|Oregon State Bar Bulletin MAY 2010|
Abandoned Client Funds to Benefit Legal Services to the Poor
Effective Jan. 1, unclaimed funds held in lawyer trust accounts must be reported to the state lands department, but paid over to the Oregon State Bar with a copy of the department’s report. Funds deemed abandoned as of June 30 of each year are to be reported to the state during October of that same year, although earlier reporting may be allowed upon written request.
Pursuant to ORS 98.332, funds held by a fiduciary are deemed abandoned if the owner has not accepted payment of the funds, corresponded in writing about the funds or otherwise indicated interest in the funds within two years after the funds are payable or distributable to the owner.
The money paid to the bar under the act will be appropriated to the OSB for the provision of legal services to the poor under the Legal Services Program. Questions about forwarding abandoned funds can be addressed to Judith Baker at (503) 431-6326 or firstname.lastname@example.org
Access to Justice Credits
Not Too Early to Start Thinking About OSB Annual Awards
The deadline for nominations is 5 p.m., Friday, July 23.
The 2010 awards dinner will be held Thursday, Dec. 2 at the Governor Hotel in Portland.
Nomination criteria, forms and other information can be found at www.osbar.org.
For additional information, contact Kay Pulju at (503) 620-0222, ext. 402, toll-free in Oregon at (800) 452-8260, ext. 402, or e-mail, email@example.com.
OWLs 2010 Workplace Leader Award Nominations Due June 1
The award recognizes a legal employer making innovative and effective efforts to promote a healthy balance between work and life, acquiring and maintaining a diverse workforce with diverse leadership, or maximizing opportunities for women and minorities to succeed in the workplace and advance to positions of influence and leadership.
The award will recognize a specific program, policy or project that is successfully addressing one or more of the concerns above. Applications are encouraged from in-house legal departments, government employers and employers who are making strides in recruiting and retaining ethnic minority lawyers and equipping them for leadership.
In 2009, the award was presented to Knowledge Learning Corporation’s legal department in Portland for accommodating part-time and flexible schedules, engaging in a thoughtful and collaborative process that addresses both the needs of KLC and the needs of each employee and supporting and encouraging educational advancement.
New Website Informs About
Wealth Law Blog Unveiled
The WealthLawBlog.com contains articles authored by the firm’s attorneys on estate tax reform, the springing power of attorney, family settlements versus litigation and other topics. Readers can subscribe to the blog via e-mail or add it to their feeds. Readers are encouraged to comment, question and participate in online conversations. The blog is free, and contact information is not shared with anyone. A sign-up option appears in the left-hand column of the blog’s homepage at WealthLawBlog.com