Addressing a Conflict of Interest in a Joint Representation.
If you and your business partner still insist on the services of one lawyer, you would be relieved to know that the existence of a conflict of interest does not necessarily preclude a lawyer from representing more than one client in the same transaction. But it is something that needs to be addressed proactively in light of all the facts and circumstances.
First, the lawyer needs to determine whether a conflict of interest exists and, if so, whether it can be waived by the clients’ informed consent. … Read the rest