Economy
Articles
2011-2012 Civil Legal Aid Fund figures released
The Division of State Court Administration has released figures for 2011-2012, showing how the $1.5 million Civil Legal Aid Fund has been distributed among 11 qualifying agencies.
Economic woes hitting state’s public defense
Years ago, those working in the Porter County Public Defender Office reported seeing a bright blue Post-it note tagged to their caseload reports that said, “HELP!” in huge hand-written print. That was a common occurrence at a time when the local public defender’s office faced a critical overload point because of skyrocketing caseloads and too few attorneys.
Indiana AG sues Florida foreclosure firm owned by lawyer
Indiana Attorney General Greg Zoeller has filed a complaint against a for-profit Florida foreclosure consultant company that Zoeller claims operated illegally in 15 Indiana counties and failed to provide refunds to customers after services were not provided.
Partner pay rises despite economic recession
Partners at Indianapolis’ largest law firms are enjoying healthy pay increases despite the tough economic times.
Legal trend utilizes AG experience
When he was the state’s top prosecutor, former Indiana Attorney General Jeff Modisett saw the beginning of a trend that’s now become a focus of his practice.
I-9 audits present legal concerns for businesses
Indiana’s chapter of the National Federation of Independent Business issued a press release June 23, urging Indiana businesses to prepare for I-9 audits. U.S. Immigration and Customs Enforcement has stepped up its audits of businesses nationwide in an effort to crack down on the employment of unauthorized immigrant workers.
Indiana Legal Services weathers budget cuts
The ILS board has taken cost-cutting steps, which include not renewing staff contracts.
Judges split on mortgage issue
In a case of first impression between a lender and the mortgagee on record, the Indiana Court of Appeals was divided as to whether the mortgagee on record had an enforceable right under a mortgage.
As boomers age, lawyers seeing new trends in estate and health care planning
Born between 1946 and 1964, baby boomers are not like generations that came before them with regard to estate-planning needs. Many of them are living longer and will be working longer – some by choice and others because the value of their retirement accounts has plunged in recent years. As they look toward their future, the boomers’ top concerns are asset protection and paying for long-term care, although each person may have a different approach about how to accomplish those goals.
Federal budget cuts lead to uncertainty for state’s student civic programs
Chuck Dunlap, executive director of the Indiana Bar Foundation, says federal budget cuts mean the IBF’s Civic Education Program will have no federal funding as of September.
Pilot project uses secure network for foreclosure settlement agreements
The Indiana Supreme Court announced Monday a new program that allows parties in mortgage foreclosure settlement cases to exchange financial documents over a secure online network.
Bankruptcy filings ease slightly in Indiana
Total bankruptcy filings in the Southern District of Indiana ticked down last year. Business bankruptcies in Indiana dropped 3.2 percent.
High court seeks comment on foreclosure practices
The Indiana Supreme Court is accepting comments from the public on the proposed “Mortgage Foreclosure Best Practices” guidelines.
Fair Finance trustee sues Indy attorney for $375,000
The bankruptcy trustee for Fair Finance Co. has filed a lawsuit against Indianapolis attorney Stephen Plopper and his wife, saying they defaulted on a 2003 loan from the defunct Tim Durham-owned business and now owe $375,000.
Cuts proposed to LSC budget would affect ILS
Among approximately 70 proposed budget cuts, the U.S. House Appropriations Committee has proposed cutting $75 million, or 17 percent of the budget for the Legal Services Corporation, which funds 136 civil legal aid programs around the country, the committee announced Wednesday.
Law schools discuss loans, jobs
School administrators respond to a widely circulated The New York Times article, "Is law school a losing game?"
Legal aid budgets remain steady
While the need for services for indigent Hoosiers during these tough economic times continues to increase, civil legal aid providers are reporting that budgets for 2011 will be similar to those of 2010, and the numbers of cases handled in 2010 are comparable to 2009.
Indiana pro bono districts take a hit
While low interest rates can be a good thing for those looking to take out loans to buy a home, a car, or to refinance, they mean nothing but headaches and heartaches for organizations that depend on the dollars generated, such as legal aid organizations that rely on funds from Interest on Lawyer Trust Accounts.
Bose McKinney cuts lawyers, paralegals
The fifth largest Indianapolis law firm is laying off 10 attorneys, two paralegals, and 13 support staff because of the tumultuous economy.