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Legal Ethics and Professional Responsibility

Loyola University Chicago, School of Law

Loyola University Chicago Law Journal

2013

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Catholic Moral Teaching And Natural Law: Changing The Way We Think About And Teach Professional Legal Ethics, Peter P. Meringolo Jan 2013

Catholic Moral Teaching And Natural Law: Changing The Way We Think About And Teach Professional Legal Ethics, Peter P. Meringolo

Loyola University Chicago Law Journal

Lawyers have had a hand in virtually every financial scandal in recent news. These lawyers are hired to advise clients about how to structure hedge funds, financial products, and financial transactions. Because global economies are becoming more interconnected, when large and risky financial transactions fail, they shake the stability of markets around the world.

The “hired gun” mentality is prevalent throughout the legal profession. In this mindset, lawyers believe that because they are engaged by a client, they must do their client’s bidding, and must be singularly focused on their client’s sole interests. Can we do anything to encourage lawyers …