The legal firm bears fiduciary obligations to its clients. These include 1) the obligation of allegiance, which means that the legal firm must abstain from self-interested transactions and must act in the utmost interest of the clients. 2) That the legal firm is obligated to maintain impartiality towards the clients, indicating that the legal firm cannot discriminate towards one client over another client. 3) The obligation to provide accurate and transparent financial reports to the clients.
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