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What is the maximum amount of cash that a law firm can receive?

April 26, 2017cash law firm maximum

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What is the maximum amount of cash that a law firm can receive?

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A law firm can receive no more than $7,500 cash for one client matter or transaction. There are certain exceptions which include funds received from a financial institution or public body, from a law enforcement agency, pursuant to a court order, for the payment of fines/penalties or for legal fees, disbursements or bail.