Earlier this month, the Ohio Board of Professional Conduct (“Board”) issued an Opinion which provides guidance to attorneys engaged or contemplating engaging in an office-sharing arrangement. Sharing office space has many enticing advantages for lawyers such as reducing overhead and having access to other attorneys to collaborate with, all while maintaining a sense of independence.
Law Practice Management
ABA opinion sheds insight as to permissible solicitation tactics
Marketing is an integral part of the private practice of law. But where is the line between permissible advertising tactics and impermissible solicitation? Often it is hard to find guidance to tell you on which side of that line your marketing strategies fall. The recent ABA Opinion 501 may help. It sets forth several hypotheticals…
Lawyer trust accounts and unclaimed funds: what are your duties?
Remember your first days in law school, when you were introduced to a whole Black’s Law Dictionary-worth of exotic legalese? Words like “estop,” “arguendo” and “gravamen”? (If you’re like us, you’ve spent your post-school days learning how to avoid this jargon and write plain English; but we digress.) Remember “escheatment”? The term of course…
Law firm arbitration agreement with client requires full disclosure of upside and downside, NJ court rules
Law firms that want to include mandatory arbitration provisions in their client engagement agreements must explain to the client the benefits and disadvantages of arbitrating a prospective dispute, the New Jersey state supreme court held late last year — and merely providing a link to the arbitration rules doesn’t satisfy the requirement, the court said. …
COVID-ethics: NY okays withdrawal from representation based on fear of infection
Can you ethically withdraw from representing a client if you fear contracting COVID-19 as a result of some aspect of the representation? Earlier this month, the New York State Bar Association issued an ethics opinion that said “Yes,” provided that the lawyer gets any necessary permission from a tribunal. While advisory for New York lawyers…
Take stock instead of legal fees? Take a hard look and mind the ethics rules
One market effect of the ongoing COVID-19 pandemic is that transactional clients might be eager to offer you stock or some other form of participation in a deal in lieu of your legal fees. An uptick in proposals like this could come as clients try to limit cash outlays until the business climate and their…
Can you buy groceries for a client? NYC bar urges ethics rule reform
Lawyers should be allowed to help provide “basic financial assistance to indigent clients — such as money for groceries, clothes or medical supplies,” the New York City Bar Association said last week in a letter to the state’s courts. In light of the urgent need caused by the corona virus pandemic, the group is seeking…
Ethics and risk management: What will the “new normal” look like?
When we scheduled our daughter’s wedding for March 15 in New York City, little did we know how surreal the world would be by then. The wedding did happen, with a much-reduced number of guests, hand sanitizer on each table, and with the hora joyously danced with gloves on. The next day, the governor banned…
Ponzi schemer misused funds, but Fox Rothschild not liable to non-client says NJ supreme court
“Attorneys carry substantial responsibility, but it is folly to suggest it is limitless,” said the New Jersey Supreme Court last week. The court ruled that when the Fox Rothschild firm complied with its client’s disbursement instructions it did not thereby convert funds that a non-client had wired to the firm’s trust account — even though,…
Five ways to stay out of ethics trouble in 2020
As 2020 kicks off, let’s take a look back at situations that got lawyers into ethical hot water last year. They each point to some ways you can stay out of trouble this year.
1. Talk nicely
As widely reported, calling your opposing counsel a “bowl of d- – ks,” among other epithets is…