IBA Annual Conference Seoul 2019
22 Sep - 27 Sep 2019
Room 402, Floor 4
Session information
Advising or investing: obtaining shares as remuneration from clients
Thursday 26 September (1615 - 1730)
Room 402, Floor 4
Committee(s)
Professional Ethics Committee
(Lead)
Alternative and New Law Business Structures Committee
Closely Held Companies Committee
Description
When clients with shortage of cash offer shares in exchange of the lawyers advice, they presume that the lawyer is going to be even more aligned with the the client's activity and interest. Is this really the case? Is society prepared to accept lawyers so oriented to the success of their clients, as to have economic interest in any outcome of their advice? In the session we will analyse whether this is the case and what lawyers and firms should take into account before accepting this means of remuneration.
Session / Workshop Chair(s)
| Jeffrey Merk | Aird & Berlis, Toronto, Ontario, Canada; Co-Vice Chair , Professional Ethics Committee |
Speakers
| Claudia Barrero | Philippi Prietocarrizosa Ferrero DU & Uria Spa, Bogota, Colombia; Scholarship Officer, Women Lawyers' Committee |
| Benedict Christ | VISCHER AG, Zürich, Switzerland |
| Sandeep Mehta | JSA, Mumbai, Maharashtra, India |
| Clemens Schindler | Schindler Rechtsanwälte GmbH, Vienna, Austria |