Bloomberg Law
Aug. 13, 2019, 5:22 PM UTCUpdated: Aug. 15, 2019, 2:45 PM UTC

Dues Give Way as Top Funding Source for American Bar Association (Corrected)

Melissa Heelan Stanzione
Melissa Heelan Stanzione
Reporter

Dues, for the first time, won’t be the largest source of revenue for the American Bar Association in 2020.

Although reporting a surprising $3.5 million surplus for this fiscal year so far, the ABA said it’s planning for a cut in 2020 general operations revenues to $85.4 million. General operations revenues have declined by $30 million over a five-year period.

ABA Treasurer Michelle A. Behnke told the group’s annual meeting in San Francisco that the surplus was likely to shrink in coming months and it wasn’t out of the woods yet financially.

The ABA has prioritized spending and has cut ...

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