Clinical supervision is the cornerstone of professional training in psychology. In this long-awaited second edition of their now-classic guide, Falender and Shafranske demonstrate the clinical supervisor's central role in orienting and socializing graduate students, interns, and postdoctoral fellows into psychology as a profession. The authors promote a competency-based approach to supervision, wherein supervisors establish expectations and standards to help new clinicians build clinical competence, develop their professional identity, and shape future practice with psychology's values and hopes. The chapters cover such topics as what makes for good and effective supervision, building multiculturalism and diversity competence in supervision, alliance in supervisory relationships, ethical and legal perspectives and risk management, and evaluation in the supervisory process. This updated edition incorporates the best of 15 years of research developments and evidence-based practice in clinical supervision.