Banking & Financial Services Attorney in Minneapolis, Minnesota

Conflict of Interest

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Well, that really is a great question because conflicts of interest are very much on the rise in terms of an area where the plaintiff’s attorney or claimant tries to go, because everybody understands when a professional has a conflict of interest that it’s a bad thing. And nothing is more inflammatory to judges and juries than a professional who is not honoring their duty of loyalty to their client or is favoring their own interests over their client’s. And so when a conflict of interest arises, our advice is very clear: disclose the matter and get a waiver in writing, signed by the client, that makes it clear what’s being waived; or to withdraw immediately from all sides to the conflict so that no further harm can follow from it. But it’s important to take action and to take action immediately.

Minneapolis attorney Tom Shroyer discusses conflicts of interest for CPAs and how they can best protect their clients.

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