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28 Va. B. News 1 (1979-1980)

handle is hein.barjournals/valaw0028 and id is 1 raw text is: Council votes for rule requiring minimum' trust account standards The Virginia State Bar Couicil, keep) if they are dealing with including a $50,000 contribution to violations, perhaps even to be- oin June 21, voted 25419 to seek clients' money. the Virginia State Bar Client Se- coming the moving p)arty, and it Virginia Supreme Court adoption Meeting in Virginia Beach at the curity Fund, and agreed to petition oppIosed yielding to state -agencies of a Rule placing certain mini. outset of the bar's 41st Annual the Virginia Supreme Court for a the right to determine their own mum requitemels on the financial Meetinm , the Council also adopted dues increase of $.00 per associate rules of practice, indicated favor records Virginia lawyers must i197.80 bar budget of $786,555, member and $10.00 per active member per year to hielp finance *See COUNCIL, page 6 the new budget. Effective January I The dlues increase, if apprnoved by the court, would be effective January 1, 1980. and would tie-in with another measure approved by the Council-a change in the dues billing period from the present A calerdar year basis to a fiscal year basis. TheJanuary 1, 1980, billing will be for. a six-month period inf order to effect the changeover. The Motion to adopt thle new budget and billing period a( to seek the dues; increase was all but unani- mnously carried, with only one no vote heard when the voice vote was; tak itn. Council also endorsed in) concept thet establishment of a lawyers, mutual liability insurance company Sen. S. 1. Hayakowa attempts to enswer o reporter's question during the press inl Virginia, independent of thle conference conducted before his lunceon speech on June 23. Virginia State Bar but formed and operated to serve Virginia resident memnbers of the bar. The p)roposal WILLIAM M. BASKIN Hayakawat S a r S wa presented to the Council by Haya awa' ad l t;theVirgniaState Bar Lawyers Malpractice Insurance Committee Baskirn I~;I- I~iI+d, lrvffollowing a $6,000 feasiibility Study L higligts~a 4IstL by the firm of-Johiison & Higgins of Virginia, authorized by Council last year, Establishment of the x b e t VSB Annual Meeting colnliteeandtheconsulting in If the American wvay of life is to on -June 23. independently of the State Bar s u m be protected and preserved, there The UInathorized Practice of has to be a re -nila~n . an1 More on MEETING pages 2, 3, 4 L'aw Comminittee also drew somie 9 acknowledgmien of the( legitimacyv ____________ positive straw votes from Cuc l to pst oif thle profit inot've, thle legitimacy onl four major UPL policy issues. p of the product onl motive, the The 73-year-old conlservative By its straw votes, Council mndi- legitimacy of wv rk. Sen. S, I Senator took to task the preseit cated its willingness to take a more William M. Baskin of Falls Hayakawa, R.-Calf told Virginia active enforcement role on UP (Chur h and James C. Roberts of lawyers, their spouses and guests See MEEIoNG, page 8 Richlond took office, respec- tively, as President and President- Elect of the 14,200-memiber Vir- ginia State Bar oi June 23 during The Snt, Court isu sn w Rule 17 the 41st Annual Meeting at the II Cavalier Hotels in Virginia Beach. Th Uitdktates Court of Ap)- motion or other proceedings re- the appeal, has a financial interest President Baskin succeeds Wil- peals for thi. Fourth Circuit re- lating to an appeal, is a subsidiary in the outcome of litigation in which 11am T. Prince of Norfolk, a partner cently1ed an amended version or affiliate of any publicly owned another p)erson is a par ty to n i h(ofl a imo ilas of L~ocal Rtule 17, effective June 18, corporation not named in the apl- appeal, or to a motion or other Worrell, Kelly & Greer and a 1979. The Rule reads as follows: peal, counsel for the corporation p~roceedings relating to an appeal, formner lawv instructor at William which is a party shall advise the counsel for the person who is a and Mary's Marsh all-Wy the School 17. Disclosure of Corporate Affi- Clerk in writing of the identity of party shall advise the Clerk in Of LaW. liations and Financial I nt erest the parent corporation or affiliate writing of the identity of thle pub- Mr. Prince was admitted to the (a) All parties to at civil or and the r~lationship between it and licly owned corporation and the Virginia Bar in 1957 and has been a ba nkraptry case a nd all corporate the corporation wvhich is a party to nature of its financial interest in mnember of thle governing Council dlefrndalnts inl a crimtinal case shall the appeal. the outcome of the litigation. of the State Bar since 1973, and a fil e a orporate affiliate/financeial (c) Whenever, by reason of a (d) The disclosure statemnent member of its Executive Commlit- initerest disclosiore statemnt. A franchise, lease, other profit shar- shall be miade on a formt provided tee since 1975. His practice con- negative report is also required. ing agreement, insurance, or in- the Clerk a nd Jiled at thle inception cerns primnarily civil litigation, (b) Whenever a corporation demnity agreement, a publicly of the case inl thle Court of*Appeals. which is a party to an appeal, or to a owned corporation, not a party to EFJFECTIVE. JUNE 18, 19719 *See LEADERS, page 5

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