In many ways, attorneys are well-suited to serve on the boards of directors of outside organizations. Attorneys are relied upon for their judgment in complex situations and are often well-connected in the business community, both of which are attractive qualities for all types of organizations.
It is no surprise that attorneys are commonly asked by organizations to serve on their board of directors. However, while there are many benefits for attorneys in serving on boards, and there is nothing inherently unethical about an attorney serving on a board, there are also a number of potential risks. Accordingly, before agreeing to serve on an outside board, it is helpful to first consider how some of the risks can be mitigated.
Common Risks
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