Prominent lawyer Doug Moores has been suspended for three months after admitting that he broke nine of the Newfoundland and Labrador Law Society's rules.

The Bay Roberts lawyer will also have to pay $40,000 before resuming his practice in order to cover the costs related to his disciplinary hearing.

Moores, who has been a lawyer for 41 years, admitted during his hearing in July 2013 that he violated rules in the handling of 11 real estate transactions between 2009 and 2011.

The Law Society said there was indication of potential mortgage fraud in these transactions, but that Moores himself did not knowingly do anything dishonest.

According to the society, the misconduct came from how much Moores delegated responsibility for the transactions to his legal assistants.

Moores' suspension took effect on Saturday.