A recent article from the Brennan Center reports that in an attempt to reverse 14 years of salary “stagnation,” the American Bankruptcy Institute (ABI) supports legislation giving bankruptcy judges a 50 percent pay raise. ABI chairman John D. Penn writes, “…retaining and attracting the top member[s] of the legal profession is vital to the administration of the bankruptcy system.” Nonetheless, a steady flow of bankruptcy judges has left the profession seeking higher pay in the midst of growing caseloads and complex cases.

Judges’ salaries have not changed since 1993, and have fallen by 25 percent since 1969. The Federal Judicial Salary Restoration Act, sponsored by Senator Patrick Leahy (D-VT) and submitted to the Senate Judiciary Committee in June, would give raises to judges in district courts, appeals courts and the Supreme Court.  For the full text, see: http://www.chicagotribune.com/business/chi-070731-bankruptcy-judgesalary,0,6540203.story or www.brennancenter.org.

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