ABA Section of Business Law
eSource
Ethics Corner: Doing Business with Clients; Taking Securities in Lieu of Fees.
- Suppose a lawyer wishes to purchase a house from a client or wants to start a non-law business in partnership with a client - a saloon, perhaps. Or, suppose a lawyer wants to take securities from a client in lieu of fees. The analysis starts with ABA Model Rule 1.8(a), of which every state has a version.
