Assume that your law partner represents Minicorp, a small company, in some routine matter. Along comes Newcorp, a prospective new client with a tantalizing piece of business: a large, complex litigation against Megacorp, a multinational corporation with numerous subsidiaries. You perform a quick mental calculation; the proposed new case will keep your firm busy for months, and generate substantial fees.
There is only one catch: Minicorp is a wholly-owned subsidiary of Megacorp. Your first reaction is shock, followed by disbelief, anger and bargaining, as you envision this lucrative piece of business slipping through your fingers. Then you decide to review your options under the ethics rules.
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