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What New York Attorneys Need to Know about IOLA

 

Gain a better understanding of when to use an IOLA account and the important statutory safeguards.

To avoid the ethical prohibition on commingling, New York State attorneys holding funds belonging to clients or third parties must use attorney escrow accounts. IOLA accounts are the most common type of attorney escrow account, but many attorneys do not understand the relevant rules regarding account management, which puts them at risk of professional discipline. This presentation from the General Counsel of the IOLA Fund will help New York attorneys properly open and manage their IOLA accounts. The program will cover when to use an IOLA account and important statutory safeguards for attorneys, while also featuring tips and best practices from a leading ethics attorney to help New York attorneys avoid malpractice and disciplinary charges.

Agenda

Faculty

Christine Fecko

Christine Fecko

IOLA Fund of the State of New York

Christine M. Fecko

  • General Counsel of the IOLA Fund of the State of New York since 2011
  • An officer and member of the Board of Directors of the National Association of IOLTA Programs and serves on the New York State Bar Association’s (“NYSBA”) President’s Committee on Access to Justice, the NYSBA Committee on Legal Aid, the New York City Bar Association’s Pro Bono and Legal Services Committee, the New York City Bar Association’s Ethics Committee, and the Technology Working Group of the New York State Permanent Commission on Access to Justice
  • Former Chair of the New York City Bar Association’s Committee on Legal Services for Persons of Moderate Means
  • Clerked for Chief Judge F.A. Little, Jr. of the United States District Court for the Western District of Louisiana
  • Published author
  • J.D degree from the New York University School of Law and B.A. degree from SUNY Binghamton
Deborah Scalise

Deborah Scalise

Scalise & Hamilton P.C.

Deborah A. Scalise

  • Member of SCALISE & HAMILTON, PC in Scarsdale, New York, and a founding member of its predecessor Scalise & Hamilton LLP
  • Previous Deputy Attorney General in Charge of Public Advocacy for the Westchester Region and prior to that, she was the Deputy Chief Counsel to the Departmental Disciplinary Committee for the First Judicial Department where she litigated complex disciplinary matters
  • J.D degree from Brooklyn Law School; B.A degree from John Jay College of the City University, and Master of Arts Degree from the John Jay College of the City University of New York
  • Previously appointed to the NYS Office of Court Administration CLE Board by Chief Judge Janet DiFiore serving as a member for three years
  • Testified before the 2015 OCA State Commission on Professional Discipline regarding attorney mental health issues
  • Member of various associations and a published author

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