An alarm has been set off among lawyers, in New York and across the nation, by the U.S. Supreme Court’s recent decision in Phillips v. Washington Legal Foundation, 1998 WL 309070 (U.S. 1998), concerning Texas’ Interest on Lawyers’ Trust Accounts (IOLTA) program. Lawyers are wondering whether they should continue to place client funds in the pooled interest-bearing accounts established under such programs. The answer is: absolutely.
While Democrats and Republicans on Capital Hill debate the merits of campaign finance reform, the Republican National Committee and the Ohio Democratic Party are busy at work in federal court seeking to undermine the last remaining vestiges of federal cam
We own the airwaves. We, the public. Not GE, not Disney, not Westinghouse, and not Rupert Murdoch. But we lend them our airwaves for free, as trustees, in return for a pledge to serve the public interest.
Like the cock of the walk, Senator Mitch McConnell strutted across the Senate floor, preening his new First Amendment feathers and pecking to death the latest (and most modest) of campaign finance reforms set before that body.
The Senate killed campaign finance reform last week. Chairman Fred Thompson has the Senate Governmental Affairs Committee once again looking for fund-raising misdeeds. Now the committee is looking into the relationship between the Teamsters and the Democr