TRENTON – A fund kept to pay clients for losses caused by lawyers paid out more than $646,000 for the second quarter of this year, according to the state judiciary.
The New Jersey Lawyers’ Fund for Client Protection, funded by the state’s lawyers and judges, paid $646,727.26 to clients for losses caused by 10 lawyers, the board of trustees announced today.
The board reported that in the fund’s 42-year history, it has paid claims against a total of 658 attorneys. There are 88,517 lawyers licensed in New Jersey.
An individual client can receive up to $400,000 for claims arising after Jan. 1, 2007, lesser amounts for claims arising prior to that date, and the fund can provide up to $1.5 million in claims against any one lawyer, according to the courts. Special permission can be granted by the Supreme Court to exceed the aggregate limit.
To receive a claim form, write to the New Jersey Lawyers’ Fund for Client Protection, Richard J. Hughes Justice Complex, P.O. Box 961, Trenton, New Jersey 08625-0961, or call (609) 292-8008. The form must be completed, notarized and returned with copies of any proofs of the transaction. There is no filing fee. Claimants assisted in their claims by practicing attorneys receive their representation free of charge.
A list of the claims and status of the lawyers involved is attached.