Thursday, August 20, 2020

New advisory opinions in Ohio

 The Legal Profession blog is reporting that the Ohio Board of Professional Conduct issued four opinions to replace or modify opinions previously issued by the board under the former Code of Professional Responsibility.

The opinions cover the following topics: 

1. Ethical obligations of a lawyer and his or her law firm when the lawyer decides to depart the firm (Advisory Opinion 2020-06)

2. The use of a lawyer’s name in a law firm name or on letterhead after the lawyer registers with the Supreme Court as “retired”, “inactive”, or becomes “of counsel” to the firm. (Advisory Opinion 2020-07)

3.  Whether lawyers can provide financial planning services through their law firm on a fixed fee, flat, or hourly rate basis (Advisory Opinion 2020-08), and 

4. Whether a law firm may enter into an arrangement with a real estate agency to promote the law firm as a discounted service provider to its real estate clients in exchange for an annual fee paid by the firm to the agency. (Advisory Opinion 2020-09).

The Legal Profession blog has a short summary of each opinion here.

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