LEO: Fee Third Party Payment LE Op. 563

 

Fee Third Party Payment.

 

April 10, 1984

 

It is not improper for an attorney, who acts as his client's financial advisor in evaluating an investment opportunity, to receive part or all of his fee from the third party who markets the investment opportunity so long as his client has given consent thereto, after full and adequate disclosure under the circumstances. [DR:5-106(A)]

 

Committee Opinion April 10, 1984

 

LEO: Fee - Third Party Payment, LE Op. 563 (1984)