Circumstances where attorney is prohibited from securing retainer

An attorney shall not, by his actions, instigate strife or litigation by seeking out defects in titles, claims for personal injury or other causes of action for the purpose of securing a retainer to prosecute a claim therefor, or pay or reward any person directly or indirectly for the purpose of procuring him to be retained in his professional capacity, and where it is in the interest of his client, he shall seek to obtain reasonable settlements of disputes.