Credit: iLee/Adobe Stock IOLTA Rule Changes Needed in Connecticut
Unclaimed money should not be kept in a lawyer's IOLTA account when It could be put to better uses, including legal aid
March 20, 2024 at 01:47 PM
2 minute read
CommentaryIn the recent decision of the Office of Chief Disciplinary Counsel v. Enrico Vaccaro, a lawyer was allowed to carry a balance of $226,121.93 in his IOLTA account without any identified or known client. That $226,121.96 balance was held since before 2017.
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