Question

Should you instruct your client to avoid volunteering information to the independent examiner? Why or why not?

   Should you instruct your client to avoid volunteering information to the independent examiner? Why or why not?
Litigation and Trial Practice
Litigation and Trial Practice
Janis L. Walter,… 6th Edition
Chapter 14, Problem 5 ↓

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The independent examiner is responsible for reviewing the financial statements and ensuring they are accurate and comply with relevant regulations. Their role is to provide an objective assessment.  Show more…

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Should you instruct your client to avoid volunteering information to the independent examiner? Why or why not?
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Key Concepts

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Client Communication Protocols
This concept involves the strategy of guiding clients on how to communicate effectively with outside parties. It emphasizes the importance of caution when sharing information, ensuring that any disclosures are controlled and occur only in response to specific inquiries to avoid unintended consequences.
Volunteering Information
This refers to the risks associated with offering extra, unsolicited details that might not have been solicited or needed. Volunteering information can lead to the disclosure of sensitive or potentially damaging facts, thereby complicating the matter and possibly undermining the client’s position.
Role of the Independent Examiner
Understanding the independent examiner’s role is crucial in this context. Independent examiners are meant to objectively assess the situation based on the information provided to them, not to advise or guide the client. Unsolicited or additional information may inadvertently influence their impartial evaluation or shift the scope of their review.
Risk Management in Client Advising
This concept centers on minimizing potential negative outcomes by controlling information flow. By advising clients to respond only to direct questions rather than volunteering details, professionals can better manage the risk of exposing information that could later complicate or harm the client’s case or interests.

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