Legal Ethics

Partner Who Used $144K in Client Trust Money to Help Law Firm Weather the Recession Is Suspended


Finding that “substantial mitigating factors” weighed against disbarring a lawyer who made $144,000 in improper client trust account transfers to help her law firm weather the recession, the Minnesota Supreme Court today suspended attorney Jo Fairbairn for 18 months.

It also imposed an unusual requirement that she never again serve as an authorized signer on a client trust account, reports the Legal Profession Blog.

Among the factors weighing in Fairbairn’s favor were that she repaid the money she transferred from Kinney & Lange’s client trust account to its operating account before legal disciplinary authorities opened an investigation, the Minnesota Supreme Court explained in its opinion (PDF).

The transfers came to light because of a bank overdraft notice.

Previous:
Gunman Who Fired Assault Rifle in Ark. Courthouse May Have Targeted Judge in His Divorce Case

Next:
Feds Blame BP Shortcuts for Gulf Oil Spill in New Report Released Today


We welcome your comments, but please adhere to our comment policy. Flag comment for moderator.

Commenting is not available in this channel entry.