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Supreme Court of Ohio 2006 Annual Report - Supreme Court - State ...

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Board <strong>of</strong><br />

Commissioners <strong>of</strong><br />

the Clients’ Security<br />

Fund<br />

Luis M. Alcalde<br />

Hon. Patricia Blackmon<br />

Kenneth R. Donchatz<br />

Edward G. Hack<br />

Diane Smilanick<br />

William S. Newcomb Jr.,<br />

chair<br />

Clifton L. Spinner<br />

Clients’ Security Fund<br />

The Clients’ Security Fund was created by the <strong>Supreme</strong><br />

<strong>Court</strong> <strong>of</strong> <strong>Ohio</strong>, pursuant to Rule VIII <strong>of</strong> the <strong>Supreme</strong> <strong>Court</strong><br />

Rules for the Government <strong>of</strong> the Bar, to reimburse law<br />

clients who have been the victims <strong>of</strong> theft, embezzlement or<br />

misappropriation by an attorney admitted to practice law in<br />

<strong>Ohio</strong>.<br />

In <strong>2006</strong>, staff included an administrator, a claims analyst,<br />

a fiscal specialist and a secretary. The <strong>Court</strong> appoints a sevenmember<br />

board <strong>of</strong> commissioners to determine the eligibility<br />

<strong>of</strong> claims filed with the fund.<br />

Claim activity during fiscal year <strong>2006</strong> included:<br />

•<br />

•<br />

•<br />

•<br />

•<br />

•<br />

•<br />

•<br />

335 requests for applications for reimbursement<br />

257 applications for reimbursement<br />

The dismissal <strong>of</strong> 80 applications<br />

Four board meetings, resulting in a review <strong>of</strong> 135<br />

claims<br />

Reimbursements totaling $946,967 to102 eligible<br />

claimants<br />

Determinations that 33 claims were ineligible for<br />

reimbursement (five claims were tabled)<br />

Approval <strong>of</strong> three applications for attorney fees<br />

totaling $900<br />

Payment <strong>of</strong> claims involving 32 attorneys.<br />

Since its inception in 1985, the Clients’ Security Fund<br />

has awarded about $11,886,796 to 2,143 former law clients.<br />

The amounts reimbursed by the Clients’ Security Fund are<br />

attributable to less than 1 percent <strong>of</strong> <strong>Ohio</strong>’s more than 54,145<br />

licensed attorneys, 41,178 <strong>of</strong> whom are engaged in the active<br />

practice <strong>of</strong> law.<br />

78

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