Limit Mandatory Arbitration Clauses in Retainer Agreements
The Delaney decision reaffirms a principle which we all should have taken from law school that, although there is businessperson component of what we do, we are, first and foremost, fiduciaries.
January 24, 2021 at 09:00 AM
6 minute read
In the lawyer-client relationship, there is a built-in tension between the lawyer-professional role and the lawyer-businessperson role. That tension is often most taut at the outset. The client wants access to the lawyer's knowledge. The lawyer wants a fee. The lawyer-businessperson wants to maximize profits and minimize loss, but the lawyer-professional is constrained by rules of professional propriety.
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