Random thoughts --
1. Overdrafts. Theoretically, of course, they should not appear. But money transfers might be delayed. So watch for ODs and see if there is any hint of a problem.
2. Related to overdrafts, see if any checks drawn on the account have been returned, and if so, whether any required notice was given to the agency or organization overseeing IOLTA accounts. Some IOLTA rules require that a report be filed for bounced checks.
3. Verify that interest credited to the account has been re-directed to the appropriate recipient to ensure the law firm isn't benefiting from it.
John S Burnett