The attorney-client relationship affords a distinct, invaluable right to have communications protected from compelled disclosure to any third party. I. Source of the Privilege.Moreover, although a corporation's decision to waive its privileges was only a "non-mandatory" factor5 in the government's charging calculus, most attorneys. While it is presumed that the privilege encourages communications between clients and attorneys, that presumption has not been verified empirically. This publication is not intended to provide legal advice but to provide general information on legal matters. The attorneyclient privilege is the backbone of the legal profession. It encourages the client to be open and honest with his or her attorney. Generally, if a third party is present during a communication between a client and their lawyer, then the attorneyclient privilege is waived. Privileged and protect against waiver. It gives attorneys the ability to have open and honest conversations with their clients, which is imperative in any industry.