A potential client with a serious criminal matter has come to me. He is short of cash, but has real estate. The client is agreeable to signing over property to me or allowing me to secure a mortgage on the property as to the amount of my legal fee. Is such an arrangement permissible?
Lawyers at times may obtain a security interest in a client’s property to protect their fees. But the arrangement must be reasonable and, of course, in compliance with the Rules of Professional Conduct.
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