These summaries were prepared by McGuireWoods LLP lawyer
Thomas E. Spahn
. They are based on the letter opinions issued by the Virginia State Bar. Any editorial comments reflect Mr. Spahn's current personal views, and not the opinions of the Virginia State Bar,
McGuireWoods
or its clients.
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0515
60-Lawyers Acting as Trustees
A lawyer acting as trustee in a foreclosure proceeding may accept a fee less than the minimum set by law, because the lawyer is not bound by the minimum fee schedule then in effect. [Minimum fee schedules no longer exist.]
Copyright 2000, Thomas E. Spahn