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March 2006FYIWSBA Presidential Search Application Deadline: May 15, 2006 The WSBA Board of Governors is seeking applicants for the position of WSBA president for 2007-2008. Pursuant to Article IV (A)(2) of the WSBA Bylaws, the primary place of business of candidates for president for 2007-2008 must be in the area east of the Cascade mountain range. The WSBA member selected to be president will have an opportunity to provide a significant contribution to the legal profession. Applications for 2007-2008 WSBA president will be accepted through May 15, 2006, and should be limited to a current résumé, a concise application letter stating interest and qualifications, and no less than five or more than 10 references. The Presidential Search Committee and the Board of Governors will consider endorsement letters received by May 26, 2006. Applications and endorsement letters should be sent to the WSBA Executive Director, 2101 Fourth Ave., Ste. 400, Seattle, WA 98121-2330. Confidential interviews with the Presidential Search Committee may be conducted. Direct contact with the governors is also encouraged. All candidates will have an interview with the full Board of Governors in open session at the June 9, 2006, meeting. Following the interviews, the Board will select the president. Although prior experience on the WSBA's Board of Governors may be helpful, there is no requirement that one must have been a member of the Board of Governors or had previous experience in Bar activities. The candidate must be willing to devote a substantial number of hours to WSBA affairs and be a positive representative for the legal profession. The position is unpaid. Some expenses, such as WSBA-related travel, are reimbursed. The commitment begins in June 2006 following selection. A one-year term as president-elect will begin at the Annual Business Meeting in September 2006. The president-elect is expected to attend the two-day board meetings held approximately every five to six weeks, as well as numerous subcommittee, section, regional, national, and local meetings. In September 2007, at the WSBA Annual Business Meeting, the president-elect will assume the position as president. During his or her service, the president-elect and president will also be required to meet with members of the Bar, the courts, the media, and public and legal interest groups, as well as be involved in the Bar's legislative activities. Appropriate time will need to be devoted to communication by letter, e-mail, and telephone in connection with these responsibilities. The duties and responsibilities of the president are set forth in the WSBA Bylaws. Board of Governors Election Three positions on the WSBA Board of Governors will be up for election in 2006: governors representing the 1st, 5th, and 7th-West Congressional Districts. These positions are currently held by Kristin G. Olson (1st District), Michael J. Pontarolo (5th District), and Mark A. Johnson (7th-West District). The WSBA Bylaws provide that any member in good standing, except a member previously elected to the Board of Governors, may be nominated* for the office of governor from the congressional district (or geographical region within the 7th District**) in which such member is entitled to vote. Nominations are made by filing a statement of interest and a biographical statement of 100 words or less. Generally, members are entitled to vote in the congressional district in which the member resides. All out-of-state active WSBA members are eligible to vote in the district of the address of their agent within Washington for the purpose of receiving service of process as required by APR 5(e), or, if specifically designated to the executive director, within the district of their primary Washington practice. Nomination forms are available from the Office of the Executive Director, 2101 Fourth Ave., Ste. 400, Seattle, WA 98121-2330, or by calling 206-727-8244, or at www.wsba.org. The WSBA executive director must receive nomination forms by 5 p.m. on Wednesday, March 1, 2006. The Board of Governors determines the official dates of the election. Ballots will be mailed on or about April 14. *Biographical statements of nominated candidates will be published in the May issue of Bar News. **The 7th Congressional District is divided into three sub-districts: East, Central, and West. These sub-districts are distinguished by zip codes, and each has one elected governor. For 2006, the West Sub-district (zip codes: 98013, 98070, 98106, 98107, 98116, 98117, 98119, 98121, 98126, 98133, 98136, 98146, 98160, 98177, 98190, 98195, 98199) will elect a new governor. American Bar Association (ABA) House of Delegates Application Deadline: March 31, 2006 The WSBA Board of Governors is accepting letters of interest and résumés from members interested in serving on the ABA House of Delegates representing Washington state. There are four positions available (three incumbents are eligible for reappointment) commencing in August 2006. A written expression of interest