Question:
If I ever become an attorney that specializes in criminal defense, I would get one of my long time friends to manage my bail bonds business. That sounds extremely profitable and smart to do. You simply co-own it along with your partner and still manage your own practice full-time.
I was just wondering if this is against the law or the laws of the Bar Association. Perhaps ethics laws or a conflict of interest. ?
Thanks for the responses!
Answer:
The rules governing the conduct of attorney, including both ethics laws and conflict rules, are set by the states which license them.
no this would be in violation you cant be in business with a non-lawyer on matters relating to your legal practice.
Yeah that woudl be a conflict of interest.
What happens in the real world is you and your friend formally remain completely seperate, but you refer your clients to him, he refers his clients to you but you make your profits seperately.
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