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Attorneys are the fiduciaries of these funds, and trust account mismanagement is one of the most frequent causes of disciplinary action by relevant authorities. See e.g., In re Dias, 201 N.J. 8 ...
Money in an attorney trust fund is designated for your client only. You may not under any circumstances pay for any operating expenses out of the account, even if they’re considered earned funds.
News Trust Account Missteps 'Disproportionately' Lead to Discipline for Pa. Attorneys 6 minute read March 30, 2023 ...
Apr. 22—The Missouri Supreme Court has ordered the license of an attorney with offices in Joplin and Neosho suspended for at least three years after she mismanaged client fees and trust accounts ...
Funds maintained by Iowa’s courts are dispersed throughout the state, for various purposes and amounts. Courtesy: AP On June ...
Nov 15 - The State Bar of California is weighing rule changes affecting how attorneys manage their client trust accounts in the wake of allegations against prominent plaintiffs lawyer Tom Girardi.
Instead, Green misused his attorney trust account to allow Selgas to hide money from the IRS, as demonstrated by the fact that Green used the money to pay Selgas' personal expenses and credit ...
On June 9, 2024, the Interest on Lawyers’ Trust Account (IOLTA) program granted $1,177,030 in grants to nonprofit programs throughout Iowa. Locally, Muscatine Legal Services received $25,000.
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