Management and Organizational Studies 2275A/B Final: Keller 1st exam study guide

• School: Western University
• Department: Management and Organizational Studies
• Course: Management and Organizational Studies 2275A/B
• Professor: Cristin Keller

Document Summary

Lawyer, client, and 3rd party: known as agency relationship. Must act in best interest of client and only follow their instructions. Not in awe of lawyers: knowledgeable. Identify, not necessarily solve legal issues: up-to-date. Understands the various costs to be paid to a lawyer. Knows how to deal with dissatisfaction with a lawyer. Empowerment: becoming a sophisticated business person is empowering, business decisions have serious consequences. Importance of evidence means it is important to keep records. The role of the lawyer (lawyer = agent) Agent = someone who acts on behalf of a principle (client) and deals with 3rd parties on their behalf: provides relevant legal advice. Advises and recommends: client is the decision maker. Not the lawyer: lawyer bound to follow client"s instructions (must follow instructions of client unless it is illegal or unethical, solicitor-client privilege the principle that the agent must keep the clients info confidential. Lawyer can"t give out confidential info: encourages frankness.