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Deficit in LSUC compensation fund could mean an increase in next levy

Friday, May 26, 2017 @ 8:50 AM | By Amanda Jerome

The Law Society of Upper Canada’s May Convocation addressed the society’s finances for the first quarter of the year with a focus on a deficit in the compensation fund.

Chris Bredt, chair of the Audit and Finance Committee, Law Society of Upper Canada“Overall I think some good news with respect to our financial results, but some clouds on the horizon with respect to the compensation fund,” said Chris Bredt, chair of the Audit and Finance Committee in his address to Convocation on May 25. “We’re doing...