Girardi-Spurred Trust Account Rules Head to Top California Court

California lawyers will have increased oversight responsibility for client trust accounts under a proposed rule inspired by the downfall and disbarment of plaintiffs’ attorney Tom Girardi, now submitted to the state’s top court for approval.

The executive committee of the State Bar of California on Friday unanimously approved the revised rule, adding back provisions errantly dropped from a prior version approved by the organization’s Board of Trustees, ahead of an Oct. 10 deadline.

The State Bar is responsible regulating more than 250,000 lawyers licensed to practice in the state of California.

The now restored provisions concerns how client trust accounts, ...