Document Type
Article
Publication Title
Transactions: The Tennessee Journal of Business Law
Abstract
Business lawyers in the United States find little in the way of robust, tailored guidance in most applicable bodies of rules governing their professional conduct. The relative lack of professional responsibility and ethics guidance for these lawyers is particularly troubling in light of two formidable challenges in business law: legal change and complexity. Change and complexity arise from exciting developments in the industry that invite — even entice — the participation of business lawyers.
This essay offers current examples from three different areas of business law practice that involve change and complexity. They are labeled: “Alternative Entities,” “Alternative Finance,” and “Alternative Facts.” Each area is described, together with significant attendant professional responsibility and ethics challenges. The essay concludes by offering general prescriptions for addressing these and other professional responsibility and ethics challenges faced by business lawyers in an age of legal change and complexity.
First Page
227
Last Page
260
Publication Date
Fall 2017
Recommended Citation
Heminway, Joan MacLeod, "Professional Responsibility in an Age of Alternative Entities, Alternative Finance, and Alternative Facts" (2017). Scholarly Works. 827.
https://ir.law.utk.edu/utklaw_facpubs/827