Ethics/Professional Responsibility
Nov. 4, 2022
The rules and ethics of investing in a client’s business
As long as attorneys comply with certain requirements, entering into investment transactions is generally permitted by the California Rules of Professional Conduct.
Attorneys with corporate clients may provide legal advice in a variety of circumstances, from advising on simple business transactions, handling litigation over business disputes, and overseeing mergers with or acquisition of other companies. Over time, some attorneys and corporate entities may build lasting relationships.
For some, a natural evolution of this bond is for lawyers to financially invest in their corporate clients or in their...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In