I) State Bar Association ethics opinions

Colorado Opinion 109 (2001)

Iowa Opinion 02-01 (09/18/02) Business transactions with clients; Fees; Conflicts of interest

Kansas Bar Association Opinion 98-06 (1998)

District of Columbia Ethics Op. 300 (2000)

District of Columbia Bar Association Opinion 179 (1989)

Ass'n of the Bar of the City of New York Comm. on Professional and
Judicial Ethics, Formal Op. 2000-3

Mississippi Bar Opinion 230 (1995)

Pennsylvania State Bar Association Opinions 2001-100 (2001), 91-60 (1991) and 89-158 (1989)

Virginia Ethics Op. 1131

II) Additional Materials

Rotunda and Dzienkowski, Lawyer's Deskbook on Professional Responsibility, § 1.8-2 (2005-06 ed.)

Rothrock, Fee Arrangements For The Mtv Generation, 32 Oct Colo. Law. 37 (2003)

Cridland, When The Lawyer Owns The Client: Equity Interests As Attorney's Fees 15 GEOJLE 759 (2002)

Minkoff, Ethical Considerations For Attorneys Involved In Venture Capital Transactions, 1267 PLI/Corp 917 (2001)

John S. Dzienkowski & Robert J. Peroni, The Decline in Lawyer Independence: Lawyer Equity Investments in Clients, 81 TEXAS L. REV. 405 (2002)

Thar, Taking an Equity Interest in a Client: Is It Worth the Risk?, 89 Ill. B.J. 101 (2001).

Gwyneth E. McAlpine, Comment, Getting a Piece of the Action: Should Lawyers Be Allowed to Invest in Their Clients' Stock?, 47 U.C.L.A. L. REV. 549 (1999)

Kahrl & Jacono, "Rush to Riches": The Rules of Ethics and Greed Control in the Dot.com World, 2 Minn. Intell. Prop. Rev. 51 (2001),

Debra Baker, Who Wants to be a Millionaire?, 86 A.B.A. J., Feb. 2000, at pp. 36, 37

Puri, Taking Stock of Taking Stock, 87 Cornell L. Rev. 99 (2001).

McQuiston, Ethical Issues in the Accceptance of Stock Options As Fee Payments for Legal Work, 6 Intell. Prop. L. Bull. 21 (2001)

Miller, Lawyers As Venture Capitalists: An Economic Analysis of Law Firms That Invest in Their Clients, 13 Harv. J.L. & Tech. 435 (2000)

The report of the ABA Litigation Section's Task Force on the Independent Lawyer. Section III of the Report, entitled Particular Transactions between Lawyers and Clients that raise issues Under the Law of Fiduciary Duty and Ethics that begins at page 40 of the Report.

Report: Business and Ethics Implications of Alternative Billing Arrangements, American Bar Association, Committee on Lawyer Business Ethics, published in the ABA Business Lawyer, November 1998