What is a “Recognised Body”?
For the purposes of the SRA Practice Framework Rules 2011 a Recognised Body is a legal services body (a partnership, company or LLP) of which at least one manager is a solicitor, Registered European Lawyer (REL) or, (in the case of a partnership or LLP) a body corporate (a legally qualified body with at least one manager who is a solicitor or an REL. The SRA has also stipulated that all managers and interest holders of a recognised body must be legally qualified*.
*Legally qualified means: i) a lawyer, ii) a recognised body, iii) an authorised non-SRA firm of which all the managers and interest holders are lawyers, iv) a European corporate practice of which all the managers and interest holders are lawyers.
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