From the New Jersey Law Journal
Michael Furey And Sylvia-Rebecca Gutierrez
New Jersey’s attitude toward business transactions between attorneys and clients is clear—while not prohibited, avoid them. The current rule on the subject, RPC 1.8(a), provides that an attorney may not enter into “a business transaction with a client or knowingly acquire an ownership, possessory, security or other pecuniary interest to a client” unless a list of conditions are met.
