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New York Governor Provokes Ire Of Biglaw

BigLaw Slams Hochul Plan To Divert Client Trust Interest Cash

A long list of BigLaw attorneys, firm leaders and legal groups have urged New York Gov. Kathy Hochul to reconsider her plan to divert $100 million in interest earned on lawyer trust accounts that typically goes toward legal aid for low-income New Yorkers, calling the move "misguided" and cautioning that it could create "an existential threat" to civil legal services.

City Bar challenges proposed $100 million IOLA Fund diversion

City Bar challenges proposed $100 million IOLA Fund diversion
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