Lawyers as Directors: Who Serves and Why?

Martyn, Susan R.

Abstract

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Lawyers as Directors: Who Serves and Why?

Susan R. Martyn

University of Toledo - College of Law

1996

1996 Symposium, The Professional Lawyer 107. Reprinted in THE LAWYER-DIRECTOR: IMPLICATIONS FOR INDEPENDENCE; REPORT OF THE TASK FORCE ON THE INDEPENDENT LAWYER (American Bar Association Section of Litigation 1998)

Abstract:
A survey returned by 800 lawyers indicates that few serve as board members of client companies. A majority of respondents do not favor a change in current ethics rules, which allow the practice with client informed consent. Lawyer service on non-profit client boards may be the only source of legal advice available. A model consent form calling attention to typical conflicts of interest is suggested.

Number of Pages in PDF File: 24

Keywords: Empirical Study, Lawyer-Directors, Trends, Non-profit Boards, Conflict of Interest, Informed Consent

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Date posted: July 11, 2008 ; Last revised: May 11, 2012

Suggested Citation

Martyn, Susan R., Lawyers as Directors: Who Serves and Why? (1996). 1996 Symposium, The Professional Lawyer 107. Reprinted in THE LAWYER-DIRECTOR: IMPLICATIONS FOR INDEPENDENCE; REPORT OF THE TASK FORCE ON THE INDEPENDENT LAWYER (American Bar Association Section of Litigation 1998) . Available at SSRN: http://ssrn.com/abstract=1158032

Contact Information

Susan R. Martyn (Contact Author)

University of Toledo - College of Law ( email )

2801 W. Bancroft Street
Toledo, OH 43606
United States
419 530-4212 (Phone)
419 530-2821 (Fax)