News and Information
June 10, 2019

Legal Ethics Committee Seeks Comment on Safekeeping Property Rule

The Virginia State Bar’s Standing Committee on Legal Ethics is seeking public comment on proposed amendments to Rule 1.15 of the Rules of Professional Conduct governing the safekeeping of property. 

The proposed amendments simplify and clarify the trust account recordkeeping requirements, using terminology that is more easily understood and spelling out in the body of the rule exactly what information must be included in the required records. 

Find a full description of the proposed amendments, inspect the full text with proposed changes, and find information about commenting on the bar's Professional Guidelines website. Comments are due July 19. 

Updated: Jun 10, 2019