Supreme Court Broadens Scope Of Rule Protecting Clients

Saturday, August 31, 2013

A fund that all Tennessee attorneys financially support will now offer even more protection to those clients that may have suffered a financial loss as a result of the dishonest acts of any member of the profession.

“This fund is now supported entirely by Tennessee lawyers – all willing to take responsibility for the actions of the unscrupulous few,” said Supreme Court Chief Justice Gary Wade.

“Fortunately, the number of claims has been few over the years and, in consequence, the fund has grown substantially.”

The Lawyers’ Fund for Client Protection was established more than three decades ago under Supreme Court Rule 25 to reimburse clients for financial losses caused by acts of conversion or theft during the attorney-client relationship. It is supported exclusively by annual fees paid by each licensed Tennessee attorney.

Based on the solid financial standing of the fund, Executive Director Judy Bond-McKissack and the fund’s governing board recommended changes in the rule designed to afford greater protections to the general public. The Supreme Court endorsed their proposal.

“The protection of client interests is an essential element in any system of lawyer regulation,” the Court order states.

The revision to the rule extends the definition of “lawyer” to include all attorneys who practice in Tennessee, regardless of the state granting licensure. Previously, the rule addressed only those attorneys licensed by the State of Tennessee.

Another significant change is to extend from one to three years the amount of time for a client to make a claim for reimbursement. The fund’s governing board pointed out that the small number of valid claims against individuals within the profession has made this extension possible.

The amendments, which are the first changes to the rule since 2009, will go into effect onOctober 1, 2013. Board members of the Lawyers’ Fund for Client Protection are appointed by the Supreme Court and serve without compensation.

Read the text of the new Supreme Court Rule 25 here.


First Tennessee March Of Service Promotes Volunteerism

Continuing a tradition launched following the celebration of its 150th anniversary in 2014, First Tennessee is once again promoting “March of Service” projects to benefit local nonprofits. The annual volunteer effort is a call to action for First Tennessee workers to invest in their communities. Each March the company’s 4,300 employees pitch in to participate in service projects ... (click for more)

Georgia’s Unemployment Rate Declines To 5.3 Percent In February, As State Sets Records For Employment And Labor Force

The Georgia Department of Labor announced Thursday that the state’s seasonally-adjusted unemployment rate decreased to 5.3 percent in February, down two-tenths of a percentage point from 5.5 percent in January. In February 2016, the unemployment rate was also 5.5 percent. “Our unemployment rate fell as Georgia set new record highs for the number of people employed and for the ... (click for more)

Pet Dog Dies In Trailer Fire Near Signal Mountain Road

A pet dog died in a trailer fire off Signal Mountain Road on Wednesday night.   Chattanooga firefighters responded to a structure fire around  9:30 p.m.  in a mobile home park at 174 Bledsoe Terrace. The woman who lived there told Battalion Chief Carlos Hampton that she had just left for work when the fire was discovered. The firefighters got the ... (click for more)

Fingerprint Evidence Leads To Arrest Of Antonio Patton Is Armed Robbery Of Store On Bonny Oaks Drive

Fingerprint evidence has led to the arrest of Antonio Preze Patton for the robbery of a store on Bonny Oaks Drive last Dec. 2. Patton, 27, of 2829 5th Ave., is charged with aggravated robbery. Police were notified of the late-night holdup at the Mystik Mart. The clerk said two black males entered the store with their heads covered with hoodies. They appeared to be looking ... (click for more)

Repeal Obamacare, Congressman Fleischmann - And Response

Chuck: I'm writing to express my strong opposition to the plan that is being rolled out by Paul Ryan to replace Obamacare. And as I'm writing this, I'm remembering all the times you and all of your Republican colleagues over the last six years campaigned on REPEALING  Obamacare and used that call to action as the basis for your reelection. And I'm also remembering the ... (click for more)

Roy Exum: You, The Bald-Headed Lady

You were wearing a pretty sweat shirt and blue jeans when I saw you outside the Infusion Center at Erlanger Hospital on Wednesday. You were the one who was nearly bald and I was the guy you greeted with a huge smile as we said hello in passing. You reminded me exactly of my brother Franklin. Years ago when chemotherapy began to rob him of his hair, Franklin was pretty devastated ... (click for more)