Lawyer Advancing Money to Client – Is it Ethicial?

I am sure my case is going to settle soon. Can my lawyer lend me money toward the settlement I know I am going to receive?

No.  In Tennessee it is unethical for a lawyer to loan you money while he or she is representing you in a case.   Rumor has it that some lawyers will promise potential clients that they will help them with living expenses and that some lawyers actually do it.   Indeed,  some people say that some lawyers will offer money to clients in an effort to get hired by the clients.  However, this is  wrong, and a lawyer who promises to do so or actually does so should be reported to the Tennessee Board of Professional Responsibility at 800.486.5714.

 

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