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The basic formulation of the conflicts of interest rule is that a conflict exists "if there is a substantial risk that the lawyer's representation of the client would be materially and adversely affected by the lawyer's own interests or by the lawyer's duties to another current client, a former client, or a third person."
1.7-1.11: Conflicts of Interest, including restrictions on attorneys arising from current clients, [9] [10] former clients, [11] prior work as a government employee or judge, [12] [13] and association with law firms. [14] 2 Counselor 2.1: Attorney's role as a candid advisor on topics within and outside of the law. [15] 3 Advocate
Attorneys may be conflicted when they are simultaneously representing multiple people with potentially adverse interests, previously represented clients who shared confidential information that may now be relevant to the current client's interests, have a personal or financial interest adverse to the client, or are part of a firm or ...
The medical-industrial complex describes the conflict of interest present between physicians and the healthcare industry. [10] Physicians who invest in medical device companies may be biased towards certain medical devices or treatments, creating a conflict of interest between doing what is best for a patient versus what is in their best ...
Whether counsel is retained or appointed, the defendant has a right to counsel without a conflict of interest. If an actual conflict of interest is present, and that conflict results in any adverse effect on the representation, the result is automatic reversal. [8] The general rule is that conflicts can be knowingly and intelligently waived, [9 ...
According to the political scientist Andrew Stark, "[i]n self-dealing, an officeholder's official role allows her to affect one or more of her own personal interests." It is a form of conflict of interest. [1] Self-dealing may involve misappropriation or usurpation of corporate assets or opportunities. Political scientists Ken Kernaghan and ...
The following are examples of conflict that could be either intragroup or intergroup conflict. Conflict of interest is involvement in multiple interests which could possibly corrupt the motivation or decision-making. [16] Cultural conflict is a type of conflict that occurs when different cultural values and beliefs clash. [17]
Common examples of this relationship include corporate management (agent) and shareholders (principal), elected officials (agent) and citizens (principal), or brokers (agent) and markets (buyers and sellers, principals). [4] In all these cases, the principal has to be concerned with whether the agent is acting in the best interest of the principal.