LAW WEEK COLORADO
Pro bono legal programs around the state will be spared cuts after a Colorado Bar Association fundraising drive has helped cover almost the entire projected shortfall.
The CBA and its sections in three months have raised $79,000, just shy of the estimated cuts from pro bono services.
The programs are funded largely by the Colorado Lawyer Trust Account Foundation, made of the interest earned on lawyers’ trust accounts. But because of the down economy, and its resulting low interest rates, the fund hasn’t generated the same funding level as past years. Just this year, COLTAF monies going to Colorado Legal Services dropped by $500,000.
In June, the CBA learned that pro bono programs were going to receive an $83,000 reduction in their COLTAF funding. The bar quickly organized a fundraiser, and nearly every section contributed with the CBA matching the donations dollar-for-dollar.