News and Information
July 28, 2021

Clients’ Protection Fund Pays Almost $400,000 in Last Fiscal Year

In one of its largest disbursements in years, the Virginia State Bar’s Clients’ Protection Fund (CPF) paid out $398,340.85 during the Bar’s 2020-2021 fiscal period.

Completely funded by Virginia lawyers, the Clients’ Protection Fund was created by the Supreme Court of Virginia in 1976 and reimburses petitioners who have lost money due to the dishonest conduct of a Virginia lawyer. The CPF is a key aspect of the privilege of self-regulation and seeks to promote justice and public confidence in the honor and integrity of the legal profession.

At its most recent meeting on May 7, 2021, the CPF disbursed $182,280 on twelve petitions from former clients of lawyers who practiced dishonestly.

For more information on the CPF, please contact Vivian R. Byrd, administrator to Clients’ Protection Fund by email or at (804) 775-0572.

Updated: Jul 28, 2021