Ethical Considerations in Representing Entrepreneurs and Startup Companies in New York (Update)
1h 30m
Created on November 18, 2022
Intermediate
Overview
Entrepreneurial clients can be extremely demanding on your time and resources. They can push their attorneys to the limit when it comes to complying with ethical duties. While the Model Code of Professional Conduct does an excellent job of spelling out your ethical responsibilities in litigation and other areas of the law, many of the ethical issues you will encounter while representing entrepreneurs are "cutting edge" situations for which there are no easy answers.
From taking "sweat equity" in a client to working with "serial entrepreneurs" involved in multiple ventures, to dealing with entrepreneurs who are not of legal age, this program will focus on many of the most common ethical issues that arise from representing entrepreneurs and fast-growing technology companies.
Learning Objectives:
Identify entrepreneur clients who run multiple ventures and expect you to provide legal advice to all of them
Analyze the startup company with multiple "key players" who don't often see eye to eye or review startups formed by entrepreneurs who are all under the age of 18
Break down issues with clients that needs business consulting in addition to legal advice
Outline issues with clients that want you to accept company stock in exchange for your services
Recognize ethical issues with clients who want you to perform services that go beyond the practice of law
Analyze ethical considerations when clients move to another state (or country) but still want you to represent them
Credits
Faculty
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