ABA Issues First Ethics Opinion on Due Diligence to Prevent Involvement in Criminal Transactions

Just over a year after the American Bar Association (ABA) formalized its due diligence rules for attorneys’ interactions with clients, the organization has now issued its first ethics opinion offering guidance on the interpretation of these updated rules. This new opinion seeks to elucidate how legal professionals can ensure compliance and avoid potential involvement in criminal transactions. For more details, see the original report on Law360.