Formal Ethics Opinion 02-427 (ebook)

    Formal Ethics Opinion 02-427 (ebook)

    Formal Ethics Opinion 02-427 (ebook)

    Contractual Security Interest Obtained by a Lawyer can be used to Secure Payment of a Fee
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    A lawyer who acquires a contractual security interest in a client's property to secure payment of fees earned or to be earned must comply with Model Rule 1.8(a). A lawyer may acquire such a security interest in the subject matter of litigation in which the lawyer represents the client; however, the acquisition of such a security interest must be authorized by law as required by Model Rule 1.8(i).

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    Center For Professional Responsibility

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    Publication Date

    5/1/2002 12:00:00 AM

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