In 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 ...

Additionally, class plaintiffs point to an alleged conflict the bank's actions pose regarding Interest on Lawyers' Trust Accounts, or IOLTA, where those settlement funds are supposed to be deposited.

A federal judge has ordered Todd and Julie Chrisley to turn over nearly $30,000 that was in a trust fund in Alabama. The court had filed a Writ of Garnishment in January demanding the funds to help ...

Public policy towards solicitors holding client money is all over the place, divided crudely between those who want client ...

On April 10, the Attorney Disciplinary Board for the State of Michigan imposed a public reprimand on Mr. Imami conditioned upon successful completion of the State Bar of Michigan’s “Lawyer Trust ...

business briefsNorthfield Savings Bank has raised its IOLTA interest rates to 2.50 percent for accounts with a balance greater than $10,000. This increase more than double Northfield's previous rate ...

It’s the dog days of August. The Orioles are in first place. Training camps for the Ravens and the Commanders are in full swing. Many lawyers and court staff are on vacation. The press of litigation ...