LEO #1612 CONFLICT OF INTERESTS; ATTORNEY REPRESENTING PERSONAL INJURY CLIENTS WHEN DEFENDANT IS INSURED BY CARRIER FOR WHOM ATTORNEY ALSO SELLS AUTO INSURANCE POLICIES You have presented a hypothetical situation in which an attorney desires to open a business as an independent insurance agent. A personal injury client has been referred to him. The client was injured by a person who is insured by an insurance company for whom the attorney may have sold automobile insurance policies to other persons on behalf of the company. You have asked the committee to opine, under the facts of the inquiry, (1) whether there is a conflict of interest in representing a client in a personal injury claim against a defendant insured by a carrier for whom the attorney may have written policies; and (2) whether the attorney may own an interest in a corporation/insurance agency which sells liability insurance and also represent clients against the insurance company's insured tortfeasors for whom he has not written the policies. The appropriate and controlling Disciplinary Rule related to your inquiry is DR 5-101(A), which provides that, except with the consent of his client after full and adequate disclosure under the circumstances, a lawyer shall not accept employment where the exercise of the lawyer's professional judgment on behalf of his client may be affected by the lawyer's own financial, business, property, or personal interests. The committee reiterates its prior opinion that, with full disclosure and informed consent of a personal injury client, it would not be improper for the attorney to simultaneously represent the client and engage in the related entrepreneurial activity of selling insurance policies. See LEO #1311. The committee also opines that it would not be improper for the attorney to represent a client against a liability insurance company (or its insured) in which the attorney has an ownership interest but for whom the attorney has not written the policy in question. The committee reiterates that the attorney must make the requisite disclosure to, and receive consent from, the client under DR 5-101(A). The attorney's disclosure must be such that his client is able to make an informed decision. See LEO #187. [DR 5-101(A); LEOs #187, 1311] Committee Opinion September 21, 1994
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