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February 27, 2010
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NJ Lawyers' Fund For Client Protection

During the fourth quarter of 2006, the New Jersey Lawyers' Fund for Client Protection, funded by the state's lawyers and judges, awarded $1,179,686.13 to clients for losses caused by 23 lawyers, the Board of Trustees announced today.

The Fund's purpose is to pay on behalf of the honest majority of lawyers for the wrongdoing of the few who are suspended or disbarred for misappropriation. The Fund was created by the New Jersey State Bar Association in 1961, with voluntary contributions from practicing lawyers as a commitment to high standards in the profession. In 1969, the Supreme Court established an annual attorney assessment that now generates about $2.75 million for the Fund each year.

In its 37-year history, the Fund has paid claims against 593 attorneys, approximately three-quarters of one percent of the 79,717 lawyers currently licensed in New Jersey.

Seven Trustees, five attorneys and two public members, administer the Fund serving staggered 5-year terms without compensation. They are appointed by the Supreme Court to consider clients' claims and make awards when it is determined that the loss was caused by dishonest lawyer conduct, under Fund rules. Cases involving legal malpractice and negligence are handled through Civil Court actions and fee disputes through the District Fee Arbitration Committees established by the Supreme Court. Read more at judiciary.state.nj.us.

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Latest news about Lawyer Memphis.com cases in Memphis and nationwide:

New Campaign Ethics Training Dates Announced
The Judicial Campaign Ethics Center (JCEC) of the Unified Court System will hold campaign ethics training sessions for candidates in the 2007 judic...
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Investigator Sentenced To 27 Months For Wire Fraud Scheme Against High Profile Litigants
MICHAEL J. GARCIA, the United States Attorney for the Southern District of New York, announced today that MICHAEL LAIR, President of consumerdefens...
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Chief Justice Tells Lawmakers Court System Is Under “Great Strain”
Chief Justice John T. Broderick Jr., addressing a joint session of House and Senate lawmakers, said today that judges, marital masters and court st...
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Trial Terms

 


Today's Terms

Summons

Definition:
An appearance ticket requiring a defendant to appear before the court for arraignment on an underlying accusatory instrument

Venue

Definition:
"Venue" designates the particular county or city within which a court with jurisdiction may hear and determine the case

Lack of jurisdiction

Definition:
The phrase may mean lack of power to act in a particular manner or to give certain kinds of relief. It may consist of a court's total lack of power to act at all, or lack of power to act in particular cases because the parties have not complied with conditions essential to the exercise of jurisdiction.

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