CHANCELLOR'S STIPEND

WHEREAS, the Philadelphia Bar Association wishes to encourage all of its members who have interest and desire to serve as Chancellor of the Philadelphia Bar Association to seek election;

WHEREAS, service as Chancellor of the Philadelphia Bar Association not only requires a significant sacrifice of time from one's practice but also substantial out of pocket expenses which must be borne by the Chancellor or the Chancellor's law firm;

WHEREAS, the combined effect of the loss of time from practice and out of pocket expenses incurred may discourage members who otherwise have the interest and desire to serve from seeking the office of Chancellor;

WHEREAS, other bar organizations, including the American Bar Association and the Pennsylvania Trial Lawyers Association have implemented systems whereby the president of the association is paid a stipend in order to defray some of the costs incurred as a result of his/her service to the Bar;

WHEREAS, payment of a stipend to defray out of pocket expenses incurred as a result of service as Chancellor may promote a greater diversity among candidates for the office of Chancellor;

NOW, THEREFORE, BE IT RESOLVED that the Board of Governors of the Philadelphia Bar Association approves the payment of a stipend in the amount of $15,000.00 to the Chancellor of the Philadelphia Bar Association effective as of January 1, 1997.

PHILADELPHIA BAR ASSOCIATION
BOARD OF GOVERNORS
ADOPTED: September 26, 1996