|For immediate release||May 1, 2015|
UPDATED JULY 31, 2015: SUSPENSION STAYED
Law Society suspends lawyer for backdating statements of account, improper handling of trust funds [updated April 5, 2016]
FOR IMMEDIATE RELEASE May 1, 2015
NOTE: This release was revised on May 13, 2015, to provide greater clarity on the panel decision.
Vancouver – The Law Society sets standards of professional responsibility for BC lawyers and articled students, and upholds those standards through a complaints and discipline process. These standards and processes are important to maintain public confidence and trust in lawyers. Accordingly, the Law Society has ordered that William Terrence Faminoff of Vancouver be suspended for professional misconduct.
Before a hearing panel, Mr. Faminoff admitted to eight allegations of conduct occurring between January 1, 2007, and June 15, 2010, and the panel found those actions to constitute professional misconduct. The proven misconduct includes backdating clients’ statements of account with the intention of misleading the Law Society, improper handling of clients’ trust funds, withdrawing funds from a client’s trust account when there were insufficient funds in the client’s account at the time, failure to maintain accounting records, and breach of undertakings he made to the Insurance Corporation of British Columbia.
The panel found that there was no loss or harm and no advantage gained by Mr. Faminoff by his conduct. Mr. Faminoff will be suspended for two months beginning July 1, 2015, and will be required to pay hearing costs of $8,430.
The suspension has been stayed until Dec.15, 2015 or further order of the Review Panel. A written decision will be issued in due course.
[updated April 5, 2016]: The stay of suspension has been extended until disposition of the review or further order of the review panel.
Written reasons for disciplinary action are available here.
The Law Society of British Columbia regulates the more than 11,000 practising lawyers in the province, setting and enforcing standards of professional conduct that ensure the public is well-served by a competent, honourable legal profession.
For further information or to arrange an interview contact: