Themis Essay 838 Flashcards
Lawyers owe their clients
fiduciary duties.
A fiduciary owes to the beneficiary
scrupulous good faith, candor, and care in the management of the beneficiary’s interests.
A lawyer must take reasonable steps to
safeguard client property.
Lawyers must maintain
client trust accounts and safety deposit boxes for the safekeeping of client property.
A lawyer must not commingle
her property with that of a client.
Client funds must be held in a
client trust account separate from a lawyer’s property.
Violations of a lawyer’s duty to properly handle client property are a serious matter and among the most frequent grounds for lawyer discipline for the following reasons:
(i) such violations are easy to verify;
(ii) they present a significant opportunity for continued abuse of clients by the offending lawyer;
(iii) the rules governing property-handling are per se rules which require no intentional wrongdoing on the part of the lawyer; and
(iv) because the rules require no balancing of the competing duties.
Lawyers are prohibited from making statements that are
fraudulent or remaining silent when the statement or silence would amount to fraud under applicable tort principles.
A statement to a third party must be both
false and material for it to subject the lawyer to discipline.