Conflicts of Interest & Compliance - A Guide for Private Client Practitioners

Introduction

Conflict management is a key regulatory requirement. Knowing how a conflict of interest arises, and the difference between this and other types of conflict such as those which arise between the duties of confidentiality and disclosure, is essential knowledge.

Private client practitioners must understand their duties to manage conflicts in accordance with the SRA Standards and Regulations. Common conundrums include the need to identify conflicts when acting on joint instructions, such as when drawing up mirror wills, ethical responsibilities when asked to provide confidential information to family members, and the type of conflict which can arise when preparing wills and other documents in which the lawyer has a beneficial interest.

This new virtual classroom seminar will provide you with an understanding of these topics as they apply to the private client team.

Find out:

• Does client consent absolve you of your duty to consider conflicts?
• What steps should you take if you cannot disclose material information because of confidentiality duties?
• What are you expected to do if you are working remotely?

What You Will Learn

This live and interactive session will cover the following:

• SRA expectations of individuals and law firms
• An analysis of the regulatory requirements
• Common misunderstandings and myths
• Case studies which are relevant to private client work and demonstrate regulatory and legal consequences of non-compliance
• Practical compliance tips
• Legal overlap and commercial issues

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.