Fiduciary law often requires that all ancillary profits earned in the representation of a client belong to the client.
Not exact matches
In the U.S., we generally believe that publicly - held firms are to be managed for «shareholder value» (technically, the Securities Exchange Commission's Code of Ethics for CEOs only requires the firm to provide full, fair, accurate and timely financial reporting, and to flag any known conflicts of interest or violations of securities
law, but state
laws often impose stricter
fiduciary duties on the firm's top managers).
Fox Rothschild's Taxation & Wealth Planning attorneys not only provide clients with sophisticated estate planning advice to help preserve wealth, but we also assist trustees and executors with the administration of trusts and decedent's estates, helping them navigate the
often complicated system of intestacy
laws and providing advice regarding
fiduciary responsibilities.
Kevin has written numerous articles on professional liability,
fiduciary liability, technology, and insurance
law, and
often lectures on those topics.
A
fiduciary duty is
often regarded as the highest duty recognized by the
law.
Attorneys who are planning to leave a
law firm should have counsel to guide them and help prevent breaching any
fiduciary duties to the firm;
law firms experiencing the departure of one or more associates
often employ counsel to prevent the departing lawyers from damaging the business of the firm or improperly taking away client.