What is considered a conflict of interest with lawyers?
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What is considered a conflict of interest with lawyers?
to tell you about any matter which might reasonably be regarded as a conflict of interest. If your lawyer does have an interest in the matter where they are acting for you, and that interest is adverse to your interests, the Rules require your lawyer to stop acting for you, unless you agree that they can continue.
Can the same attorney represent buyer and seller?
Real estate deals can get tricky at times. Especially when both parties – buyer and the seller, approach the same lawyer! However, they can hire lawyers from the same law firm. As per the laws of the Law Society, an attorney cannot represent both parties simultaneously to avoid any possibility of conflict of interest.
What is interest based conflict?
Definition & Examples of a Conflict of Interest A conflict of interest occurs when a party has competing interests or loyalties because of their duties to more than one person or organization. A person with a conflict of interest can’t do justice to the actual or potentially conflicting interests of both parties.
