Florida bankers want Supreme Court to backtrack on big funding boost for legal aid to needy
By Noreen Marcus, FloridaBulldog.org
A trailblazing, longstanding program that funnels interest from lawyers’ trust accounts to legal aid for low-income Floridians is drawing both positive and negative attention.
In March the Florida Supreme Court approved a Florida Bar request to update the Interest on Trust Accounts (IOTA) program and multiply its impact. The revision took effect in May.
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