The cy pres rule earmarks unspent funds from class action settlements for legal aid organizations, including half to the Wisconsin Trust Account Foundation. But these residual funds can go unawarded if lawyers and judges don’t know about the rule.
The cy pres rule earmarks unspent funds from class action settlements for legal aid organizations, including half to the Wisconsin Trust Account Foundation. But these residual funds can go unawarded if lawyers and judges don’t know about the rule.
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A Wisconsin Trust Account Foundation study shows that the 12 civil legal aid providers who received 96% of legal aid funding in Wisconsin in 2021 had a combined economic impact of $176 million. That´s an 8.4-to-1 return on the money received by the