An Auckland property lawyer has been suspended from practising while he faces allegations he misused more than $100,000 of client funds.
The New Zealand Lawyers and Conveyancers Disciplinary Tribunal this month made an interim order suspending Bruce Harvey Reid from practising law because of the "serious risk posed to clients".
The interim suspension was made the day after charges were filed against Reid with the tribunal by a Law Society standards' committee.
"The allegations in the charges relate to alleged misappropriation of client funds and therefore are at the very serious end of the spectrum of conduct considered by the tribunal," tribunal chairwoman Judge Dale Clarkson said.
The Law Society standards committee said the alleged misappropriations were not denied at this stage and Reid had indicated he accepted he "must account to his clients for all funds" and has "accepted in writing his wrongdoing".