More than 250 signatories from a cross-section of the legal profession – law firm leaders, managing partners, pro bono professionals, in-house counsel, bar association leaders, small and midsize law firm leaders, solo practitioners, and nonprofit and legal services lawyers – wrote to Hochul in recent days, calling for her to undo the proposed transfer of IOLA funds.
February 16, 2024 at 04:22 PM
3 minute read
Litigation Reporter
New York’s executive branch won’t divert $100 million from a fund that pays for low-income New Yorkers to receive civil legal services, apparently bending to pushback from a swath of the Empire State’s broader legal community, including Big Law.
In January, Gov. Kathy Hochul’s budget team proposed to transfer the amount from the New York Interest on Lawyers Account, and into the state’s general fund in fiscal 2025, which begins in April.
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New York Gov. Kathy Hochul. Photo: Ryland West/ALM
