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.
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