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1 N.C. B. Newsl. 1 (1976)

handle is hein.barjournals/ncsbarnew0001 and id is 1 raw text is: VOL. 1, NO. 1, JANUARY 16, 1976 THE COUNCIL OF THE NORTH CAROLINA STATE BAR HAS JUST CONCLUDED ITS JANUARY 13 THROUGH 16 MEETING. BEGINNING WITH THIS ISSUE, THE NORTH CAROLINA BAR LETTER SUM- MARIZES THE ACTION TAKEN BY THE COUNCIL WHICH IS OF INTEREST To THE LAWYERS AND DISTRICT BAR OFFICERS AND A BRIEF LOOK AT WHAT IS IN STORE FOR THE LEGAL PROFES- SION FOR THE YEAR 1976. THE NORTH CAROLINA BAR LETTER IS BEING DISTRIBUTED TO THE MEMERS OF THE COUNCIL AND TO THE DISTRICT BAR OFFICERS AND COMMITTEE MEMBERS. IT IS AN EFFORT ON BEHALF OF THE OFFICERS OF THE NORTH CAROLINA STATE BAR TO GIVE ADVANCE NOTICE TO THE REPRESENTATIVES OF THE LEGAL PROFESSION OF THE ACTIVITIES BEING CARRIED OUT BY THE NORTH CAROLINA STATE BAR. THE SUCCESS OF THIS PROGRAM WILL DEPEND UPON YOUR RESPONSE AND ASSISTANCE. FRANK H. WATSON, PRESIDENT Budget and Finances THE COUNCIL ON JANUARY 16 ADOPTED A BUDGET OF $260,963.46. THERE ARE ANTI- CIPATED REVENUES FOR THE YEAR 1976 OF $253,000,00. As OF DECEMBER 31, 1975, THERE WAS A BALANCE OF $62,150.00. IT IS READILY SEEN THAT THERE IS DEFICIT BUDGETING OF ALMOST $8,000,00. THE EXPENSES OVER THE REVENUES RESULT PRIMARILY FROM: (1) ACTIVATING THE DISCIPLINARY HEARING COMMISSION AND OPERATING UNDER OUR NEW DISCIPLINARY RULES EXCEEDED THE COST ANTICIPATED; (2) THE LOSS OF ANTICIPATED REVENUES FROM THE MEM- BERS OF THE JUDICIARY; AND (3) OUR CONTINUED FINANCIAL SUPPORT BY PROVIDING OFFICE SPACE FOR THE BOARD OF LAW EXAMINERS. ALTHOUGH THE STATE BAR OFFICE IS SUFFERING JUST LIKE EVERY LAW OFFICE FROM INCREASED POSTAGE, TELEPHONE RATES AND INCREASE IN