Crucial Exams

Multistate Professional Responsibility Exam Practice Question

A lawyer previously advised a startup company in its initial funding round. Now, a competitor of that startup approaches the lawyer for representation in a similar funding matter. What should the lawyer do to determine if a conflict of interest exists?

  • Assess whether the prior relationship with the startup affects the ability to represent the competitor.

  • Decline to represent the competitor after conducting further analysis.

  • Proceed with representing the competitor, as the previous client was a startup and the new client is a competitor.

  • Obtain written consent from the startup before representing the competitor.

Multistate Professional Responsibility Exam
Conflicts of interest
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