Saturday, March 29, 2014

Legal Ethics Forum: Proposed California bill would require advance fees to be deposited in the trust account

Amen. The proposed measure poses no significant burden, reassures clients, and motivates lawyers to get the work done.  An honest assessment of the ethical challenges of lawyers puts competence first, and procrastination second. - gwc
Legal Ethics Forum: Proposed California bill would require advance fees to be deposited in the trust account:
from the Legislative Counsel's digest of Assembly Bill 1515, introduced March 20, 2014

"This bill would additionally impose on an attorney the duty to deposit fees and expenses that have been paid in advance for legal services into a client trust account, which are to be withdrawn by the attorney only as fees are earned or expenses incurred. The bill would require the State Bar to adopt for approval by the Supreme Court any necessary amendments to its rules of  professional conduct to conform with this provision."

h/t John Steele

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