What purpose do reserve funds serve under Ohio law?

Reserve funds under Ohio law are specifically designed to cover anticipated future client claims. This means that attorneys or legal entities set aside these funds to ensure that they can meet potential obligations arising from future claims made by clients. It acts as a protective measure to maintain financial stability and ensure that clients have recourse in the event of claims against the legal services provided.

Setting aside reserve funds helps to manage risks associated with legal practices by providing a financial safety net, ensuring both the attorney's and clients' interests are safeguarded. This approach is crucial for maintaining the integrity of the legal profession and, ultimately, client trust.

Other options relate to legal costs, advertising, and education, but they do not directly align with the primary function of reserve funds as stipulated by Ohio law.