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The American Bar Association on Friday issued an ethics opinion, advising lawyers that it's OK to barter legal services in return for stock in start-up corporations, as long as clients are warned about possible conflicts of interest. The opinion comes after the ABA's ETHICSearch research service fielded inquiries about the arrangements, and media reports of tech companies poaching lawyers from firms with promises of higher salaries and stock options.
July 07, 2000 at 12:00 AM
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The original version of this story was published on Law.Com
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