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closely-held entities

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Identifying client is key in representing closely-held entities

By Karen Rubin on March 26, 2015
Posted in Law Practice Management

ethics cubeWhen you represent a business entity, do you also necessarily represent the shareholders? How about the owners?  What if there are just two of them? Representing closely held entities can raise thorny ethics issues for business lawyers.  Model Rule 1.13(a) says that when you represent an organization, your client is the entity.   And when you…

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The Law for Lawyers Today is a resource for law firms, law departments and lawyers needing information to meet the challenge of practicing ethically and responsibly. Here you’ll find timely updates on legal ethics, the “law of lawyering,” risk management and legal malpractice, running your legal business— and more.

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