Ethics rules guide lawyer behavior, tactics, and strategy in negotiations. The rules prescribe the duties and responsibilities with regard to the client-lawyer relationship and to opposing counsel and third parties. Professor Carrie Menkel-Meadow of UC Irvine Law explores the boundaries of ethics requirements in negotiations. In part 1 of this 2-part series, she explores the rules on truthful statements, fraud, misrepresentation, and disclosure; facts versus opinions; and the tactics and behaviors permissible and impermissible in negotiations, including bluffing and puffing.
Watch Part 2 of The Ethical Limits of Negotiations.