<P> In the legal profession , the duty of loyalty owed to a client prohibits an attorney ( or a law firm ) from representing any other party with interests adverse to those of a current client . The few exceptions to this rule require informed written consent from all affected clients , i.e. , an `` ethical wall '' . In some circumstances , a conflict of interest can never be waived by a client . In perhaps the most common example encountered by the general public , the same firm should not represent both parties in a divorce or child custody matter . Found conflict can lead to denial or disgorgement of legal fees , or in some cases ( such as the failure to make mandatory disclosure ) , criminal proceedings . In the United States , a law firm usually can not represent a client if its interests conflict with those of another client , even if they have separate lawyers within the firm , unless ( in some jurisdictions ) the lawyer is segregated from the rest of the firm for the duration of the conflict . Law firms often employ software in conjunction with their case management and accounting systems in order to meet their duties to monitor their conflict of interest exposure and to assist in obtaining waivers . </P>
<P> In the legal profession , the duty of loyalty owed to a client prohibits an attorney ( or a law firm ) from representing any other party with interests adverse to those of a current client . The few exceptions to this rule require informed written consent from all affected clients , i.e. , an `` ethical wall '' . In some circumstances , a conflict of interest can never be waived by a client . In perhaps the most common example encountered by the general public , the same firm should not represent both parties in a divorce or child custody matter . Found conflict can lead to denial or disgorgement of legal fees , or in some cases ( such as the failure to make mandatory disclosure ) , criminal proceedings . In the United States , a law firm usually can not represent a client if its interests conflict with those of another client , even if they have separate lawyers within the firm , unless ( in some jurisdictions ) the lawyer is segregated from the rest of the firm for the duration of the conflict . Law firms often employ software in conjunction with their case management and accounting systems in order to meet their duties to monitor their conflict of interest exposure and to assist in obtaining waivers . </P>
what does conflict of interest mean in law
what does conflict of interest mean in law
duty of loyalty owed to a client prohibits an attorney ( or a law firm ) from representing any other party with interests adverse to those of a current client
duty of loyalty owed to a client prohibits an attorney ( or a law firm ) from representing any other party with interests adverse to those of a current client