Observed in the breach
As the Law Society signals its plans to relax the conflict of interest rules in England and Wales, Janine Griffiths-Baker looks at the results of her study earlier this year that found that City law firms routinely break rules on conflicts of interest. But is it the fault of the firms or the rules?
The first thing to emerge from my conversations with representatives of law firms was that conflicts do indeed pose a significant problem. Although solicitors have developed complex procedures for identifying potential conflicts, merely trying to secure work, or an approach from a potential new client, can create seemingly irreconcilable problems.
This premium content is reserved for
Legal Week Subscribers.
A PREMIUM SUBSCRIPTION PROVIDES:
- Trusted insight, news and analysis from the UK and across the globe
- Connections to senior business lawyers within the leading law firms and legal departments
- Unique access to ALM's unrivalled, market-leading reporting in the US and Asia and cutting-edge research, including Legal Week's UK Top 50 and Global 100 rankings
- The Legal Week Daily News Alert, Editor's Highlights, and Breaking News digital newsletters and more, plus a choice of over 70 ALM newsletters
- Optimized access on all of your devices: desktop, tablet and mobile
- Complete access to the site's full archive of more than 56,000 articles
Already have an account? Sign In Now
For enterprise-wide or corporate enquiries, please contact Paul Reeves on Preeves@alm.com or call on +44 (0) 203 875 0651