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President's Report
 An Update on the State of the
 Bar Association
 by Thomas A. Daily

     In the summer issue of The Arkansas Lawyer this space was used to deliver a sort of State of the Bar Association message. Much has transpired in the short time since that issue. We shall thus update.
     At an historic meeting held December 12, the membership of the Arkansas Bar Foundation voted to authorize the sale of part or all of the Bar Center Building upon terms agreeable to the Foundation's board of directors. This was not an easy decision, but it was the right decision. The empty space within that beloved building exceeds, by far, the needs of the Association and Foundation. Except for our own offices, the building is vacant and essentially unrentable. The entire structure is desperately in need of very costly renovation. Meanwhile its minimum utilities, insurance and upkeep alone will exceed $100,000 per year. Of course there is no more rent from the now expired thirty-year lease with the U.A.L.R. Law School and Pulaski County Law Library.
     At this writing we are negotiating the terms of sale. We do not yet know whether those terms will involve the Foundation continuing to own a portion of the building or whether it will sell the entire structure. With the former option we will remain in the building and remodel the portion which we would own and occupy. In the latter case, we will remain in the building as a tenant for at least thirty months while we plan for a new home elsewhere. Either scenario will ultimately involve a capital funds drive. I am confident that drive will succeed in raising enough money to provide the Association and Foundation with a top quality Bar Center for many years to come.
     As we observed in the summer Lawyer, a side effect of the termination of the Law School lease was the simultaneous termination of the Association's own long-term lease for space within the Bar Center. With the expiration of that lease, the Association's office occupancy expense was in for a drastic increase. That occupancy expense increase comes at a time when we have also experienced increases in the cost of virtually every thing else on the expense side of our budget.
     We spent the second half of 2003 examining our budget on both income and expense side. We did find ways to save. For example, we will spend $20,000 less by publishing our membership directory on-line over the Association's web site than we spent on the paper book. At the same time, the new directory is easier to use and always up to date. But, at the end of the day, we were still looking at severe deficits which, over just a short time, would consume the Association's hard-saved reserves. A dues increase is the only responsible alternative.
     The Association has not increased dues in over a decade. It must do so now to remain financially viable. A special task force of Association leaders chaired by Board of Governors Chair Price Marshall thus formulated a proposal for an increase of every dues paying category of membership. That proposal was unanimously endorsed by resolution of the whole Board of Governors and will have been voted upon by the House of Delegates at the January Mid-Year meeting.
     Life is full of hard decisions and 2003 was fuller than most years. Still, I am happy that we have made those tough choices, because I know that we are ensuring a future which otherwise would be much in doubt. I trust that you, the membership, will support them as well.
     Now, here is a piece of good news. Arkansas VersusLaw is getting even better. The database of Arkansas Attorney General's opinions is complete. Also included now are the Arkansas Model Civil Jury Instructions. The Law Reviews from both of our law schools are coming on soon, as are United District Court cases from the entire nation extending back about fifty years.
     Even more exciting is an option coming this spring. Those members who need to research federal statutes and regulations will be able to subscribe to an annotated version of United States Code and the entire Code of Federal Regulations through Arkansas VersusLaw for a mere $20 per month.
     Both of these products will be among the most current and comprehensive products available on the Internet. The USC, for example, is up to one year more current than the Code that is provided on the US Government web site, and we are promised that it will be months more current than the US Code products provided by other online legal research companies. The CFR is 24 hours current (if it was in the Federal Register yesterday, it will be in the online product today). Moreover, the version of CFR provided by Arkansas VersusLaw will be very user-friendly, providing several ways in which to search the material.
     The USC/CFR add-on service will be totally optional. If you need to do federal statutory and/or regulatory research, subscribe to it. If you do no practice in those areas, do not subscribe. We will use the honor system. (Lawyers are the most honorable people I know.) All of the rest of Arkansas VersusLaw is, and will remain, a free member benefit.
     It has been a busy year and it is barely half done. Please stay tuned for the next chapter.•

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