A learning moment: Principal - Agent problem, a Michael Cohen edition

[timelets]

The case illustrates that your lawyer (doctor, advisor, consultant) doesn't necessarily
- know what s/he is doing;
- have your best interests in mind;
- provide independent professional advice, rather than advancing his/her own business goals.

Also, once the Principal changes, e.g. from Trump to FBI, the Agent's behavior may also change to the detriment of the previous Principal.

Comments

[gracheeha]

Верно! :)