Vermont Bar Journal, Vol. 40, No. 2 Spring 2016, Volume 42, No. 1 | Page 23

by Therese M. Corsones, Esq. & Robert M. Paolini, Esq. “Opt In” to Support the Vermont Bar Foundation You may recall the survey that was sent to VBA members last fall, regarding an option within attorney licensing statements to donate to the Vermont Bar Foundation. The majority of responses favored an “opt-in” versus an “opt-out” option, and favored an open contribution versus a specified contribution amount. As a result, the licensing statements due this July 1 will include an “opt-in” option, in an amount of the attorney’s choice. Following is some background as to how this new approach came about, in the hopes that it will be helpful to you (and that it will encourage you to “opt in” to make a contribution to the Vermont Bar Foundation if your license is up for renewal this year!) All Vermont lawyers are members of the Vermont Bar Foundation. In its thirty-fourth year, the Foundation was created in 1982 “to support legal services for the disadvantaged.” The majority of VBF funding comes from the interest earned on your IOLTA trust accounts. Because bank account interest rates have been at an historic low in recent years, the amount generated by IOLTA accounts has been dramatically reduced from a high of $1.3 million to less than $852,000. VBF Board members (most of whom are lawyers volunteering their time) have explored how to try to make up the difference in funding, so that the many different legal service providers who receive VBF funding can continue their work. Incidentally, numbered among the providers who receive VBF funding are eight county bar associations that receive grants to pay participating lawyers a reduced fee for representing low-income Vermonters in landlord tenant, foreclosure, collection, and other specified categories of cases where courts consider representation most critical. Board members learned that a number of other states have either an opt-in or optout option for attorneys to make a contribution to that state’s bar foundation. It’s considered a convenient way for attorneys to (1) be reminded of the bar foundation, and the wo