Effective supervision is a regulatory requirement for law firms, as well as being good practice. It can help manage the risk of negligence, as well as other regulatory risks. File reviews are an effective supervision tool, but they are unlikely to be a complete answer to supervision.
The SRA's core regulatory requirements in relation to supervision are found in the two Codes of Conduct (the SRA Code of Conduct for Solicitors, RELs, RFLs and RSLs and the SRA Code of Conduct for Firms), which should be read in the context of the SRA Principles. Requirements can also be found in the SRA Authorisation of Firms Rules, SRA Education, Training and Assessment Provider Relations, SRA Transparency Rules, and SRA Authorisation of Individuals Regulations.
Cumulatively, SRA and other regulatory requirements in relation to supervision cover the following themes:
management control
service and competence
information requirements
additional Lexcel requirements
education and training, and
supervision of registered foreign lawyers (RFLs)
file reviews
supervision of specific activities
See further Practice Note: Supervision—regulatory requirements—law firms and Supervision—checklist—law firms.
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