IOLTA programs across the country have been a major source of dollars for civil legal aid programs for decades, but anemic interest rates since the financial crash in 2008 have largely drained what was once a much deeper pond.
News Story (NATIONAL)
November 26, 2018
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Tags: Funding: IOLTA
Organizations mentioned/involved: Jacksonville Area Legal Aid (JALA), New Mexico Legal Aid (NMLA), American Bar Association (ABA), Texas Access to Justice Foundation (TAJF), Florida Bar Foundation
The program for deaf and hard of hearing clients in Jacksonville is one of many casualties in the 180-degree turn IOLTA funding has taken since the flush days when it provided a reliable revenue stream for organizations that had been used to scrambling for resources.