MidSouth Bank has partnered with the Texas Access to Justice Foundation’s Prime Partner Bank program. As part of the program, MidSouth Bank will voluntarily pay higher interest rates for Interest on Lawyers’ Trust Accounts, or IOLTA.
“Many Texans face serious legal issues, such as escaping situations of domestic violence or avoiding foreclosure, and simply do not have the resources to hire an attorney,” said Richard L. Tate, chair of the Texas Access to Justice Foundation Board of Directors, in a press release. “By paying higher interest rates on IOLTA accounts, MidSouth Bank is helping ensure that low-income Texans have access to lifesaving civil legal services.”
In March 2019, three Texas lawyers sued the State Bar of Texas claiming that under Janus v. AFSCME (2018), it is unconstitutional for an attorney to be required to join the State Bar of Texas in order to practice law. The plaintiffs also challenge bar programs that they claim exceed the bar’s “core regulatory functions.”
The Texas Opportunity & Justice Incubator, or TOJI, is accepting applications for its fifth cohort, which begins in July.
Chasing down non-paying clients is the bane of most lawyers’ existence. You may not be able to avoid ever having to deal with non-paying clients. However, if you take some intentional steps throughout your case, you can certainly reduce the incidence of non-payment.