Acting for yourself, friends and family
Published by a LexisPSL Practice Compliance expert

The following Practice Compliance practice note provides comprehensive and up to date legal information covering:

  • Acting for yourself, friends and family
  • Regulatory considerations
  • SRA Principles
  • Conflicts of interest
  • Acting for staff or staff together with an external client
  • Acting for yourself
  • Providing assistance to friends and family
  • Client/matter inception
  • Anti-money laundering (AML) and counter-terrorist financing
  • Other considerations
  • More...

Acting for yourself, friends and family

This Practice Note covers considerations where a law firm wishes to act for one of its own partners or employees, where an individual lawyer wishes to act for themselves, and for your lawyers giving advice to others in a personal capacity.

Regulatory considerations

There is no specific reference in the SRA Standards and Regulations to acting for friends and family.

SRA Principles

The SRA Principles require you to act:

  1. in a way that upholds the constitutional principle of the rule of law, and the proper administration of justice—Principle 1

  2. in a way that upholds public trust and confidence in the solicitors’ profession and in legal services provided by authorised persons—Principle 2

  3. with independence—Principle 3

  4. with honesty—Principle 4

  5. with integrity—Principle 5

  6. in the best interests of each client—Principle 7

Conflicts of interest

The SRA Codes of Conduct impose an absolute prohibition on acting in an own interest conflict situation.

You must not act for a client if there is an own interest conflict or a significant risk of an own interest conflict. An own interest conflict is any situation where your duty to act in the best interests of any client in relation to a matter conflicts, or there is a significant risk that it may conflict, with your own interests in relation to that matter or a related matter.

You should always consider the risk of an own interest conflict when deciding whether

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