Lexcel practice management standard v6.1—Precedents content map
Lexcel practice management standard v6.1—Precedents content map

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

  • Lexcel practice management standard v6.1—Precedents content map
  • 1 Structure and strategy
  • 2 Financial management
  • 3 Information management
  • 4 People management
  • 5 Risk management
  • 6 Client care
  • 7 File and case management

Lexcel is the Law Society's practice management standard. It is not compulsory, although Lexcel accreditation can be helpful for firms wishing to be accredited under the Conveyancing quality scheme or the Legal Services Board's Specialist Quality Mark (SQM).

This Practice Note identifies specific Precedents within Practice Compliance and Practice Management you could use or adapt to comply with the requirements of Lexcel v6.1.

1 Structure and strategy

StandardLexcel requirementPrecedents you could use or adaptLocation of Precedents
1.1Practices must have documentation setting out the:
a. legal framework under which they operateStrategic business plan—consumer or Strategic business plan—commercialPractice Compliance
b. management structure which designates the responsibilities of individuals and their accountabilityThere is a choice of two governance arrangement documents: Governance arrangements—short form or Governance arrangements—detailed
These are intended to dovetail with a governance structure chart, of which there are five different versions depending on your firm's business model:
—Solo governance and supervision structure chart
—Sole practitioner governance and supervision structure chart
—Non-departmentalised partnership governance and supervision structure chart
—Departmentalised partnership governance and supervision structure chart
—Corporate structure governance and supervision structure chart
Practice Compliance
1.2Practices must have a strategic plan, which must include:Strategic business plan—consumer or Strategic business plan—commercialPractice Compliance
a. objectives for at least the next 12 months
b. the identification of resources required to meet the objectives
c. the services the practice wishes to offer
d. the client

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