conflict of interest
Quick Summary
A conflict of interest in law occurs when a person in a position of trust has competing private interests and official responsibilities. This situation can compromise their ability to act impartially. Legal ethics, which are principles of conduct for legal professionals, aim to prevent such conflicts.12
Lawyers are generally prohibited from representing clients whose interests conflict with those of another client, unless both parties consent after full disclosure. This prohibition extends to situations where a lawyer's personal interests might detract from their client representation. For instance, a lawyer cannot represent both a buyer and a seller in a transaction, nor can they purchase property they are retained to acquire for a client. These rules are crucial for maintaining the integrity of the legal system and ensuring fair administration of justice.2
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