Tip of the Month

Tip for May 2011

Check for Conflicts Whenever a New Party is Added

Conflicts of interest can arise when new parties are joined in litigation or to a transaction.  This might also occur when the ownership or affiliation of a party corporation changes.  Law firms should have in place a policy that requires supplemental conflict of interest searches be made whenever new parties appear, the ownership of a party occurs, a party merges with another entity or a party changes its name or its role in a transaction or case.  Any new information of this sort should be added to the firm's conflict of interest data base.