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Lawyers can't hold money from clients

Law Society agrees to proposal to protect public from rogue lawyers. -ST

Wed, Oct 22, 2008
The Straits Times

By K. C. Vijayan, Law Correspondent

AFTER years of wrestling with the problem of lawyers running off with their clients' money, a decision has been made to bar them from holding such funds.

The Chief Justice disclosed this in a recent speech to lawyers, adding that only the details needed to be ironed out.

The Law Society, which has tried several ways to protect clients' funds parked with lawyers, particularly those made in the course of property transactions, has finally 'seen the light', said Chief Justice Chan Sek Keong.




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