legal aid http://nhpr.org en More Cuts Threaten Legal Services for the Poor http://nhpr.org/post/more-cuts-threaten-legal-services-poor <p>The most recent State budget slashed funding for legal services for the poor. Last week, the House passed a bill that would put even more aid at risk.</p><p>The legislation would change how something called <a href="http://www.nhbarfoundation.org/Interest_On_Trust_Accounts.php">IOLTA</a> works.</p><p>IOLTA stands for &lsquo;Interest on Lawyers Trust Accounts&rsquo;.</p><p>When a client hands money over to a lawyer for a short period of time, say, while a real estate deal is being closed, the lawyer puts the money into a pooled account. That account earns interest.</p> Tue, 03 Apr 2012 12:23:08 +0000 Todd Bookman 2860 at http://nhpr.org