Virginia Bar president considers attorney trust audits
Headline Legal News
The president of the Virginia State Bar is proposing random audits of lawyer trust accounts.
Lawyers use trust accounts to temporarily hold real estate proceeds or retainers until they are disbursed to a third party or -- once a fee is earned -- to the lawyer.
It is a severe violation of professional conduct for a lawyer to mingle trust account money with personal funds or operating money.
But it does happen.
According to the state bar, a Virginia Beach attorney had his license revoked after he wrote 72 checks that he couldn't cover from 2002 to 2005. The checks totaled $3.3 million.
Bar president and Norfolk lawyer Howard Martin Junior says will make the audit proposal to the bar's executive committee next month. The American Bar Association recommends that every state conduct random audits to protect the public.
Related listings
-
Japan’s trade minister fails to win US assurances on tariff exemptions
Headline Legal News 03/12/2025Japan’s trade minister said this week that he has failed to win assurances from U.S. officials that the key U.S. ally will be exempt from tariffs, some of which take effect on Wednesday.Yoji Muto was in Washington for last ditch negotiations ov...
-
Israel’s high court orders the army to draft ultra-Orthodox men
Headline Legal News 06/26/2024Israel’s Supreme Court on Tuesday ruled unanimously that the military must begin drafting ultra-Orthodox men for compulsory service, a landmark decision that could lead to the collapse of Prime Minister Benjamin Netanyahu’s governing coal...
-
Justin Timberlake charged with driving while intoxicated in the Hamptons
Headline Legal News 06/19/2024Pop star Justin Timberlake was charged early Tuesday with drunken driving in a village in New York’s Hamptons, after police said he ran a stop sign and veered out of his lane in the posh seaside summer retreat.The boy band singer-turned-solo st...
New Rochelle, New York Personal Injury Lawyers
If you or a loved one has been injured in an accident, contact Kommer, Bave & Ollman, LLP, in New Rochelle, New York, immediately. We can answer all your questions and work with you to determine if you have the grounds for a personal injury lawsuit. The attorneys at our firm are determined to resolve even the most difficult of cases. We will work closely with you to determine the best course of action to get your claim or case resolved in the most efficient way possible. We will fight for your right to compensation! No one should have to suffer a financial burden from the result of another person’s carelessness. The attorneys at Kommer, Bave & Ollman, LLP will aggressively fight to ensure that justice is served on your behalf.