LAS VEGAS – JW Advisors founder and partner Kirk Jacobson has been appointed to serve on the State Bar of Nevada Clients’ Security Fund Committee.
The Board of Governors of the State Bar of Nevada appoints members to the committee. Jacobson will be one of two non-lawyers serving on the statewide committee, which was formed in 1970 to compensate victims of lawyer theft. The Clients’ Security Fund Committee consists of 10 attorneys and two lay members who investigate claims and meet twice a year to consider reimbursement from the fund.
“It’s an honor to have been selected to serve on this committee dedicated to helping people in instances of lawyer theft,” said Jacobson, a certified public accountant who specializes in assurance services and litigation support.
Jacobson is a Las Vegas native and an associate member of the Clark County Bar Association. He is a member of the American Institute of Certified Public Accountants and a member of its Forensic and Valuation Section. He is certified in financial forensics and accredited in business valuations.
The Clients’ Security Fund Committee makes its decisions based on factors such as:
Whether the dishonest act occurred during the course of an attorney-client relationship;
If the attorney is no longer practicing due to death, mental incompetence, suspension or revocation of license, or whether the attorney disappeared;
Whether the attorney mishandled or stole a client’s money; and
If the client made a reasonable attempt to recover the money from his or her lawyer within a reasonable amount of time.
All reimbursements from the fund are a matter of grace, in the sole discretion of the Clients’ Security Fund Committee, and not a matter of right.
Jacobson has been a member of the Nevada Society of Certified Public Accountants since 1982, and has served on the Society’s Gaming Committee, Ethics Committee, and Auditing Standards and Accounting Principles Committee. He is active in other professional and community associations and has served as treasurer for the Lied Discovery Children’s Museum and Safe Nest.
About JW Advisors
JW Advisors is a consulting firm based in Las Vegas, specializing in business financial consulting, litigation support and forensic accounting, assurance and tax services. JW Advisors is a leading Nevada CPA firm serving auto dealerships and businesses in other highly specialized fields such as helping business owners preparing to exit their business to develop and implement effective transition strategies. The firm was founded by Kirk Jacobson and Chris Wilcox in 2015. www.jwacpas.com.
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