1GENERAL FUND: The General Fund supports our regula- tory functions and most services to members and the public. Historically, license fees have supported about 75% of this
work; the balance has been supported by non-license fee revenue (such as investment and interest income; donations from
the Washington State Bar Foundation; fees related to mandatory CLE, regulatory, and member services; advertising and
sponsorships; recovery of discipline costs; and reimbursement
In FY14, we held license fees at $325 (the 2001–02 level) for
the second year in a row. This means that license fee revenue
will only cover 64% of General Fund programs and operations.
We are continuing efforts to expand non-license fee revenue
sources and increase operational efficiencies; however, we may
use up to $2 million in reserves to support this work. The companion chart on the next page provides more detail about General Fund activities supported by license fees in FY14.
2LAWYERS’ FUND FOR CLIENT PROTECTION (LFCP): The LFCP Fund exists to make gifts to compensate those financially victimized by lawyer dishonesty or failure to account for
client funds or property. It is funded exclusively by an annual
The Washington State Bar Association (WSBA) serves the public and nearly 36,000 lawyers, ensuring the integrity of the legal profession and championing justice. Here is an overview of WSBA programs and activities, showing how they are funded in FY14, and detailing how we spend each dollar of your license fee.
assessment on all active members and pro hac vice admissions
as required by the Washington Supreme Court. The assessment
has been $30 since 2010. No license fees are used.
3SECTIONS FUND: Over 10,000 members currently belong to ne or more of the WSBA’s 28 practice sections, which provide an avenue for lawyers to increase their knowledge, pursue
their interests, and develop professional networks among peers
with similar practice interests. The Sections Fund consists of
collective net income or loss of all sections carried over from
year to year. Sections Fund dues and Section Fund reserves will
be used in FY14 to cover costs. No license fees are used.
4CONTINUING LEGAL EDUCATION (CLE) FUND: For more than 30 years, WSBA has provided high-quality continuing
legal education programs and products that promote learning,
enhance skills, and inspire high standards of practice. CLE activities are intended to be self-supporting. The CLE Fund consists of net income from CLE activities, which is carried over
from year to year to cover net loss and extraordinary costs of
CLE activities. CLE Fund reserves will be used in FY14 to cover
costs. No license fees are used.
• $918,250 from $30
annual assessment per
active member and pro
hac vice admission
• Section dues and Section
CLEs — $654,290
• Section Reserves —
Expenses: $3.4 M
• CLE seminars and
product sales — $3.1 M
• CLE Reserves —
FY2014 License Fees Cover 64% of WSBA General Fund Expenses
WSBA Accounts for Revenues and Expenses in Four Fund Categories
Non-License Fee Revenue
License Fee Revenue
1. GENERAL FUND 2. LAWYERS’ FUND 3. SECTIONS FUND 4. CLE FUND
Expenses: $16.5 M
• License Fees — $10.6 M
• Non-License Fee
Revenue — $3.9 M
• Reserves — $2 M