Phillips v. Washington Legal Foundation
521 U.S. 1117 | SCOTUS | 1997
C. A. 5th Cir. Certiorari granted limited to the following question: “Is interest earned on client trust funds held by lawyers in IOLTA accounts a property interest of the client or lawyer, cognizable under the Fifth Amendment of the United States Constitution, despite the fundamental precept of IOLTA that such funds, absent the IOLTA program, could not earn interest for the client or lawyer?”