Brown v. Inland Revenue Commissioner shook up the common law – lawyers were not entitled to interest derived from trust funds! In response, the Legal Profession Act was amended in 1969, to reflect the New South Wales’ practice of paying interest from lawyers’ trust accounts to a foundation. The Law Foundation of British Columbia (“LFBC”) is the first foundation of its kind in North America. Since its establishment, every province, territory and state has formed a similar body, which have collectively granted over $1 billion.
Read on to learn about the 50-year legacy of LFBC, much of which has occurred under the careful watch of its outgoing director, Wayne Robertson, QC. Authors include The Honourable David Eby, QC and Susan Breau of UVic Law. Topics include UVic’s joint common-law / Indigenous-law program, the formation of LFBC, LFBC’s receipt of cy-près awards, and the creation of the Child and Youth Legal Centre and Registered Disability Savings Plan.
