Showing posts with label Adivsory Committtee on Professional Ethics. Show all posts
Showing posts with label Adivsory Committtee on Professional Ethics. Show all posts

Saturday, June 4, 2011

Using Legacy of Watergate, John Dean to Teach Ethics - NYTimes.com

John Dean in 2006 (AP photo)
Using Legacy of Watergate, John Dean to Teach Ethics - NYTimes.com: "When John W. Dean III testified before the Senate Watergate Committee in June 1973, he handed over a list of names of those in the Nixon administration he believed had broken the law. His own name was on the list, along with 15 others.


Senator Herman Talmadge asked about an odd feature of the list: asterisks. Why, the Georgia senator asked, had the former White House counsel placed an asterisk by more than two-thirds of the names?


Because, Mr. Dean replied, each was a lawyer."

Wednesday, December 8, 2010

NJ Ethics Committee Blocks Surety's Demand that Attorney Protect Surety

photo of a stack of booksThe New Jersey Supreme Court's Advisory Committee on Professional Ethics  reviewed an inquiry  from an attorney who represents the administrator of an estate.  Opinion 719, published today, is binding in New Jersey, though any party affected (or bar association) may petition the state's Supreme Court for review.


The Administrator was required by the Surrogate to obtain a surety bond.  The Administrator, however, had poor credit and the surety companies to whom he applied set conditions  for issuance of the bond.  The conditions included an agreement by the attorney that the attorney  will remain involved in the matter; will pay the bond premiums; will protect the interests of the surety as well as the client administrator; will  provide legal services “for the benefit of the surety”; will exercise joint control over estate assets; and will  notify the surety if the client administrator breaches his or her fiduciary duty.  The inquirer asked whether he may, consistent with the Rules of Professional Conduct, comply with such conditions.  The Committee finds that compliance with these conditions is prohibited by the Rules of Professional Conduct:

An attorney who complies with these requirements becomes a co-fiduciary with the client administrator.  The attorney may not, consistent with the Rules of Professional Conduct, provide legal services to a client administrator under these circumstances.