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SUPREME COURT OF LOUISIANA NO. 99-B-3435

IN RE: DWIGHT D. REED

ATTORNEY DISCIPLINARY PROCEEDINGS

PER CURIAM*
This disciplinary matter arises from a petition for consent discipline filed jointly by respondent, Dwight D. Reed, and the Office of Disciplinary Counsel ("ODC") prior to the institution of formal charges.

UNDERLYING FACTS In June 1998, the ODC received information suggesting that respondent was improperly handling funds in his client trust account. The ODC requested and received copies of respondent's bank records. Upon investigation, it was determined that respondent commingled and converted $2,000 belonging to a client. Respondent subsequently repaid these funds.

DISCIPLINARY PROCEEDINGS Prior to the filing of formal charges in this matter, respondent and the ODC jointly filed a petition seeking consent discipline. Respondent admitted that his conduct violated Rule 1.15(a) (safekeeping property of clients or third persons) of the Rules of Professional Conduct. For this misconduct, respondent and the ODC proposed that respondent be suspended from the practice of law for a period of six months, deferred, subject to one year of supervised probation. The parties further agreed that as a condition of probation, respondent's client trust account, and the financial records associated with this account, will be reviewed monthly by a CPA during the period of probation. Furthermore, they stipulated respondent will be responsible for all costs associated with this proceeding, including all costs of probation.

*

Lemmon, J., not on panel. Rule IV, Part II,

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