Article: Lack of IOLTA Funds Hurting Legal Aid Providers
Posted by OPI at 11:55 AM in Public Interest News
Interest on Lawyers Trust Accounts (IOLTA) programs were instituted by many states as a method of funding legal services providers. During a strong economy, these funds generated millions of dollars for local legal aid offices, but over the past year the downturn in the economy has severely depleted these funds. As a result, legal services providers have smaller budgets and fewer staff to meet the rising demand for legal assistance. This Daily Times Reader article examines the impact of a 90% cut in IOLTA funding for a Mississippi legal aid. (continued)
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