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Service to Nonprofits: Dealing with the Conflict-of-Interest Dilemma of Dual Service.
- Source :
-
Law Practice: The Business of Practicing Law . Jul/Aug2024, Vol. 50 Issue 4, p96-100. 5p. 1 Color Photograph. - Publication Year :
- 2024
-
Abstract
- Lawyers frequently serve on nonprofit boards, which can lead to potential conflicts of interest, especially when they provide legal services to the same organizations. To mitigate risks, firms should establish clear guidelines that separate the roles of board member and legal counsel, ensure proper disclosure and consult liability insurance policies to understand coverage limitations. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 15479102
- Volume :
- 50
- Issue :
- 4
- Database :
- Academic Search Index
- Journal :
- Law Practice: The Business of Practicing Law
- Publication Type :
- Periodical
- Accession number :
- 179245793