A recent minor language change to the professional ethics rule defining “eligible institution” for lawyers depositing client trust funds is having a major impact on funding for the state’s legal services organizations.
Connecticut Bar Foundation officials last week said they expect a 30 percent increase over 2006 in fees generated from the state’s Interest on Lawyer Trust Accounts program. The increase will likely result in additional staffing and project initiatives for Connecticut’s legal aid groups.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
