Which situation is addressed by Rule 1.11 specifically for lawyers holding public office?

The correct answer focuses on conflicts of interest for former and current government lawyers, which is explicitly addressed in Rule 1.11 of the ABA Model Rules of Professional Conduct. This rule recognizes the unique position of lawyers in public office and aims to ensure that they navigate potential conflicts that may arise due to their dual role as both public servants and legal practitioners.

Rule 1.11 outlines specific prohibitions against representing private clients in matters where the lawyer has previously served as a government attorney and has acquired confidential information pertaining to that matter. This serves to protect the integrity of the legal process and maintain public confidence in the legal profession by preventing any unfair advantage that could arise from such confidential information.

The other options, while related to the legal profession, do not specifically address the explicit provisions of Rule 1.11. Issues regarding the confidentiality of government information are covered under different rules concerning general confidentiality, while financial accountability and rights of representation are governed by other aspects of legal ethics and professional conduct. The focus of Rule 1.11 is specifically on managing conflicts of interest to uphold ethical standards in legal practice within the realm of public service.