0835
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| [WITHDRAWN 9/16] An in-house lawyer who represents the company in collection matters may not split any attorneys' fees collected with the company, unless the amount is a reimbursement for the actual cost of the lawyer's services. [This Legal Ethics Opinion was overruled to the extent its holding is inconsistent with LEO 1783 which permitted a lawyer representing a lender in collecting on a note containing a provision for the award of 25% attorney's fees of the principal balance due to give the client/lender whatever portion of the 25% was not actually spent on attorney's fees.] |