M&T Bank and The Florida Bar renewed their agreement to provide the association's members with continued free access to the M&T Bank Nota platform, a cloud-based solution designed to help attorneys manage Interest on Trust Accounts (IOTA) more efficiently. The renewal ensures that attorneys can maintain access to a tool that supports compliance and audit readiness while reducing reliance on manual processes. Over 900 Florida Bar members have adopted Nota since the initial collaboration launched in June 2023.

The renewed partnership builds on the initial agreement announced three years ago, which introduced Nota as a member benefit to help attorneys navigate the complexities of trust accounting. The platform has evolved through close collaboration with Florida Bar members, resulting in enhancements designed to support daily practice management. Sean McCabe, Director of Business Banking Products at M&T Bank, stated that the collaboration reflects steady progress and practical improvements based on how attorneys actually manage their work.

Nota provides attorneys with greater visibility into account activity while supporting reconciliation and financial workflows within a single platform. By automating manual steps, the solution helps firms operate with increased confidence and efficiency. The renewed relationship comes as adoption of digital tools increases across the legal sector, particularly among solo practitioners and small firms that face pressure to manage trust accounts in line with regulatory requirements.

Platform Enhancements

M&T Bank introduced several updates to Nota since the initial launch, informed by ongoing feedback from attorneys. These improvements focus on reducing manual steps and expanding the platform's capabilities.

Rosalyn Sia Baker-Barnes, President of The Florida Bar, noted that members are looking for practical solutions to manage complex responsibilities with greater ease. She affirmed that Nota has become a valuable resource and the renewed relationship ensures continued access to the tool. Nota remains available to The Florida Bar's members as part of its Member Benefits Program, with M&T Nota waiving the $25 per month monthly maintenance fee for active members.