At its March 1, 2025, meeting, the VSB Council voted to approve changes to Rule of Professional Conduct 1.5. The proposed amendment to the Rule includes a new subjection (g), which codifies an understanding that has been around since 1994: “nonrefundable advanced legal fees are prohibited.” The Virginia State Bar will now petition the Supreme Court of Virginia to adopt the proposed change.
Read the full article by Danny Bartle on the Legal Ethics Blog.