Do you want to learn more about the unidentified funds requirement in less than five minutes? How about a three-minute primer on IOLTA? Thanks to the Illinois State Bar Association, both of these topics are addressed in short videos produced … Read more »
The board of directors of the Lawyers Trust Found has awarded $8,692,000 in legal aid grants for FY 2016. The grant total includes $7,787,500 in Legal Services Support Grants to 16 non-profit legal aid organizations in Illinois. Seven of those … Read more »
The directors of the Lawyers Trust Fund of Illinois have announced a five-year honorary summer internship in recognition of Ruth Ann Schmitt, who is retiring as LTF executive director after 32 years of service. A grant award of $30,000 from … Read more »
On April 7 the Illinois Supreme Court announced changes to Rule of Professional Conduct 1.15 concerning how lawyers and law firms should handle unidentified funds accumulated in their IOLTA accounts. The amended rule directs lawyers who discover unidentified funds to … Read more »
Ruth Ann Schmitt, the longtime executive director of the Lawyers Trust Fund (LTF), has announced her retirement effective June 30, 2015. LTF’s board of directors has selected LTF Deputy Director Mark Marquardt as her successor.
Beginning in 1981, Schmitt worked … Read more »