VC Law: Episode 18: Ethics Issues for Venture Capital Lawyers

Host Gary J. Ross talks with Heather L. Rosing, CEO and President of Klinedinst PC. With an extensive background in litigating attorney malpractice cases, Heather offers insight into the various ethics issues faced by venture capital lawyers, including “who is the client?” questions; obligations to investigate wrongdoing after the client has stopped paying; the ABA rules for business transactions with clients and potential conflicts of interest; and, of course, the importance of always having an engagement letter. Gary and Heather conclude by discussing rules for communicating with represented and unrepresented parties in transactions.