LawSuits for Charity
Everyone was admiring the rack at the Congressional Bank on Elden Street in Herndon, Virginia on Wednesday, October 29, 2014.
The occasion? The bank was collecting suits for people reentering the job market who need appropriate attire for interviews.
The Suit Drive and Community Mixer benefited the HomeAid of Northern Virginia’s Women Giving Back and Goodwill Industries International. The event was a great opportunity for community members to contribute to a wonderful cause, clean out their closets, connect with old friends, and make new business contacts.
Herndon lawyer Doug Landau has contributed suits, shirts, ties, sweaters, slacks, and belts to similar charities in the past. Mrs. Landau rejoices when an opportunity like this arises! In fact, Mrs. Landau had contributed the day before, during a local business leaders’ luncheon at the bank.
Landau, in addition to being a depositor with Congressional Bank, is also one of the original investors in the financial institution.
Lawyer Landau commented, “I’m happy simply to be bringing the clothing by, but the fact that there was a catered dinner, with barbeque from Sloppy Mama’s, only made the endeavor all the more enjoyable!”
In addition to giving our injury and disability clients great service, Congressional Bank, with locations in Maryland, Virginia, and the District of Columbia, has been great to work with for Abrams Landau’s trust account. Law firms are required to hold the settlement checks from accident cases in escrow, and as these accounts are non-interest-bearing, they send the interest to the State Bar for a variety of charitable purposes.
“The IOLTA (interest on lawyer’s trust account) enables the State Bar Association to do some wonderful things with these otherwise unused funds. At Abrams Landau Ltd., we try to disburse money as quickly as possible, however in some cases there are liens or other litigation bills that have not been received, and settlement money is kept inside in the trust account to pay for these items.”
Our relationship with Congressional Bank has been a very positive one, and we look forward to working together for a long time to come.