Common use of Disclosure of Potential Conflicts of Interest Clause in Contracts

Disclosure of Potential Conflicts of Interest. CONSENT TO JOINT REPRESENTATION (In Cases Involving Multiple Clients Only): Clients desire that Attorneys jointly represent both clients. Joint representation may create certain conflicts of interest, in that the interests and objectives of each client individually on certain issues related to the Case are, or may become, inconsistent with the interests and objectives of the other. Attorneys’ representation of multiple interests has significant implications which both parties should consider. For example, rather than vigorously asserting a single client's interest on an issue, there likely will be a balancing of interests between the parties. Terms that are advantageous to one party are typically disadvantageous to the other party. Further, in the event of a dispute between the parties, Attorneys may be precluded from representing either party without first obtaining the informed written consent of all concerned.