and a résumé is required for incumbents seeking reappointment. The control and administration of the ABA is vested in the House of Delegates, the policymaking body of the ABA. The House, composed of approximately 500 delegates, elects the ABA officers and board and meets out of state twice a year. Delegate attendance is required. The WSBA's allowance is $800 per year per delegate. Members appointed to the House of Delegates serve a two-year term, with the opportunity to reapply to serve a maximum of three consecutive terms. Please submit a letter of interest and résumé to: WSBA Bar Leaders Division, 2101 Fourth Ave., Ste. 400, Seattle, WA 98121-2330, or e-mail barleaders@wsba.org. Judicial Evaluations by Minority and Specialty Bars Several Washington minority bar associations conduct judicial evaluations of applicants to state superior and appellate courts. Attorneys interested in becoming judges are encouraged to contact these organizations to begin the rating process before a position becomes available for appointment or early in an election campaign. Ratings from most bar associations are valid for up to two years. For information on obtaining a judicial rating, contact the following minority bar representatives: Asian Bar Association of Washington Latina/o Bar Association Loren Miller Bar Association QLaw: The GLBT Bar Association of Washington Washington Women Lawyers In addition, the WSBA Judicial Recommendation Committee evaluates applicants for appointment to the Court of Appeals and the state Supreme Court. Contact Anthony Miles, chair of the WSBA Judicial Recommendation Committee, at 206-370-7585. More information on the WSBA's judicial recommendation process can be found at www.wsba.org/lawyers/groups/judicialrecommendation. Casemaker News In response to positive feedback from WSBA members using Casemaker — the free online legal-research tool — the WSBA has created Casemaker News, with the latest Casemaker information, updates, and tips on using Casemaker. To access Casemaker News, click on the link on the right sidebar of the Casemaker home page at www.pro.wsba.org/Casemaker. For help using Casemaker, call the WSBA Service Center at 800-945-WSBA or 206-443-WSBA, or e-mail questions@wsba.org. Computer Clinic The WSBA offers a hands-on computer clinic for members wanting to learn more about what Microsoft Office programs — such as Outlook, PowerPoint, Excel, and Word, as well as Adobe Acrobat — can do for a lawyer. Are you a total beginner? No problem. The clinic teaches helpful tips you can use immediately. Computers are provided, and seating is limited to 15 members. There is no charge, and no CLE credits are offered. The next clinic will be held on March 13 from 10 a.m. to noon at the WSBA office. For more information, contact Pete Roberts at 206-727-8237 or peter@wsba.org. Contract Lawyers Meeting The WSBA Law Office Management Assistance Program (LOMAP) hosts a meeting of contract lawyers the first Tuesday of every month at the WSBA office. The next meeting is March 7 from noon to 1:30 p.m. Please bring your lunch — coffee provided — and network with other contract lawyers. LOMAP & Ethics Traveling Seminars Plan to attend in Vancouver, Washington, on May 9; Montesano on May 10; or Olympia on May 11. Or come to Walla Walla on June 13, Richland on June 14, or Yakima on June 15. Registration is $84, and each seminar has been approved for four CLE credits, including two ethics credits. For more information, contact Julie Salmon at 206-733-5914 or juliesa@wsba.org. Lawyer Services Statewide Conference Join us for a relaxing and informative weekend March 31 to April 2 at Campbell's Resort on Lake Chelan, focusing on collaborative law. CLE credit available. For more information, contact Michelle Reindal at 206-727-8268 or micheller@wsba.org. LAP Solution of the Month: Anger Management Got rage? Does your temper cause problems for staff, family, or friends? Learn constructive ways to handle your anger before you lose someone or something you value. If you'd like suggestions on how to proceed, call the Lawyers' Assistance Program at 206-727-8268. ABA TECHSHOW® Celebrating its 20th year, the ABA TECHSHOW is the world's premier legal technology conference and exposition. Take advantage of more than 60 legal technology programs and training sessions. More than 100 technology vendors will feature the latest in legal technology products and services. WSBA members receive a $100 association member registration discount. Register early and receive an additional $200 early-bird discount (ends March 10) to save a total of $300 in registration fees. The exposition runs April 20-22 at the Sheraton Chicago Hotel & Towers. To register, visit www.techshow.com. Choose Program Promoter Registration and specify promoter code PP108. 2006 WSBA Awards Nominations Sought Each year, members of the Washington State Bar Association are asked to identify those who deserve the legal profession's recognition and appreciation. Nominations are sought for the following awards: Award of Merit Professionalism Award Angelo Petruss Award for Lawyers in Public Service Outstanding Judge Award Pro Bono Award Courageous Award Excellence in Diversity Award Outstanding Elected Official Award Lifetime Service Award President's Award Community Service Award
