Rule
1.8 Conflict of Interest: Current Clients: Specific Rules
(a) A lawyer shall not enter into a business
transaction with a client or knowingly acquire an ownership, possessory,
security or other pecuniary interest adverse to a client unless
(1) the transaction and terms on which the lawyer acquires the interest are
fair and reasonable to the client and are fully disclosed and
transmitted in writing in a manner that can be reasonably understood by
the client;
(2) the client is advised in writing of the desirability of seeking and is
given a reasonable opportunity to seek the advice of independent legal
counsel on the transaction; and
(3) the client gives informed consent, in a writing signed by the client,
to the essential terms of the transaction and the lawyer's role in the
transaction, including whether the lawyer is representing the client in
the transaction.
(b) A lawyer shall not use information relating to
representation of a client to the disadvantage of the client unless the
client gives informed consent, except as permitted or required by these
Rules.
(c) A lawyer shall not solicit any substantial gift from a client,
including a testamentary gift, or
prepare on behalf of a client an instrument giving
the lawyer or a person related to the lawyer any substantial gift unless
the lawyer or other recipient of the gift is related to the client. For
purposes of this paragraph, related persons include a spouse, child,
grandchild, parent, grandparent or other relative or individual with
whom the lawyer or the client maintains a close, familial relationship.
(d) Prior to the conclusion of representation of a client, a lawyer
shall not make or negotiate an agreement giving the lawyer literary or media rights to a
portrayal or account based in substantial part on information relating
to the representation.
(e) A lawyer shall not provide financial assistance
to a client in connection with pending or contemplated litigation,
except that:
(1) a lawyer may advance court costs and expenses of litigation, the
repayment of which may be contingent on the outcome of the matter; and
(2) a lawyer representing an indigent client may pay court costs and
expenses of litigation on behalf of the client.
(f) A lawyer shall not accept compensation for
representing a client from one other than the client unless:
(1) the client gives
informed consent;
(2) there is no interference with the lawyer's independence of
professional judgment or with the client-lawyer relationship; and
(3) information relating to representation of a client is protected as
required
by Rule 1.6.
(g) A lawyer who represents two or more clients shall not participate
in making an aggregate settlement of the claims of or
against the clients, or in a criminal case an aggregated agreement as to
guilty or nolo contendere pleas, unless each client gives
informed consent, in a writing signed by the client. The lawyer's disclosure
shall include the existence and nature of all the claims or pleas
involved and of the participation of each person in the settlement.
(h) A lawyer shall not:
(1) make an agreement prospectively limiting the lawyer's liability to a
client for malpractice unless the client is independently represented in
making the agreement; or
(2) settle a claim or potential claim for such liability with an
unrepresented client or former client unless that person is advised in
writing of the desirability of seeking and is given a reasonable
opportunity to seek the advice of independent legal counsel in
connection therewith.
(i) A lawyer shall not acquire a proprietary interest
in the cause of action or subject matter of litigation the lawyer is
conducting for a client, except that the lawyer may:
(1) acquire a lien authorized by law to secure the lawyer's fee or
expenses; and
(2) contract with a client for a reasonable contingent fee in a civil case.
(j) A lawyer shall not have sexual relations with a
client unless a consensual sexual relationship existed between them when
the client-lawyer relationship commenced.
(k) While lawyers are
associated in a firm, a prohibition in the foregoing paragraphs (a)
through (i) that applies to any one of them shall apply to all of them.
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