The business of commercial legal advice and the ethical implications for lawyers and their clients
Journal of Business Ethics 81 (4):913 - 926 (2008)
| Abstract | Company directors and executives seek legal advice outside the company on a regular basis. This advice is meant to be given within the context of the lawyers’ professional obligations and ethical practise. What clients may not appreciate is there is often a conflict of interest between the lawyers’ professional and ethical concerns and the legal advice business. If lawyers follow their business interests, their advice may be incomplete especially in relation to the ethical consequences of that advice. This could lead to a compromise of the clients’ commercial interests and even raise doubts in relation to the legality of the clients’ proposed course of action. | |||||||||
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Karl J. Mackie (1989). Business Regulation, Business Ethics and the Professional Employee. Journal of Business Ethics 8 (8):607 - 616.
Richard L. Abel (2008). Lawyers in the Dock: Learning From Attorney Disciplinary Procedings. OUP USA.
Geoffrey C. Hazard (2004). Legal Ethics: A Comparative Study. Stanford University Press.
Suzanne le Mire (2011). Testing Times: In-House Counsel and Independence. Legal Ethics 14 (1):21-47.
Joanne Stagg-Taylor (2012). Lawyers' Business: Conflicts of Duties Arising From Lawyers' Business Models. Legal Ethics 14 (2):173-192.
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