4.10.2023
Wilentz Shareholder Brett R. Harris has been elected as the Treasurer of the Board of Trustees of New Jersey Supreme Court’s Interest on Lawyer Trust Accounts (IOLTA) Fund of the Bar of New Jersey. The appointment is effective March 1, 2023, for a one-year term. Ms. Harris was first appointed to the Board of Trustees of The IOLTA Fund of the Bar of New Jersey by the New Jersey Supreme Court in 2020.
The New Jersey IOLTA program has been an important source of funding for civil legal assistance, improvement in the administration of justice, and education of the public about law-related topics since 1989. N.J. Court Rule 1:28A requires that attorneys deposit client funds in the attorneys’ IOLTA accounts in certain circumstances. The interest generated by these accounts supports legal representation and advocacy in civil matters faced by low-income individuals, improvements in the administration of justice, and public education about the law. The funds can be used for no other purpose.
Since 1989, the IOLTA Fund has awarded grants of over $462 million to Legal Services of New Jersey, the New Jersey State Bar Foundation, and 136 other non-profit, 501(c) 3 organizations. To learn more about the NJ Supreme Court's IOLTA Fund, visit their website: https://www.ioltanj.org/.
At Wilentz, Ms. Harris is a corporate transactional attorney with extensive experience in stock and asset acquisitions, contract negotiations, and business counseling. Ms. Harris has a particular focus on representing tax-exempt organizations and foundations; her practice also includes intellectual property and technology law.