These summaries were prepared by McGuireWoods LLP lawyer Thomas E. Spahn. They are based on the letter opinions issued by the Virginia State Bar. Any editorial comments reflect Mr. Spahn's current personal views, and not the opinions of the Virginia State Bar, McGuireWoods or its clients. 
 
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50-Lawyer-Owned Businesses
A lawyer who also sells insurance may recommend that a legal client purchase insurance from the lawyer, with the lawyer receiving part of the commission on the sale of the insurance policy, as long as there is full disclosure and consent (under Rule 1.8) and the lawyer's judgment is not affected by the conflict.

Copyright 2000, Thomas E. Spahn