Serving On A Client’s Board Has Both Pitfalls and Benefits

July 20, 2010 – In The News
The Legal Intelligencer

It may be common for attorneys to sit on their client’s governing boards, but it can be a tricky situation to navigate and requires good judgment on possible conflicts of interest.

Abraham C. Reich said that in 1998 the American Bar Association issued a formal opinion on this that stated attorneys can serve on boards, but must remember their dual roles. Reich noted that many still think it is a bad idea and that it increases the risk of malpractice.