Nomination submissions: If you know an individual who fits the criteria set forth above, please visit www.wsba.org/barleadershomepage.htm, and complete and submit the nomination form. Self-nominations will not be accepted. Please note that the completed nomination form must accompany each nomination in order to be considered. The deadline for Pro Bono Award nominations is March 31, 2006. The deadline for all other nominations is May 8, 2006. Please send nominations to: Washington State Bar Association, Attn: Annual Awards, 2101 Fourth Ave., Ste. 400, Seattle, WA 98121-2330; fax: 206-727-8319; e-mail: denec@wsba.org The awards will be presented at the WSBA Annual Awards Dinner in Seattle on September 14, 2006, with the following exceptions: The Pro Bono Award will be presented at the Access to Justice Conference in Yakima on June 10, and the Outstanding Judge Award will be presented at the Fall Judicial Conference. Legal Foundation of Washington Elections Held At its November 19, 2005, meeting, the Legal Foundation of Washington's board of trustees unanimously elected Judge Michael E. Schwab of the Yakima County Superior Court as the Foundation's president for 2006. Erika L. Lim, Seattle University director of career services, was elected vice president; Perkins Coie attorney Nicholas P. Gellert was elected secretary; and Nancy L. Isserlis, a principal at Winston and Cashatt Lawyers, was elected treasurer. The Foundation was established in 1985 at the direction of the Washington Supreme Court to support legal aid and law-related education through the Interest on Lawyers'/Limited Practice Officers' Trust Account (IOLTA) program. Statewide Diversity Conference to Be Held in June Washington state's first diversity conference for the legal community will be held June 1-2. With the theme "Getting Ahead and Giving Back," the conference will begin Thursday evening with a reception and feature a variety of sessions all day Friday. Col. William Gunn (Ret.), president and CEO of the Boys and Girls Club of Greater Washington, D.C., will be the featured speaker at the luncheon on Friday. The conference will be held at Seattle University School of Law. The conference is sponsored by the Asian Bar Association of Washington, Korean American Bar Association of Washington, Latina/o Bar Association of Washington, Loren Miller Bar Association, Northwest Indian Bar Association, Pierce County Minority Bar Association, QLaw: The GLBT Bar Association of Washington, South Asian Bar Association, and Vietnamese American Bar Association, in cooperation with the King County Bar Association, Seattle University School of Law, and the Washington State Bar Association. For more information, contact Conference Co-chair Kim Tran at 206-623-9900 or ktran@staffordfrey.com, Conference Co-chair Mike Heath at 206-587-0700 or mheath@cairncross.com, or WSBA Diversity Advocate Joslyn Donlin at 206-727-8216 or joslynd@wsba.org. Seattle University School of Law Wins ABA Regional Negotiation Competition Two teams from the Seattle University School of Law won first and fifth places in the Northwest Region at the American Bar Association's recent Negotiation Competition held in Missoula, Montana. Out of 22 teams from 11 law schools, Seattle University's Hagen Ganem and James Anderson took first place, and John Fetters and Matt Johnson placed fifth. Ganem and Anderson will go on to represent Seattle University and the Northwest Region at the ABA National Negotiation Competition February 11-12 in Chicago. MCLE Certification for Group 2 (2003-2005) Members in Group 2 include active members who were admitted to the WSBA in 1976-1983 or in 1992, 1995, 1998, or 2001. Members admitted in 2004 are also in Group 2 but are not due to report until the end of 2008. Their first reporting period will be 2006-2008, but any credits earned on or after the day of admittance to the WSBA may be counted for compliance. The Continuing Legal Education Certification (C2/C3) form in your license packet is an affidavit that lists all the WSBA-approved courses that were listed in your MCLE online profile for the 2003-2005 reporting period as of October. The C2 form, not your online profile, is the official record of MCLE compliance. If you have taken other courses since the C2 was printed, and they are all listed in your online profile, you may print and attach a copy of the online profile to the C2 form. Indicate on your C2 form that the attached profile is the true and correct record of the courses taken for the reporting period. Alternatively, you may simply write in on the back of the C2 form (the C3 form) the additional WSBA-approved courses you took. All WSBA-approved courses that you list on your C2 form must have an Activity ID number. This number is listed on your online MCLE profile and is assigned at the time that the