ILFM

"Finance Professionals for Legal Professionals" The Institute of Legal Finance & Management (ILFM) is a not-for-profit professional institute founded in 1978. We are the UK’s leading membership organisation in the legal sector that provides a range of services designed exclusively for legal finance professionals and legal management professionals, such as legal cashiers, accounts managers, Compliance Officers for Finance and Administration (COFA's) and practice managers, as well as sole practitioners who deal with these roles. By offering recognised professional qualifications, regular and industry-relevant training days, regulatory information, a live chat support feature and an industry magazine, the ILFM has become the ‘go to’ for thousands of leading professionals, including those considering furthering their career in the legal sector. We have excellent working relationships with the Law Society; the Solicitors' Regulation Authority; Bar Standards Board; CILEX, CLC; the Legal Services Board; local law societies; members of the accountancy profession; major banks; the computer industry and the press. The ILFM has worked in conjunction with the Law Society and HM Revenue & Customs to produce legal accounting practice notes and participates actively with the Solicitors Regulation Authority and other legal industry bodies in consultations which effect the profession. We also have strong associations with the Institute of Legal Accountants of Ireland and the Society of Law Accountants in Scotland.