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Home / Editors' Picks / Proposal could remove bar to mandatory IOLTA (access required)

Proposal could remove bar to mandatory IOLTA (access required)

Once again, advocates for legal aid offices are hoping that a Virginia ban on mandatory use of interest on lawyers’ trust accounts might be rescinded. Legislation to remove the ban was introduced Jan. 7 at the General Assembly. If approved, the measure would repeal a statute that ties the hands of the Supreme Court on mandatory ...