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I recently had a conflict of interest case against my firm of solicitors. It was a registered ABS until it sold up the legal arm to some Australian firm.
The conflict part came in two parts:
1. The firm contacted the defendant via cold calling knowing he had a claim against him pending, giving him the opportunity to claim on injuries he had already said he had none.
2. The firm also signed a major contract with the defendants insurer giving them access to the claimant's and other claim information such as injuries and proposed damages.

If that is not a serious conflict of interest?
With all the austerity in this country I for one am not surprised of the acceptance to become underhanded!