Operating a Conflicts System - When to Perform Conflict Checks

You must maintain an awareness of conflicts throughout the life of the file. You should perform a conflicts check at the time the potential client seeks to engage your firm, and perform follow-up searches after the first meeting when you compile salient information, and as an ongoing matter every time new parties enter the mix. For example, midway through a transaction your client informs you that she is planning on getting married. Add the fiancé to the conflicts checking system and run a fresh search.