A 360 Degree View of Roles and Responsibilities Concerning Diminished Capacity: Financial Advisers' Obligations to Clients, Lawyers Representing Clients, and Lawyers Preparing Their Practices
PIABA Bar Journal, vol. 23, 2016
6 Pages Posted: 8 Nov 2016
Date Written: November 7, 2016
Cognitive decline or impairment is a problem that will undoubtedly arise in some aspect of a securities arbitration lawyer's practice. It may become an issue when reviewing how a financial adviser interacted with a client, when personally dealing with a client who has a potential claim, or in a lawyer's own practice. Understanding the obligations of all parties involved in this area better prepares lawyers to deal with the various issues associated with aging that will affect them and their clients.
Keywords: legal ethics, legal profession, diminished capacity, incapacity, cognitive decline, legal practice
JEL Classification: K19, K49
Suggested Citation: Suggested Citation