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Supreme Court Preserves IOLTA Legal Aid Funding

The Supreme Court of the United States has rescued Interest on Lawyers' Trust Accounts (IOLTA) programs from a vigorous constitutional attack, ruling 5'4 that states may pool clients' escrow funds in bank accounts and give the interest to legal aid programs.

13 minute read August 13, 2003 at 11:54 PM
By
Tony Mauro
Supreme Court Preserves IOLTA Legal Aid Funding

The Supreme Court of the United States has rescued Interest on Lawyers' Trust Accounts (IOLTA) programs from a vigorous constitutional attack, ruling 5'4 that states may pool clients' escrow funds in bank accounts and give the interest to legal aid programs.

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