STATE BAR TO PURSUE LOS ANGELES REAL ESTATE PURCHASE
San Francisco, Sept. 11, 2012 – The State Bar Board
of Trustees Operations Committee today authorized staff to pursue the purchase
of a building at 845 S. Figueroa St., Los Angeles. The purchase would allow the
bar, which has leased office space in Los Angeles since 1986, to once again own
all of its office space.
In 1986, an arson fire forced the bar to abandon its former
office building at 1230 W. Third St., Los Angeles, which it had occupied since
1960. The bar has leased its current L.A. location, 1149 S. Hill St., since the
early 1990s. The bar owns its San Francisco headquarters at 180 Howard St.
“I’m pleased that after a 26-year hiatus, the State Bar may
be able to return to the fiscally responsible position of owning rather than
leasing its office space in Los Angeles,” State Bar Board President Jon
Streeter said. “Ownership is a far more prudent investment of the members’
State Bar of California is an administrative arm of the California Supreme
Court, serving the public and seeking to improve the justice system for more
than 80 years. All lawyers practicing law in California must be members of the
State Bar. By September 2012, membership reached 238,000.