pressure to efficiently manage trust accounts while meeting regulatory requirements. Nota remains available to members as part of The Florida Bar's member benefits program, with the monthly maintenance fee waiver applicable to current active members subject to membership verification, contingent on maintaining active membership status, and subject to change at any time.
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