Tip of the Month

Tip for October 2015

Check for Conflicts when a New Party Joins a Case or Transaction

Conflicts of interest somethimes arise when new parties become involved in a matter or if the ownership or affiliation of an entity changes. Law firms should have in place a policy that requires supplemental searches for conflicts of interest whenever a new aprty becomes involved in a matter, the ownership of a party changes, a party merges with another entity or a party changes its name or its role in a matter. New information of this sort should be added to the firm's conflict of interest data base.