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July 20, 2010
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NJ Lawyers' Fund For Client Protection

During the fourth quarter of 2006, the New Jersey Lawyers' Fund for Client Protection, funded by the state's lawyers and judges, awarded $1,179,686.13 to clients for losses caused by 23 lawyers, the Board of Trustees announced today.

The Fund's purpose is to pay on behalf of the honest majority of lawyers for the wrongdoing of the few who are suspended or disbarred for misappropriation. The Fund was created by the New Jersey State Bar Association in 1961, with voluntary contributions from practicing lawyers as a commitment to high standards in the profession. In 1969, the Supreme Court established an annual attorney assessment that now generates about $2.75 million for the Fund each year.

In its 37-year history, the Fund has paid claims against 593 attorneys, approximately three-quarters of one percent of the 79,717 lawyers currently licensed in New Jersey.

Seven Trustees, five attorneys and two public members, administer the Fund serving staggered 5-year terms without compensation. They are appointed by the Supreme Court to consider clients' claims and make awards when it is determined that the loss was caused by dishonest lawyer conduct, under Fund rules. Cases involving legal malpractice and negligence are handled through Civil Court actions and fee disputes through the District Fee Arbitration Committees established by the Supreme Court. Read more at judiciary.state.nj.us.

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Latest news about Lawyers St louis.com cases in St Louis and nationwide:

New Campaign Ethics Training Dates Announced
The Judicial Campaign Ethics Center (JCEC) of the Unified Court System will hold campaign ethics training sessions for candidates in the 2007 judic...
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Chief Justice Tells Lawmakers Court System Is Under “Great Strain”
Chief Justice John T. Broderick Jr., addressing a joint session of House and Senate lawmakers, said today that judges, marital masters and court st...
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Libel Law In The United States
Libel is a legal term that describes a written form of defamation, which the dictionary defines as a "false or unjustified injury to someone's good...
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Trial Terms

 


Today's Terms

Discovery

Definition:
A legal process by which lawyers are entitled to find out information from their adversary in a pending case.

Offense

Definition:
Conduct for which a person may be sentenced to a fine or jail. This is a very broad term and includes felonies, misdemeanors, violations and infractions.

Return

Definition:
The act of a sheriff, constable, or other ministerial officer, in delivering back to the court a writ, notice, or other paper, which he was required to serve or execute, with a brief account of his doings.

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