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ATTENTION: CLIENT TRUST FUND ACCOUNTS
To all active HSBA Members:
Some of you have received notice from the bank where you have your IOLTA account that a .0005% fee will be assessed on the account to cover FDIC expenses. This is problematic because the interest from this account goes to the Hawaii Justice Foundation and thus the fee would be taken from your client trust funds. The Hawaii Justice Foundation is working with the banks to resolve this issue based on their agreement with the banks regarding the IOLTA accounts. We will keep you apprised of these discussions and, hopefully, a satisfactory resolution.
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HSBA PREMISES UPDATE!
As we continue our progress in the design and buildout of the 10th floor of Alakea Corporate Tower, which will be HSBA’s new location from 2010, we have posted the floor plan on the HSBA Web site, Premises Webpage.
Let us know now what features you would like to see in the new headquarters.
MCLE RULE PROMULGATED BY THE SUPREME COURT
The new RSCH 22 regarding mandatory continuing legal education requirements will be effective January 1, 2010. The Rule, the Court’s press release, and FAQ’s which will answer many questions about the new rule are on the HSBA Web site, MCLE Webpage.
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