Washington University Law Quarterly
I am not convinced that lawyers’ investments in clients in lieu of fees are problematic enough from a conflicts standpoint that the rules of professional responsibility should treat them as presumptively inconsistent with the lawyer’s fiduciary responsibility.
Donald C. Langevoort,
When Lawyers and Law Firms Invest in Their Corporate Clients' Stock,
80 Wash. U. L. Q. 569
Available at: http://openscholarship.wustl.edu/law_lawreview/vol80/iss2/4