Home / Uncategorized / IOLTA Web Poll

IOLTA Web Poll

In 1995, the General Assembly put an end to mandatory IOLTA for Virginia lawyers.

Sixteen years later, supporters of legal services for the poor, including the Virginia Bar Association, are launching a push to revive mandatory Interest on Lawyers’ Trust Accounts.

Two bills would repeal a statute that has allowed lawyers to decide whether their client trust accounts will bear interest, with that money going to legal aid.

Virginia Lawyers Weekly conducted a poll, asking our readers what they thought of the proposal to reestablish mandatory IOLTA in the commonwealth.

See how participants weighed in.

Leave a Reply