Corporate Lawyer-Client Relationships: Bankers, Lawyers, Clients and Enduring Relationships

40 Pages Posted: 15 Feb 2007 Last revised: 14 Mar 2017

John Flood

Griffith University Law School; University of Westminster School of Law; University College London

Date Written: June 4, 2016

Abstract

(Published Legal Ethics 2016) The relationship between law firms and banks has a long history. Bankers and lawyers constantly work together on transactions so that their relationships are deep and enduring. Through the use of ethnography and interviews this paper examines this relationship and that of the lawyer and client. Because of the unusually tight relationship between bankers and lawyers, the lawyer-client relationship needs to be reconstituted. It is not possible to perceive it as merely a dyadic relationship; it is now multi-polar. Even though clients may be sophisticated repeat players, clients are caught up in a relationship where they will always be secondary to the primary relationship of banker and lawyer.

Keywords: lawyer-client, banks, lawyers, transactions

JEL Classification: J44

Suggested Citation

Flood, John, Corporate Lawyer-Client Relationships: Bankers, Lawyers, Clients and Enduring Relationships (June 4, 2016). Available at SSRN: https://ssrn.com/abstract=962725

John A. Flood (Contact Author)

Griffith University Law School ( email )

Nathan Campus
170 Kessels Road
Nathan 4111, Queensland
Australia

HOME PAGE: http://https://experts.griffith.edu.au/academic/j.flood

University of Westminster School of Law ( email )

4 Little Titchfield Street
London, England W1W 7UW
United Kingdom

HOME PAGE: http://www.westminster.ac.uk

University College London ( email )

Faculty of Laws
Endsleigh Gardens
London, England WC1H 0EG
United Kingdom

HOME PAGE: http://www.laws.ucl.ac.uk/people-at-ucl-laws/honorary-appointments/

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