News and Information
October 27, 2014

Highlights of the October 24, 2014, Virginia State Bar Council Meeting

At its meeting on October 24, 2014, in Alexandria, the Virginia State Bar Council heard the following significant reports and took the following actions:

Amendments to Clients' Protection Fund Rules

The Council approved, with one nay vote, amending the Clients' Protection Fund Rules to increase the maximum payment to any one petitioner to $75,000 for losses incurred on or after July 1, 2015. Maximum payments for losses incurred before that date will remain $50,000. The total amount of losses reimbursable for any one lawyer or association of lawyers will increase from 10 percent of the net worth of the fund to 15 percent.

Amendment to Council Bylaw Election Procedures

The Council approved 57 to 3 amending the bylaws in Council elections to change the instructions so that members can vote for fewer candidates than the number of vacancies to be filled.

Revisions to Fiscal Year 2014-2015 VSB Budget

The Council approved by unanimous vote the revisions to the FY2014-2015 budget, which reduced expenditures by $840,350.

President-elect Candidates Spoke and Answered Questions

Raymond B. Benzinger, Thomas A. Edmonds, and Michael W. Robinson, candidates for the upcoming president-elect election, spoke and answered questions at the Council meeting.  The election starts November 1, 2014, and ends December 1, 2014.  

Updated: Oct 27, 2014