Audio and Video | On-Demand CLE
What You Should Know: Legal Ethics Pitfalls and Hot Issues Attorneys Encounter [CC}
Formal Ethics Opinion 98-410 (downloadable pdf)
Formal Ethics Opinion 98-410 (downloadable pdf)
Lawyer Serving as Director of Client Corporation The Model Rules of Professional Conduct do not prohibit a lawyer from serving as a director of a corporation while simultaneously serving as its legal counsel, but there are ethical concerns that a lawyer occupying the dual role of director and legal counsel should consider.
$7
NON-MEMBERS
$7
MEMBERS
$0
SECTION MEMBERS
*Additional discounts may apply at checkout
Log In to view your rate
The lawyer should reasonably assure at the outset of the dual relationship that management and the other board members understand the different responsibilities of legal counsel and director; understand that in some circumstances matters discussed at board meetings with the lawyer in her role as director will not receive the protection of the attorney-client privilege; and understand that conflicts of interest could arise requiring the lawyer to recuse herself as a director or to decline representation of the corporation in a matter. During the dual relationship, the lawyer should exercise reasonable care to protect the corporation's confidential information and to confront and resolve conflicts of interest that arise. From the discussion of these ethical concerns, the Committee derives general guidelines that a lawyer should follow.
Product Details
Sponsors
Center For Professional Responsibility
Product Code
5611100410
Related On-Demand CLE
Audio and Video | On-Demand CLE
Watch Where You Set Your Virtual Foot - The Ethics of Virtual Lawyering (On-Demand CLE)
Audio and Video | On-Demand CLE
A Lawyer's Worry: Ethics Issues in Investigations (On-Demand CLE)
Related Events
Apr
08
Events | Webinar
What's a Young Tax Attorney to Do When...?
ETHICS 90 min
This webinar will explore the kinds of ethical problems young lawyers are likely to encounter in their first years of practice and will remind them of the applicable rules in Circular 230 and the Cod…
Jan
07
Events | Webinar
Back to Basics on the Ethics of Federal Tax Practice: Best Practices 101
This “Back to Basics” panel is intended as a refresher course in ethical issues that frequently arise in tax practices. There are various authorities that provide guidance and determine standards for…
Mar
22
Events | In-Person
Admiralty and Maritime Law Conference: Admiralty Disruption
ETHICS 90 min
Join ABA TIPS Admiralty and Maritime Law Committee for the very 1st Admiralty Disruption Conference in New Orleans, LA. March 22-23, 2019 at the Sheraton New Orleans Hotel, conveniently located at th…