Form 1 for each course is reviewed. If you have taken courses that have not yet been approved by the WSBA, please submit Form 1s for these courses immediately to ensure that they are approved before your C2 is due. Due to high volumes, Form 1s submitted electronically (at pro.wsba.org) could take up to four weeks or more to process. Paper Form 1s may take up to six weeks or more to process. If you submit a paper Form 1, you will be notified by mail of its Activity ID number. The deadline for completing the C2/C3 form and returning it to the WSBA was February 1, 2006. All active members in Group 2 (except those admitted in 2004) must send in a completed C2/C3 form. If you have questions about the Form 1 process or MCLE compliance, please contact the WSBA Service Center at 800-945-WSBA or 206-443-WSBA, or e-mail questions@wsba.org. MCLE Certification for Active Members Due Date for MCLE Reporting. WSBA members are divided into three MCLE reporting groups based on year of admission. (Newly admitted members are exempt. See "Newly Admitted Members" below.) Group 1: Admitted through 1975, 1991, 1994, 1997, 2000, 2003, or 2006 Group 2: Admitted in 1976 through 1983, 1992, 1995, 1998, 2001, or 2004 Group 3: Admitted in 1984 through 1990, 1993, 1996, 1999, 2002, or 2005 Credit Requirements. The following credit requirements must be met by December 31 of the last year of an active member's reporting period: Group 2: Next reporting period — 2003-2005; complete credits by December 31, 2005; File C2 Form by February 1, 2006. Group 3: Next reporting period — 2004-2006; complete credits by December 31, 2006; File C2 Form by February 1, 2007. Group 1: Next reporting period — 2005-2007; complete credits by December 31, 2007; File C2 Form by February 1, 2008. • At least 45 total credits of WSBA-approved CLE activities must be taken, which need to include a minimum of 30 live credits and six ethics credits. • A/V courses cannot be more than five years old, except approved "skills-based" courses. • Six pro bono credits can be earned per year. Two of these credits are for approved annual training, which must be taken prior to being able to earn credit for the pro bono work. Four pro bono credits may be earned each year if at least four hours of pro bono work was provided through a qualified legal services provider. Carry-over CLE Credits. Carry-over credits from the previous reporting period may be used to meet the requirements of the current reporting period. If your current reporting period credits total exceeds 45, you may carry over a maximum combined total of 15 credits to your next reporting period. Only two ethics credits and five A/V credits may be carried over. C2 Reporting Requirement. All active members due to report are required to file a Continuing Legal Education Certification (C2) form with all CLE courses taken for credit compliance. The deadline for filing your C2 form is February 1 of the year following the end of your reporting period. Note: • Your online roster is not a substitute for filing the C2 form. • The C2 form is an affidavit and must be signed and dated, and the city and state where signed must be identified. • C2 forms are included in the license packets sent in early December to all members due to report (which will be Group 2 members this year). • All CLE courses listed on member rosters as of October 2005 will be printed on the back of the C2 form. If you took more CLE courses after October 1, they appear on your online roster, and you do not want to hand-write them on the back of the C2 form, you may print a copy of your roster and attach it to your C2 form. State on your C2 form that the attached online roster printout is a true and correct statement of the CLE courses taken for credit compliance. MCLE Late Fees. All active members who have not completed their credits by December 31 of the last year of their reporting period, or who submit their C2 reporting forms after March 1 of the following year (the end of the grace period after the February 1 deadline), must pay a late fee of $150. The late fee increases by $300 for each consecutive three-year reporting period of noncompliance. Newly Admitted Members. If you are a newly admitted member, you are exempt from reporting CLE credits for the year of your admission and the following calendar year. If you were admitted in 2004, you will not report for this reporting period (2003-2005) even though you are in Group 2. You will first report at the end of the 2006-2008 reporting period. When you report at the end of your first reporting period, you may claim all CLE credits earned on or after your date of admission to the WSBA. MCLE Comity. If you are an active member of the WSBA and your primary office for the practice of law is in Oregon, Idaho, or Utah, you may meet your Washington mandatory CLE requirements by providing proof of current MCLE compliance from the Oregon, Idaho, or Utah state bar. Only a Certificate of MCLE Compliance from your primary state bar (not a "Certificate of Good Standing"), sent with your WSBA C2 form, will