Supreme Court Adopts New Money Handling Guidelines

The Supreme Court of Pennsylvania adopted a major revision of the Pennsylvania Rules regarding the handling of client funds by lawyers. In its order  dated September 4, 2008, the Supreme Court adopted major changes to Rule 1.15 of the Pennsylvania Rules of Professional Conduct and Rule 221 of the Pennsylvania Rules of Disciplinary Enforcement. The full text of the revisions is set forth here. The amendments became effective upon publication.