LEO: Advertising - Solicitation - Real LE Op. 539
Advertising-Solicitation/Real Estate/Attorney Recommended
by Real Estate Firm.
January 18, 1984
An attorney may participate in a real estate settlement where a real
estate firm, under a "settlement service," has recommended to its
customers that a specific attorney handle the closing. The real estate
firm also may quote the attorney's legal fees if the legal fees have been
determined only by the attorney. However, the communications provided by
the real estate firm pertaining to the lawyer's services and fees must be
truthful, the customer must have complete freedom in choosing his attorney
for the legal services, the lawyer must not have any direct or indirect "
reward" or other premium coming to him from the real estate firm as a
result of his relationships with the real estate firm, and full disclosure
must be made as to all of the understandings and relationships between the
two professional organizations which might influence the attorney's
independent judgment. [See DR:2-103(A)(1), (2) & 2-103(D)]
Committee Opinion January 18, 1984
See also LE Op. 1329.