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ICLEF gives $100,000 to Indiana Bar Foundation

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The Indiana Continuing Legal Education Forum’s governing board is giving $100,000 to the Indiana Bar Foundation, which is struggling financially because of low interest rates that have hit IOLTA accounts and created problems in funding pro bono and related programs statewide.

At the Indiana State Bar Association’s House of Delegates meeting this morning, ICLEF president Linda Meier announced the donation was approved by the board of directors on Thursday. She said the money is unrestricted, meaning it can be used on any of the IBF initiatives such as pro bono or civil education programs and services.

IBF’s executive director Chuck Dunlap thanked the ICLEF for its generosity, in light of the financial woes in the past year. IOLTA revenue is the primary funding source for the IBF.

“It’s no surprise what interest rates are these days and what that means to IOLTA, and that hurts,” he said, referring to the nation’s historically low rates.

An annual report submitted today at the House of Delegates meeting shows that IOLTA income in 2008 was approximately $3 million, but dropped by half to $1.5 million in 2009 and that for this past year it’s been $670,000.

That translates to a drastic reduction in what the state’s Pro Bono Districts can operate on, according to the report. Grants totaled $1.69 million last year and for 2010 they totaled $1.57 million. The 2011 requests initially were $1.41 million, but have been scaled back to about $1 million. However, only $427,000 is available to distribute from IOLTA revenues, the report shows.

Any shortfall must be addressed by the IOLTA reserve fund of $1.9 million, but the Indiana Supreme Court has set a guideline limiting use of the fund in any given year to 20 percent of the balance. The organization leadership met with Chief Justice Randall T. Shepard to request exceeding that amount so that 25 percent of the reserve balance could be used, providing for about $175,000 in additional funding. The Supreme Court approved the 25 percent request on a one-time basis. Even with this increase and the new ICLEF donation, the IBF would still face a shortfall but it would only be about $75,000 and that could be better covered by carry-over funding from some of the districts.

These funding issues come on the heels of action last year by the state’s highest court, which in October 2009 agreed to step in and offer $25,000 to the IBF’s Loan Repayment Assistance Program for Indiana (LRAP-IN), as well as creating a matching program for any money raised by the bar foundation up to $170,000.

The IBF expects that it will request reconsideration in July 2011 if interest rates improve, but the IBF does expect some “unavoidable reductions” in personnel because of the economic picture.
 

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  1. A traditional parade of attorneys? Really Evansville? Y'all need to get out more. When is the traditional parade of notaries? Nurses? Sanitation workers? Pole dancers? I gotta wonder, do throngs of admiring citizens gather to laud these marching servants of the constitution? "Show us your billing records!!!" Hoping some video gets posted. Ours is not a narcissistic profession by any chance, is it? Nah .....

  2. My previous comment not an aside at court. I agree with smith. Good call. Just thought posting here a bit on the if it bleeds it leads side. Most attorneys need to think of last lines of story above.

  3. Hello everyone I'm Gina and I'm here for the exact same thing you are. I have the wonderful joy of waking up every morning to my heart being pulled out and sheer terror of what DCS is going to Throw at me and my family today.Let me start from the !bebeginning.My daughter lost all rights to her 3beautiful children due to Severe mental issues she no longer lives in our state and has cut all ties.DCS led her to belive that once she done signed over her right the babies would be with their family. We have faught screamed begged and anything else we could possibly due I hired a lawyer five grand down the drain.You know all I want is my babies home.I've done everything they have even asked me to do.Now their saying I can't see my grandchildren cause I'M on a prescription for paipain.I have a very rare blood disease it causes cellulitis a form of blood poisoning to stay dormant in my tissues and nervous system it also causes a ,blood clotting disorder.even with the two blood thinners I'm on I still Continue to develop them them also.DCS knows about my illness and still they refuse to let me see my grandchildren. I Love and miss them so much Please can anyone help Us my grandchildren and I they should be worrying about what toy there going to play with but instead there worrying about if there ever coming home again.THANK YOU DCS FOR ALL YOU'VE DONE. ( And if anyone at all has any ideals or knows who can help. Please contact (765)960~5096.only serious callers

  4. He must be a Rethuglican, for if from the other side of the aisle such acts would be merely personal and thus not something that attaches to his professional life. AND ... gotta love this ... oh, and on top of talking dirty on the phone, he also, as an aside, guess we should mention, might be important, not sure, but .... "In addition to these allegations, Keaton was accused of failing to file an appeal after he collected advance payment from a client seeking to challenge a ruling that the client repay benefits because of unreported income." rimshot

  5. I am not a fan of some of the 8.4 discipline we have seen for private conduct-- but this was so egregious and abusive and had so many points of bad conduct relates to the law and the lawyer's status as a lawyer that it is clearly a proper and just disbarment. A truly despicable account of bad acts showing unfit character to practice law. I applaud the outcome.

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