Wednesday, December 9, 2009

D.C. considers IOLTA program

The Blog of Legal Times is reporting that the District of Columbia Bar is looking to join the more than 40 state bars around the country that have made participation in a trust program mandatory. Proposed changes to the D.C. Rules of Professional Conduct governing interest on lawyers' trust accounts, or IOLTA, are under review at the D.C. Court of Appeals. Click here for a copy of the D.C. Bar’s proposal, submitted to the court in September. More on the story here.

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