12/29 Annual Meeting Location to Change

Due to the current economic climate, the State Bar of Nevada has opted to move the 2009 Annual Meeting, previously set to take place in Hawaii, to a local Nevada location. The state bar places a high importance on supporting the local Nevada economy during these tough times.

The final location is yet to be determined. Keep an eye on the E-Newsletter and future issues of Nevada Lawyer magazine for additional details.

12/18 Construction Law Section Meet & Greet

Please join the Construction Law Section of the State Bar of Nevada for its first annual meet and greet gathering.  Where: Silver Peak Brewery.  When: January 14, 2009 at 5:30 P.M.  Appetizers will be served along with a no-host bar. You can download a flyer for more information. Please RSVP to Scott Hoffmann at SHoffmann@LRLaw.com or Paul Matteoni at PMatteoni@lrlaw.com by January 6, 2009. If you are unable to attend this meet and greet, no worries, as a similar meet and greet will be conducted in Las Vegas in January 2009 as well.  Look forward to seeing you there!

12/17 The FDIC & IOLTA: Your Clients' Funds.

View article by Assistant Bar Counsel Glenn Machado from the October issue of Nevada Lawyer magazine. The article has been updated with new information about the FDIC.

12/15 Young Lawyers Section Coat Drive

The Young Lawyers Section of the State Bar of Nevada is asking for your help in making their Coat Closet Drive a success. The section is collecting cash and/or new coats for the children at Veterans Elementary School. Without your donation, many of these children will not have new coats this winter. A $25 donation will buy a warm coat, $100 will buy four and, if you can get your firm to contribute, a $500 donation will put 20 in-need kids in brand-new coats! The goal is to provide every student at Veterans Elementary School with a new coat.

Make your checks payable to the State Bar of Nevada and mail them to Laura Granier, Lionel Sawyer & Collins, 50 W. Liberty St., Suite 1100, Reno, NV  89501. If you would like to purchase a coat yourself, please contact Megan Bowen for size and gender needed. Contact Megan Bowen, megan.bowen@hdfsi.com, or Laura Granier, lgranier@lionelsawyer.com, with any questions. Act fast – it’s getting cold outside!

12/05 IOLTA Added to Emergency Coverage Offered by the FDIC

The Federal Deposit Insurance Corp. (FDIC) announced in November that effective immediately, client funds deposited in Interest on Lawyer Trust Accounts (IOLTA), regardless of amount, are eligible for full deposit insurance coverage under the Temporary Liquidity Guarantee Program (TLGP) through December 31, 2009. Additional information can be found at the FDIC’s website.

The FDIC adopted the TLGP program on Oct. 13 because of disruptions in the credit market, and amended the program to include IOLTA after receiving a groundswell of commentary from the ABA, National Organization of Bar Counsel, IOLTA foundations, legal aid providers, attorneys and other concerned parties.

Lawyers should note that banks do have to opt in for this coverage, and pay a fee for the added insurance. Questions about a specific bank’s participation should be directed to a bank representative. The FDIC is also continually updating its website with information about FDIC insurance.

12/01 Supreme Court Rule Changes

On November 17, the Nevada Supreme Court issued ADKT 418, amending the Eighth Judicial District Court Rules. Eight rules were amended, so district practitioners should review the changes. You can download AKDT 418 to see the changes, or visit the Supreme Court's website.