“Lawyer, Can You Spare a Dime? The Ethical and Legal Implications When a Lawyer Enters into a Business Transaction with a Client,” ALAS Loss Prevention Journal
Publications
July 21, 2022
In this article for ALAS, the Attorneys’ Liability Assurance Society, Jenner & Block Partner John R. Storino and Associate Christina T. Lopez address the rules of professional conduct implicated by common client business transactions and the malpractice risks associated with this business decision. Firms that allow such deals, the lawyers suggest, “should thoroughly consider the risks associated with doing so and establish clear policies and procedures to vet, monitor, and regulate such transactions.”
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© 2026 Jenner & Block LLP. Attorney Advertising. Jenner & Block LLP is an Illinois Limited Liability Partnership including professional corporations. This publication, presentation, or event is not intended to provide legal advice but to provide information on legal matters and/or firm news of interest to our clients and colleagues. Readers or attendees should seek specific legal advice before taking any action with respect to matters mentioned in this publication or at this event. The attorney responsible for this communication is Brent E. Kidwell, Jenner & Block LLP, 353 N. Clark Street, Chicago, IL 60654-3456. Prior results do not guarantee a similar outcome. Jenner & Block London LLP, an affiliate of Jenner & Block LLP, is a limited liability partnership established under the laws of the State of Delaware, USA and is authorised and regulated by the Solicitors Regulation Authority with SRA number 615729. Information regarding the data we collect and the rights you have over your data can be found in our Privacy Notice. For further inquiries, please contact dataprotection@jenner.com.
Publications
July 21, 2022
In this article for ALAS, the Attorneys’ Liability Assurance Society, Jenner & Block Partner John R. Storino and Associate Christina T. Lopez address the rules of professional conduct implicated by common client business transactions and the malpractice risks associated with this business decision. Firms that allow such deals, the lawyers suggest, “should thoroughly consider the risks associated with doing so and establish clear policies and procedures to vet, monitor, and regulate such transactions.”
Related Lawyers
Related Locations
© 2026 Jenner & Block LLP. Attorney Advertising. Jenner & Block LLP is an Illinois Limited Liability Partnership including professional corporations. This publication, presentation, or event is not intended to provide legal advice but to provide information on legal matters and/or firm news of interest to our clients and colleagues. Readers or attendees should seek specific legal advice before taking any action with respect to matters mentioned in this publication or at this event. The attorney responsible for this communication is Brent E. Kidwell, Jenner & Block LLP, 353 N. Clark Street, Chicago, IL 60654-3456. Prior results do not guarantee a similar outcome. Jenner & Block London LLP, an affiliate of Jenner & Block LLP, is a limited liability partnership established under the laws of the State of Delaware, USA and is authorised and regulated by the Solicitors Regulation Authority with SRA number 615729. Information regarding the data we collect and the rights you have over your data can be found in our Privacy Notice. For further inquiries, please contact dataprotection@jenner.com.
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