Page 174 - 2021bogOrientationManual

FOOTNOTES

LOUISIANA STATE BAR ASSOCIATION

2020/2021 BUDGET

INCOME

(1) Current or previous year’s dues projected as follows:
In practice 3 years or less = 1,500 members @ $80 $ 120,000
In practice more than 3 years = 21,000 @ $200 4,200,000
New admittees = 300 @ $80 24,000
Less projected 50+ year members = 1,086 @ $200 (217,200)
Less projected Inactive Requests & Ineligible Status = 200 (40,000)
Less Emeritus Members = 200 (20,000)
Less Hardship Exemptions = 200 (40,000)

TOTAL $ 4,026,800

(2) Based on reinstatement of 240 ineligible members @ $50/member.

(3) Projected CLE revenue as follows:
 Registration income from 40 CLE seminars based on prior years.
 Sponsorship income based on prior years.
 Projected income from online CLE from InReach based on prior years.

(4) Based on actual income in FY 2018/2019. No meeting in FY 2019/2020

(5) Projected income from registration and sponsorships based on prior years.

(6) Projected income from registration fees, exhibit fees and sponsorships based on prior year.

(7) Projected income from registration fees.

(8) Rental of membership lists at following rates and based on prior years’ revenue:
 Louisiana law schools (largest volume purchasers) - .06 per name
 Other purchasers - .10(lists)/.12 (labels) per name

(9) Anticipated revenues from Louisiana Bar Journal sale of display/classified advertising,
royalties, and subscriptions based on prior years. Due to Covid-19, some advertisers may
decide to wait to renew contracts based on their loss income. If this happens, we may have
a reduction in income.

(10) Anticipated revenues from sale of display and classified advertising in “Bar Briefs”. Due to
Covid-19, some advertisers may decide to wait to renew contracts based on their loss
income. If this happens, we may have a reduction in income.

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