Examples Of Conflict Of Interest For Attorneys
Description
How to fill out Sample Attorney Conflict Of Interest Waiver Letter?
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FAQ
This could occur, for example, if an attorney is representing both parties in a divorce case. Another scenario: A party seeks representation from an attorney to sue a neighbor in a civil claims case. If the attorney also represents the neighbor's business, there would be a potential conflict of interest.
A conflict of interest occurs when an individual's personal interests ? family, friendships, financial, or social factors ? could compromise his or her judgment, decisions, or actions in the workplace. Government agencies take conflicts of interest so seriously that they are regulated.
If there is a ?significant risk? that the lawyer's interest in the matter will cause the lawyer to materially limit the representation of the client, then there is a conflict and the lawyer may not undertake the representation absent informed consent from the client.
A conflict of interest exists whenever the attorney, or any person represented by the attorney, has interests adverse in any way to the advice or course of action which should be available to the present client.
Possible conflicts of interest include hiring or promoting relatives and close friends, basing financial decision-making around personal interest rather than what's best for the business, or sharing confidential information with competitors. Any of these circumstances can harm other stakeholders in an organization.