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Legal ethics

Journal

2004

Cornell International Law Journal

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Full-Text Articles in Law

Multidisciplinary Practice In The International Context: Realigning The Perspective On The European Union’S Regulatory Regime, George C. Nnona Jan 2004

Multidisciplinary Practice In The International Context: Realigning The Perspective On The European Union’S Regulatory Regime, George C. Nnona

Cornell International Law Journal

Multidisciplinary practice (MDP) and the controversy surrounding it have ebbed in the wake of the Enron scandal and the subsequent enactment of the Sarbanes-Oxley Act. However, legal professionals continue to debate the viability of MDP and rules that currently prohibit lawyer fee-sharing arrangements and partnerships with non-lawyers-some of the rules that aim to safeguard lawyer independence from external influences. This Article addresses one of the most common arguments supporting MDP, namely, that the pervasive propagation of MDP in Europe will inevitably exert an overwhelming influence and pressure to conform on regulators of the legal profession in the United States. The …