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Exhibit 23(j)
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CONSENT OF INDEPENDENT ACCOUNTANTS
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We hereby consent to the incorporation by reference in this Post-Effective
Amendment No. 22 (File No. 33-34929) under the Securities Act of 1933 and Post-
Effective Amendment No. 24 (File No. 811-06110) under the Investment Company
Act of 1940 to the Registration Statement on Form N-1A of our report dated May
5, 2000, relating to the financial statements and financial highlights that
appear in the March 31, 2000 Annual Report to Shareholders of Western Asset
Intermediate Portfolio, Western Asset Core Portfolio, Western Asset Core Plus
Portfolio, and Western Asset Non-US Fixed Income Portfolio of LM Institutional
Fund Advisors I, Inc., which is also incorporated by reference into the
Registration Statement. We also consent to the references to us under the
headings "Financial Highlights," "Independent Accountants," and "Financial
Statements" in such Registration Statement.
In addition, we consent to the inclusion in the Statement of Additional
Information, constituting part of this Registration Statement, of our report
dated July 27, 2000, on our audit of the financial statements of Western Asset
Money Market Portfolio, a portfolio of LM Institutional Fund Advisors I, Inc.,
as of March 31, 2000, and for the year then ended.
PricewaterhouseCoopers LLP
Baltimore, Maryland
July 27, 2000