So, this is news, that a lawyer stole from one of his clients? In New York state, that is so sommon that the state actually maintains a fund to protect lawyers’ clients from just this sort of thing.
The state does NOT have a fund to prootect insurance brokers’ clients from embezzlement.
Connecticut also has a fund for reimbursing cheated clients of lawyers, called “Client Security Fund”. It has nothing to do with the state but is funded by annual contributions from all CT lawyers admitted to practice in the state. You pay $75 per year, and if you don’t you get called before the disciplinary committee and could be disbarred. I call this welfare for thieves. Of course disbarring embezzling lawyers is another story as they’re likely to get off more often than not.
I think the point of the article is the fact that the courts actually voided a malpractice policy in support of the carrier instead of letting the client who lied get away with it.
So, this is news, that a lawyer stole from one of his clients? In New York state, that is so sommon that the state actually maintains a fund to protect lawyers’ clients from just this sort of thing.
The state does NOT have a fund to prootect insurance brokers’ clients from embezzlement.
Connecticut also has a fund for reimbursing cheated clients of lawyers, called “Client Security Fund”. It has nothing to do with the state but is funded by annual contributions from all CT lawyers admitted to practice in the state. You pay $75 per year, and if you don’t you get called before the disciplinary committee and could be disbarred. I call this welfare for thieves. Of course disbarring embezzling lawyers is another story as they’re likely to get off more often than not.
I think the point of the article is the fact that the courts actually voided a malpractice policy in support of the carrier instead of letting the client who lied get away with it.