Thursday, November 6, 2008

Misuse Of Escrow Account

The Minnesota Supreme Court accepted an agreed disposition and imposed a public reprimand and unsupervised probation for two years. The court described the misconduct as depositing earned fees into escrow and paying non-client related expenses from that account, which would involve commingling. Further, the attorney had bounced some escrow checks and thus violated the prohibition against dishonest conduct. There is no mention that the bounced checks related to client matters, which would amount to misappropriation and likely would merit far harscher discipline. (Mike Frisch)

http://lawprofessors.typepad.com/legal_profession/2008/11/misuse-of-escro.html

Bar Discipline & Process | Permalink

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