Section 1 - Tennessee Lawyers' Fund for Client Protection

As amended through July 2, 2024
Section 1 - Tennessee Lawyers' Fund for Client Protection
1.01. There is hereby established the Tennessee Lawyers' Fund for Client Protection to reimburse claimants for losses caused by any dishonest conduct committed by lawyers practicing in this state.
1.02. The purpose of the Tennessee Lawyers' Fund for Client Protection is to promote public confidence in the administration of justice and the integrity of the legal profession as a whole by reimbursing losses caused by the rare instances of dishonest conduct of lawyers practicing in this state.
1.03. As used in these rules, "dishonest conduct"means the misappropriation or willful misapplication of a person's money, securities or other property.
1.04. This rule shall apply to dishonest conduct that arose out of the practice of law in Tennessee.
1.05. For purposes of this Rule, "lawyer" shall include a person:
(a) licensed to practice law in this jurisdiction;
(b) admitted as in-house counsel;
(c) admitted pro hac vice;
(d) practicing in Tennessee under the authority of Tennessee Supreme Court Rule 8, RPC 5.5(d)(1);
(e) admitted only in a non-United States jurisdiction but who is authorized to practice law in this jurisdiction; or
(f) recently suspended or disbarred whom clients reasonably believed to be licensed to practice law when the dishonest conduct occurred.