Can The Attorney Loan His Client Money They Need?

The Attorney is in a sense loaning or advancing the Client money just by working on a contingency basis, which is, if the Suit fails, the Attorney is out the value of his time and effort. However with the exception to Louisiana Law, it is both illegal and unethical in all other states for an Attorney to Advance funds to a client. It would generally be a violation of the State Bar Rules of Professional Conduct.

 

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