There are less than two weeks remaining to submit your annual trust account certification. The system is completely new this year so the process works differently than before. Everyone who purchases an occupational license still has to submit a certification whether you have an IOLTA account or not, whether you are in the private practice of law or work for a company or other organization that is not a law firm. If you have not yet ... View More >>
It is that time of year again. You may think I am talking about football season, but I am talking about trust account certification. Bar members will now submit trust account certifications September 1 through October 31 instead of in the spring. We made that change to make it easier to remember since you also pay bar dues in September.
There is another change to the certification process. Each bar member who has an occupational license ... View More >>
After six years the foundation is making some changes to trust account certification. From now on Alabama State Bar members will complete their trust account certifications from September 1 – October 31 each year, the same time they pay bar dues. Certification will no longer include entering account information. That is a separate step. One reason we made this change is so that account information does not have to be entered every year if it ... View More >>
In-state bar members who purchased an occupational license are usually required to submit trust account certifications between May 1 – June 30 every year. This year we are changing the certification period to September 1-October 31. Members renew their memberships during this period and we thought it would be easier to take care of everything at the same time of year.
The Alabama Law Foundation recently bought new software to track IOLTA accounts and interest. As ... View More >>
It’s been a rainy, dreary Monday in Montgomery but I just got a call that made it brighter. Jerit Owens, one of our Kids’ Chance Scholarship recipients for 2011, 2012 and 2013 called to ask about applying for 2014. Jerit has finished his associates degree in nursing and is now working on his bachelor’s degree. He’s also working so is quite busy between his studies and his job.
Jerit’s dad injured his back on the job ... View More >>
If you have not already paid your 2014 Client Security Fund annual assessment you may not have noticed that there is an addition to this year’s statement. Normally the Client Security Fund has nothing to do with the Alabama Law Foundation. They are two completely different things. The Alabama Law Foundation makes grants to groups that provide free civil legal aid to the poor as well awarding the Kids’ Chance and Justice Janie Shores scholarships. ... View More >>
Every year the Alabama Law Foundation announces its yearly IOLTA (Interest on Lawyer’s Trust Accounts) grants to programs committed to the foundation’s mission of making access to justice a reality for all of Alabama’s citizens. However, the foundation is facing a serious shortage of grant income.
IOLTA, the main source of funding, is determined by interest rates. The sixth year of record low rates on IOLTA have resulted in dramatic cuts in the 2014 grants. The ... View More >>
What an exciting weekend of football. The Auburn-Alabama game may be over but the ALF football challenge still has five more days to go. As of today Orange & Blue is leading Crimson & White $8,950 to $7,321. That can change quickly so join these folks who have already supported their side.
If you were pulling for the winning team Saturday you can help your team win twice. If your team didn’t win Saturday’s game ... View More >>
Each December the Alabama Law Foundation awards grants for law-related charitable purposes. Until just two or three years ago the Interest on Lawyers Trust Accounts (IOLTA) program generated all grant funds. However, we are beginning the sixth year of record low interest rates so IOLTA revenue is one-third as much as it was in 2008. That means that for 2014 the foundation could potentially have only $381,000 to give to grantees, down from $500,000 for ... View More >>
For the past several years the American Bar Association Standing Committee on Pro Bono and Public Service has sponsored a National Pro Bono Celebration each October. This year it is October 21 – October 25. Pro bono lawyers are a crucial part of providing access to justice to low-income residents of Alabama who can’t afford to pay legal fees. The ABA’s goals for the National Pro Bono Celebration are listed below:
1. Recruiting more pro bono ... View More >>