Court Expands Payments to Client Protection Fund - Articles

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Posted by: Stacey Shrader Joslin on Sep 3, 2013

The Tennessee Supreme Court late Friday adopted an order requiring all attorneys who practice in the state – regardless of the state in which they are licensed – to pay into the Lawyers’ Fund for Client Protection. The fund, which was established three decades ago, reimburses individuals for financial losses suffered after entering into an attorney-client relationship. Previously, the rule applied only to those licensed by Tennessee. Also of note, the order extends from one to three years the amount of time a client has to make a claim. The court reports that these changes will go into effect Oct. 1. Read more from the AOC.