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This profile was last updated on 8/5/13  and contains information from public web pages.

Bruno E. DeMolli

Wrong Bruno E. DeMolli?

Staff Auditor and Investigator

State Bar Staff Agencies
 
Background

Employment History

Board Memberships and Affiliations

22 Total References
Web References
By Alice Neece Mine and Bruno ...
www.ncbar.com, 5 Aug 2013 [cached]
By Alice Neece Mine and Bruno DeMolli
...
Bruno DeMolli, staff auditor and investigator for the State Bar, rarely needs to be introduced to a member of the North Carolina State Bar. After 15 years of auditing the trust accounts of North Carolina lawyers, he is on a first name basis (or at least known by his first name) with most members of the bar. What isn't widely known is why Bruno arrives on the doorsteps of certain lawyers each quarter to determine the lawyers' compliance with the trust accounting rules, Rules 1.15-1 to 1.15-3, of the Revised Rules of Professional Conduct. On occasion, a lawyer concludes that she is being audited because she has done something to draw attention to herself. More often, audited lawyers are indignant because they believe that the bar should be investigating another, unnamed, lawyer in town who is the "type" to mishandle trust funds. But, despite the rumors to the contrary, lawyers are not picked for a trust account audit because they have drawn attention to themselves or they "fit the profile. Rather, every effort is made to be random in the selection of the lawyers whose trust accounts will be audited by Bruno during a particular quarter.
...
Each quarter, Bruno audits the trust accounts of 60 lawyers from two judicial district bars. The week before the quarterly meeting of the State Bar Council, a computer software program randomly selects six judicial districts from the 39 judicial districts in the state. Although only two judicial districts participate each quarter, the field of six names is necessary to avoid redundancy. A truly random software program that picks only two judicial districts each quarter has the disadvantage of potentially selecting the same judicial districts quarter after quarter. Several years ago, when the computer program was set to select the names of only two districts, one particular judicial district was picked three times in five years. (Needless to say, the lawyers in that district were a little more paranoid than usual about activities of their State Bar.) Under the current procedure, six districts are initially selected by computer to generate the field from which the final selections are made. Bruno reviews the list of six to determine how many times and the dates on which each district was selected since the inception of the random audit program. Bruno identifies the two judicial district bars that will be audited during the quarter by eliminating from the list the four judicial districts that have been audited most recently and frequently.
After Bruno selects the two district bars, the names of the 60 individual lawyers whose accounts will be audited must be determined.
...
After 15 years with the State Bar's random audit program, Bruno has visited all 39 judicial district bars a minimum of three times each and audited the trust accounts of well over 10,852 lawyers (representing 3,398 lawyers who were selected for audit plus the 7,454 lawyers who practice in the same firms as the selected lawyers). As a consequence, the name "Bruno DeMolli" has become synonymous with the name of the State Bar and with integrity and care in fulfilling a lawyer's duty to safe guard and account for client funds....Bruno also knows the best inexpensive eating establishments in the state. Just ask him the next time he randomly appears on your doorstep.
...
Bruno DeMolli is staff auditor and an investigator for the North Carolina State Bar.
The North Carolina State Bar
www.ncstatebar.org, 12 Nov 2006 [cached]
Bruno DeMolli Random Audits
This laxity is borne out by ...
www.lawyersmutualnc.com, 1 May 2012 [cached]
This laxity is borne out by the testimony of none other than State Bar auditor Bruno DeMolli, who reports that a whopping 60 percent of the law firms he visited during a recent audit sweep were not in compliance with the trust accounting requirements.
The North Carolina State Bar
www.ncbar.com, 20 Aug 2012 [cached]
Bruno DeMolli
The North Carolina State Bar
www.ncbar.com, 1 Mar 2001 [cached]
(or how to make Bruno change his tune)
...
The report of the ubiquitous Bruno DeMolli, staff auditor and investigator for the State Bar, is the first item on the agenda of every quarterly meeting of the Ethics Committee of the State Bar. After three months of auditing the trust accounts of lawyers across the state for compliance with the procedural requirements for trust accounts, Bruno returns to the capital city to tell the committee what he is finding out in the field. Unfortunately, Bruno’s presentations are more than a little repetitious: every quarter he reports that more than 50% of the trust accounts he audits are not in compliance with two key requirements of Rule 1.15 of the Revised Rules of Professional Conduct.
...
Nevertheless, as noted by Bruno every quarter, lawyers routinely fail to comply. Once a quarter, the individual balances for every client, as shown on the ledger of the general trust account, must be totaled and this total reconciled with the current bank balance of the trust account as a whole. Comment [14] for the rule explains: “[t]he current bank balance is the balance obtained when subtracting outstanding checks and other withdrawals from the bank statement balance and adding outstanding deposits to the bank statement balance.” Quarterly reconciliations promote accurate accounting for client funds by insuring that the running balances for each client when totaled equal the total funds on deposit in the general trust account. (Note that quarterly reconciliations are not required for dedicated trust accounts simply because the balance in a dedicated trust account, which contains the funds of one client or for one transaction, should readily reconcile with the current bank balance for the account.)
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