satisfy your MCLE requirements in Washington. MCLE System — Course Listing and Member Profiles. Members may use the online MCLE system at http://pro.wsba.org to: • Review courses taken and credits earned. • Apply for course approval. • Apply for writing credit, pro bono credit, or prep-time credit. • Search for approved courses being offered. To use the MCLE system, go to http://pro.wsba.org, click on the "Member" tab, then select "Member Login." The online instructions will lead you through the process of creating a confidential password and using the system. Online help is available. If you have any questions about using the MCLE system or about the MCLE compliance requirements, see the online FAQs at www.wsba.org/lawyers/licensing/faq-mcle.htm, call the WSBA Service Center at 800-945-WSBA or 206-443-WSBA, or e-mail us at questions@wsba.org. YMCA Mock Trial Program Seeks Volunteers The YMCA Youth and Government Mock Trial Program allows high-school students to participate in a "true-to-life" courtroom drama. Each team of attorneys and witnesses prepares the case for trial before a real judge in an actual courtroom. A "jury" of attorneys rates teams on their presentations, while the presiding judge rules on the motions, objections, and ultimately the merits. Participants develop critical-thinking and analytical skills, learn the art of oral advocacy, and gain a respect for the law and the judiciary. The state championship competitions will be held Friday, March 24 through Sunday, March 26, at the Thurston County Courthouse in Olympia. Volunteer attorney raters and judges are needed. To volunteer, please contact Janelle Nesbit at 360-357-3475 or e-mail youthandgovexec@qwest.net. For details, visit www.youthand-govern WSBA Arbitration Program The WSBA offers arbitration of lawyer-client fee disputes and mediation services to help resolve disputes between lawyers, a lawyer and client, or a lawyer and other professionals. The programs are voluntary and confidential. For more information, visit the WSBA website at www.wsba.org/lawyers/services/adr.htm or call 206-733-5923. Notice of Intent to Form Juvenile Law Section Contemplated Jurisdiction. The creation of a Juvenile Law Section is proposed to address concerns with juvenile law and policy, including dependency, offender, status offenses (Child in Need of Services, Youth at Risk and Truancy), and the civil legal needs of children and youth. Section Purpose. The Juvenile Law Section will provide a forum for juvenile-law issues and improve the law and practice related to civil and criminal matters involving children and youth in Washington. The section will welcome advocates from all disciplines and fields of law, including juvenile justice, child welfare, and those who represent youth in civil legal practice. For more information, contact Kim Ambrose at kambrose@u.washington.edu. Books for Belarus WSBA members can once again help law students and faculty in Belarus by donating your books. We are collecting new and old legal texts, journals, and dictionaries from Washington attorneys for donation to Belarusian law-school libraries through March 31, 2006. Although all areas of practice are welcome, resources in trade law, business, taxation, international public law, trust and estates, and property law are especially needed. Due to shipping costs and regulations, no sets or series can be accepted. The WSBA will accept donations during regular business hours. Include your name and address with all donations so we can acknowledge your contribution. Materials will be shipped and distributed with help from the U.S. Embassy in Minsk. Donations can be delivered to: WSBA, Member and Community Relations Dept., 2101 Fourth Ave., Ste. 400, Seattle, WA 98121-2330. WSBA Court Rules and Procedures Committee to Review General Rules The WSBA Board of Governors has authorized the Court Rules and Procedures Committee to undertake a comprehensive evaluation of the General Rules (GR) in 2005-2006. This will be the first time the General Rules have been included in the Committee's quadrennial cycle of review of the Washington Court Rules. The Committee invites interested persons to submit suggestions for adoption, amendment, or repeal of a General Rule. Please address suggestions to Douglas Ende, staff liaison to the Committee, at 206-733-5917 or WSBACourtRules@wsba.org. More information about the Committee is available at www.wsba.org/lawyers/groups/courtrules. Facing an Ethical Dilemma? The WSBA Ethics Line can help members analyze a situation, apply the proper rules, and make an ethically sound decision. Calls made to the Ethics Line are confidential, and most calls are returned within one business day. Any advice given is intended for the education of the inquirer and does not represent an official position of the WSBA. Call the Ethics Line at 800-945-9722, ext. 8284, or 206-727-8284. WSBA Ethics Opinions Now Searchable Online The WSBA announces the availability of a new online search tool for Washington ethics opinions. Lawyers can now search both formal and