Perhaps the most unshakable tenant of the legal profession is attorney-client privilege. Without that sacred bond of trust, many people would be reluctant to tell a lawyer anything, and that would make it quite difficult for attorneys to do their job.
Just as criminal attorneys often hear information about criminal activity that they might be tempted to share, corporate attorneys learn about wrongdoing as well. But, in both cases, lawyers should know what their ethical duty is. However, any time you introduce large sums of money into an equation, things can get a bit… murky. Thus, in light of the whistleblower awards that have been introduced as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act, many lawyers face the temptation to blow the whistle. But should they?