MassBar Bulletin: Member Updates

Thursday, June 3, 2021

Suffolk County

TyrrellThe Massachusetts Interest on Lawyers Trust Account  Committee (IOLTA Committee) has announced that Executive Director Jayne Tyrrell, Esq., a member of the Massachusetts Bar Association, is stepping down from her position as of Sept. 1. Her decision to leave will bring to a close a tremendous career of over 30 years of service with the committee.

Building on the basic IOLTA interest revenue, Tyrrell has led or collaborated in many initiatives that have generated additional revenue streams. These have included Supreme Judicial Court adoption of a rule requiring banks to pay interest at rates comparable to commercial accounts, amendments to the class action residual rules making legal aid programs and IOLTA eligible for awards of residual and requiring notice to the IOLTA Committee of potential awards, adoption of an access to justice attorney registration fee, initiation of a pro hac vice fee, and more. Under Tyrrell's stewardship, the IOLTA Committee has raised more than $348.6 million to support civil legal services and access to justice initiatives. 

Read the full announcement here.

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