Professor Tony Sebok talks in the ABA Journal about a November opinion from the ABA Standing Committee on Ethics and Professional Responsibility that says lawyers may refer clients to fee financing companies, even if they own a financial interest in the lender or broker: “I don’t actually know why it was written, in the sense that it seems to confirm what other bar committees have said,” says Sebok. “It’s not a major development in either reasoning or setting out new, deeper thoughts about this particular practice.”

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