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