Law firms & attorneys
Client funds, fully placed within limits.
How law firms protect operating cash, client trust balances and settlement proceeds above the FDIC limit with insured deposit placement and clear records.
Why cash is often under-protected
- Settlement proceeds can arrive in eight figures
- Trust balances fluctuate with matters
- Professional duty to safeguard client funds
The FDIC insures up to $250,000 per depositor, per bank, per ownership category. Everything above that at one bank is uninsured.
One account. 300+ insured institutions.
- Insured placement for settlement and escrow funds
- Records that support pass-through coverage by client
- One portal and consolidated statements
- No bank negotiations
Ampersand, Inc. is not a bank. Ampersand acts as administrator in placing deposits at FDIC- or NCUA-insured institutions; deposit insurance is provided by those institutions, subject to standard limits, aggregation rules and pass-through requirements. Eligibility of specific fund types depends on applicable law, governing documents and program terms. ‡ Program rates have averaged 5–9x the FDIC national average savings rate, as of 10/15/2026; averages are not a guarantee of any client’s rate. Rates vary and are not guaranteed. Not legal, tax or fiduciary advice.