Apple may have posted the most extraordinary growth in net income among any of the most profitable companies in the world. In 2004, Apple made $276 million. Last year, that number rose to $37 billion.
Here are a few examples of possible conflicts of interest: 1  You are a member of the board of directors for your childâs daycare. At the last board meeting, the directors discussed the dismissal of an employee with whom many children had problems, including your own child. 2  You are a director of an organization.
Conflicts of Interest. A lawyer or law firm cannot be successful without clients, and the ability to obtain and retain clients is crucial to any practice. Conflict of interest issues can limit a lawyerâs or firmâs ability to take on new clients or to continue with existing ones, and thus they must be carefully considered. On the one hand, being too sensitive to potential conflicts can unduly limit a practice and cause friction among lawyers in a firm.