State Bar & Bar Associations
Apr. 9, 2016
State Bar's financial reforms pay dividends
The agency's new leadership team has implemented a new reserves policy and achieved millions in savings
Daily Journal Staff Writer
The efforts of the State Bar's new leadership team to bolster the agency's finances have quickly produced some dividends for the bar and the public.
The reforms implemented with the support of the bar's board have included a new reserves policy that paved the way for a substantial boost to the Client Security Fund, renegotiation of a loan to free up nearly $5 million and steep spending cuts.
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