As amended through Rule Change 2024(18), effective October 2, 2024
Rule 1.7 - Conflict of Interest: Current Clients(a) Except as provided in paragraph (b), an LLP shall not represent a client if the representation involves a concurrent conflict of interest. A concurrent conflict of interest exists if:(1) the representation of one client will be directly adverse to another client; or(2) there is a significant risk that the representation of one or more clients will be materially limited by the LLP's responsibilities to another client, a former client or a third person or by a personal interest of the LLP.(b) Notwithstanding the existence of a concurrent conflict of interest under paragraph (a), an LLP may represent a client if:(1) the LLP reasonably believes that the LLP will be able to provide competent and diligent representation to each affected client;(2) the representation is not prohibited by law;(3) the representation does not involve the assertion of a claim by one client against another client represented by the LLP in the same litigation or other proceeding before a tribunal; and(4) each affected client gives informed consent, confirmed in writing.Colo. Lic. Paraprofe. R. Profe. Cond. 1.7
Amended and Adopted by the Court, En Banc, April 13, 2023, effective 7/1/2023.