LEO: Conflict of Interest - Corporate Legal  LE Op. 577


Conflict of Interest - Corporate Legal Fees.


April 30, 1984


It is not improper for an attorney, who forms a corporate or partnership

entity for a client and who represents the entity as an applicant before a

local governing body seeking a cable television franchise, to accept as

legal fees a proprietary interest in the entity and a separate fee

contingent upon the successful outcome of the franchise case, so long as

the client consents after full and adequate disclosure in accordance with

 DR:5-104, and the requirements of DR:2-105 are met with respect to the

contingency fee. [ DR:5-103, DR:5-104, DR:2-105]


Committee Opinion April 30, 1984