Legal

Proceed with caution when advising friends

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Comments

  1. If nothing else, it should be highlighted that in working for free for friends and family, you are providing them with somewhere to go if things go wrong, while having nothing in return to compensate for the legal responsibilities you are assuming.

    At the very least, professionals should price the cost of the risk i.e. the cost of providing and maintaining indemnity insurance cover, and charge accordingly.

    Otherwise you are doing more than working for free, you are providing free insurance as well.

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