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Since its inception, NYCLA has been at the forefront of most legal debates in the country. We have provided legal education for more than 40 years.
NYCLA is proud to have participated, with three other leading bar associations, in securing an historic settlement with the State of New York, to protect IOLA, Interest on Lawyers’ escrow Accounts, and preventing the State from invading those accounts for the general fisc. IOLA, created more than forty years ago, was designed to help fund civil legal representation for indigent persons in need of such service for things like foreclosure and eviction cases, custody and other cases in Family Court, consumer debt collection and other similar matters. Last year, for the first time, the State legislature appropriated $55 million from IOLA for its own purposes, rather than the purposes for which IOLA was created. In the settlement, Governor Hochul and State Comptroller Thomas DiNapoli agreed that the IOLA funds were “fiduciary funds,” protected from such seizures. We thank Hank Greenberg and his team at Greenberg Traurig for their outstanding leg work in securing this historic settlement. The other bar associations with which NYCLA worked are the New York State Bar Association, the New York City Bar Association and the Monroe County Bar Association.
About the New York County Lawyers Association
The New York County Lawyers Association (nycla.org) was founded in 1908 as one of the first major bar associations in the country that admitted members without regard to race, ethnicity, religion, or gender. Since its inception, it has pioneered some of the most far-reaching and tangible reforms in American jurisprudence and has continuously played an active role in legal developments and public policy.
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