John Galsworthy's epic Forsyte Saga follows the fortunes of the venerable Forsyte family, a moneyed clan whose values are ever at war with its passions. In Chancery, the second novel in the trilogy, follows the events of A Man of Property.

After suffering the death of her lover and abuse from her husband, Soames, Irene Forsyte finally leaves her marriage for good. Though socially disgraced by her affair, she forms a bond with Old Jolyon, a father of the Forsyte clan who had grown distant from the family after reconciling with one of his outcast sons. The young Jolyon had been disinherited after divorcing his wife to marry a penniless foreign governess.

Now, with the death of both his beloved wife and his father, the younger Jolyon finds himself drawn in sympathy to Irene, so dear to Old Jolyon in his final days. Their shared troubles blossom into a romance, to the horror of Soames Forsyte.