Given a text, write a compressed version of it in a single sentence.
--------
Question: It would be the highest-level contact between the United States and North Korea since President Bush took office.

Answer: It would be the highest-level contact b/t the US and North Korea since Bush began.

Question: Among the nominations for the NLJ's award were a number of lawyers who performed significant pro bono work that helped nonprofit organizations provide legal services to the needy.

Answer: Many lawyers involved in pro bono work to help nonprofit organizations give legal services to the needy were nominated for NLJ's award

Question: While many banks continued to pay the same rates in 2001 that they paid in 2000, others reduced the rates they pay. In fact, the average IOLTA interest rate paid in 2000 by all of the participating banks was 1.6 percent.

Answer:
While many banks continued to pay the same rates in 2001 that they paid in 2000, others reduced the rates they pay.