Lawyers, Gambling, and Trust Accounts: Why the Expansion of an Old Vice Requires a New Approach to Protecting Client Funds

Authors

Robert M. Jarvis

Abstract

Since the late 1980s, legalized gambling in the United States has expanded at a furious pace. While Americans have embraced this change with enthusiasm, it has caused a sharp rise in compulsive gambling. This development has placed every client in harm’s way. Because lawyers are at a very high risk of developing a gambling addiction, client trust funds now are more susceptible to theft than ever before. Accordingly, this article proposes that a new form of protection be mandated to safeguard clients from attorneys who are or might become compulsive gamblers.

First Page

111

Recommended Citation

Robert M. Jarvis, Lawyers, Gambling, and Trust Accounts: Why the Expansion of an Old Vice Requires a New Approach to Protecting Client Funds, 8 Bus. Entrepreneurship & Tax L. Rev. 111 (2024).
Available at: https://scholarship.law.missouri.edu/betr/vol8/iss1/6