informal WSBA ethics opinions at www.pro.wsba.org/io/search.asp. Opinions can be searched by number, year issued, ethical rule, subject matter, or keyword. Ethics opinions are issued by the WSBA to assist members in interpreting their ethical obligations in specific circumstances. The opinions are the result of study and analysis in response to requests from WSBA members. For assistance, call the Ethics Line at 800-945-9722, ext. 8284, or 206-727-8284. Speakers Available The WSBA Lawyers' Assistance Program offers speakers for engagements at county, minority, or specialty bar associations or other law-related organizations. Topics include stress management, life/work balance, and recognizing and handling problem-personality clients. For more information, contact Jennifer Favell, Ph.D., at 206-727-8267. Learn More About Case-Management Software The WSBA's Law Office Management Assistance Program (LOMAP) office main--tains a computer for members to review software tools designed to maximize office efficiency. The LOMAP staff is available to provide materials, answer questions, and to make recommendations. To make an appointment, contact Julie Salmon at 206-733-5914 or juliesa@wsba.org. 2006 License Fee Packets License fee packets were mailed in early December. The packet includes your license fee invoice, trust account declaration form, and if applicable, the MCLE certification form. If you have not received your license fee packet, please call the WSBA Service Center at 800-945-WSBA or 206-443-WSBA, or e-mail questions@wsba.org to request a duplicate. It is your responsibility to pay your annual license fee regardless of whether you receive the license packet. WSBA Members on Active Military Duty WSBA members whose membership status is active and who are on active military duty can apply for a waiver of WSBA license fees. (WSBA members on active duty whose WSBA membership status is inactive or emeritus must still pay the annual WSBA license fee.) If you are currently an active member on active military duty, or need application information, please contact the WSBA Service Center at 800-945-WSBA or 206-443-WSBA, or e-mail questions@wsba.org; or contact Kevin McKee at 206-727-8243 or kevinm@wsba.org. Full explanations of license fees, forms, policies, and deadlines are on the WSBA website at www.wsba.org/-lawyers/licensing/annual New Sexual Orientation and Gender Identity Section Considered This notice is posted pursuant to Article IX of the WSBA Bylaws regarding a six-month prior notification of intent to establish a new Sexual Orientation and Gender Identity Legal Issues Section. For more information, please contact Rachel da Silva at 360-943-6260, ext. 203, or e-mail rachel.dasilva@columbialegal.org. Upcoming Board of Governors Meetings March 3-4 — Seattle, April 21-22 — Walla Walla, June 9 — Yakima, July 21-22 — Port Angeles Assistance for Law Students The WSBA Lawyers' Assistance Program (LAP) offers long- and short-term psychotherapy to third-year law students attending the University of Washington and Seattle University. Treatment is offered for depression, addiction, family and relationship issues, health issues, and other mental and emotional problems. The fee is based on a sliding scale ranging from no-cost to $30 and is determined by a student's ability to pay. For more information about the LAP, call 206-727-8268 or visit www.wsba.org/lawyers/-services/lap.htm. Job Seekers Discussion Group Looking for a job or making a transition? Join us at the Job Seekers Discussion Group the second Wednesday of each month from noon to 1:30 p.m. The group discusses where to look for jobs, how to use your network of contacts, strategies for résumés and cover letters, and how to keep yourself organized and motivated. Exchange information and ideas with other lawyers looking to make a change. Come as you are — no need to RSVP. For more information contact Rebecca Nerison, Ph.D. at 206-727-8269 or rebeccan@wsba.org. Random Acts of Professionalism Program The WSBA Professionalism Committee has created a way for lawyers and judges to recognize their colleagues who have conducted themselves in a professional manner consistent with the Creed of Professionalism. Through the Random Acts of Professionalism Program, lawyers and judges may nominate their colleagues for the award. Nominating a lawyer or judge is easy: Simply send his or her name, along with a brief description of why you are nominating the person, to Judy Berrett, staff liaison to the Professionalism Committee, at judithb@wsba.org, or fax to 206-727-8319. That's all there is to it! The nominee will receive a letter, a certificate, and a copy of the WSBA Creed of Professionalism. Usury Rate The average coupon equivalent yield from the first auction of 26-week treasury bills in February 2006 was 4.669 percent. Therefore, the maximum allowable usury rate for March is 12 percent. Information from January 1987 to date is on the WSBA website at www.wsba.org/media/-publications/barnews/usury.htm.
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