Waiver Of Conflict Of Interest Template With Attorney General
Description
How to fill out Sample Attorney Conflict Of Interest Waiver Letter?
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FAQ
An example of a conflict that may be waived is where a lawyer represents a lender in some transactions but represents a borrower in an unrelated loan with the lender. In this scenario, the lawyer cannot undertake the representation without the informed consent of both the lender and the borrower.
In very limited circumstances, a conflict will be unwaivable, but most conflicts can be waived with the affected party's informed consent. Under the Rules, no conflict can be waived without the affected party's informed consent. In some instances, that informed consent must be confirmed in writing.
How To Write a Good (And Ethical) Conflict Of Interest Waiver Identify the conflict of interest. ... Describe the workaround. ... Describe the upside of the client(s) waiving the conflict of interest. ... Describe the downside to the client(s) waiving the conflict of interest. ... Get it in writing. ... Take it home!
Thus, a conflict of interest can generally be waived if the lawyer believes that he or she can provide competent and diligent representation, the potential conflict is adequately described to the client, including the risks and foreseeable consequences, and the client gives its informed consent to the representation.