ethics in business acquisitions (pp)
TRANSCRIPT
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Ethics in Business Acquisitions:How to Avoid Derailing the Deal
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BRADLEY MILLERMiller Law LLC ∙ @bradleymiller#Don’tDerailTheDeal
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Clients don’t hire us to eliminate risks.
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Clients hire us to MANAGE risks.
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Attorney-Client Relationship
TRUST
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YOUR LOYALTY LIES
WITH THE CLIENT
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When you are representing a business entity, your loyalty belongs to the entity
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“$500,000 for my client’s business is a steal.”
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KEEP IT SECRET,
KEEP IT SAFE
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I need my clients to tell me their secrets in order to do my job.
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If you use technology, then you have an ethical responsibility to understand and be proficient in that technology.
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Sensitivity of the informationLikelihood of disclosureCost and difficulty of additional safeguards
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ENCRYPTION IS A PROCESS OF ENCODING DATA SO THAT ONLY THOSE WHO ARE AUTHORIZED CAN ACCESS IT
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Do you need to encrypt your emails?
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Do I need to encrypt this email?1. YES if the client tells you to use encrypted email
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Do I need to encrypt this email?2. YES if the information would be damaging to the client if intercepted
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Do I need to encrypt this email?3. NO if #1 or #2 don’t apply and you would feel comfortable if it was your information
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BONUS TIP!!Avoid the necessity of encrypting email by using a client intranet or deal room
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AVOID CONFLICTS
BEFORE THEY START
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KNOW YOUR ROLE
As a lawyer, you have a duty to act as an advisor to your client
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ClientObjective
sResolutio
nExpensesThird
parties
Lawyer
Everything else
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REMEMBER:THE CLIENT IS PAYING YOU FOR YOUR EXPERTISE.
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1. SURE.2. HELL NO.3. ARE YOU SURE THAT IS WHAT YOU REALLY WANT? BECAUSE I BET I CAN CONVINCE YOU OTHERWISE.
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What to do?
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DOUBLE THE CLIENTS,
DOUBLE THE FUN
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Thank you.
www.bradleymillerlaw.comwww.newmodernlawyer.com