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Dodd-Frank deposit insurance provision which insures unlimited lawyer IOTA funds will expire on 12/31/12 unless renewed by Congress and funds will then qualify only as pass-through fiduciary funds up to $250,000.00 per client

Hello everyone and welcome to this Ethics Alert blog which will discuss the scheduled expiration of the Dodd-Frank Deposit Insurance Provision on December 31, 2012 which would remove the unlimited deposit insurance coverage for Interest on Lawyer Trust Accounts (IOLTAs- called IOTA trust accounts in Florida) to fiduciary account coverage of $250,000.00 per client ledger Read More

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Louisiana Disciplinary Board recommends 2 year suspension for lawyer who,inter alia, charged excessive fees to a diminished capacity client for non-legal tasks             Hello and welcome to this Ethics Alert blog which will discuss the recent recommendation of the Louisiana Attorney Disciplinary Board that a Louisiana lawyer be suspended for 2 years for charging an Read More

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