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By Mark Hinderks (August 12, 2022, 4:04 PM EDT) -- Unlike other businesses, law firms face conflict of interest rules that may derail or affect a merger, or that may cause them to lose a new or even an existing client.
Consider three scenarios:
Business A desires to merge with Business B. However, one of Business A's customers is involved in litigation against one of Business B's customers.
Business A desires to do business with a new customer that would significantly enhance its revenue, but a different customer that has done or now does a smaller amount of business with A is in an intellectual property dispute with A's prospective new...
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August 13, 2022 at 03:04AM
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A Law Firm's Guide To Avoiding Client Conflicts - Law360
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