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Home / News Stories / VSB's Reserve Grows To Over 37 Percent (access required)

VSB's Reserve Grows To Over 37 Percent (access required)

Seven years after the Virginia State Bar slashed lawyer dues and launched a spend-down to reduce a huge reserve, the reserve has skyrocketed back up to 37.58 percent of the VSB's operating budget. As of June 30, the bar had over $3.14 million in the bank. The money comes from the $250 annual dues paid ...