Pro Bono - Explained
What does Pro Bono Mean?
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What is Pro Bono?
Pro Bono is coined from the Latin phrase pro bono publico. Pro bono means working for the public, and its popularly utilized in the legal profession. Generally, it refers to professional services offered voluntarily at no cost to the recipient. The individual providing the pro bono service might usually do so to a party that cant afford the service. By so doing, the provider is seen as one who is imparting a benefit for the greater good, as against the conventional profit motive.
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Likely recipients of pro bono services include: Individuals of limited means. Charitable, civic, religious, community, educational, or religious organizations established to mainly cater for individuals or families of limited means. Immigrants, as well as, immigrant communities.
Nascent non-profit groups seeking to grow their logistical and organizational establishment, where paying the standard fees would greatly hemorrhage or fully deplete the economic resources of the organization. Many foundations exist which are established solely for recruiting pro bono experts for whom they provide them with resources and also technical support.
Some of the resource centers have funds that help pro bono financial planners settle out-of-pocket expenses like document production, copying, and also postage fees. The benefit of organized programs is that they help experts interested in donating both their time and services, but do not personally know individuals needing pro bono financial advice.