About Us

"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.

Mission Statement

We are the leading education authority and membership body for legal finance, administration and practice management professionals in England and Wales.

We are dedicated to driving innovation, education and the promotion of excellence throughout the legal sector for financial and practice management staff.

Through training and education we look to raise awareness and advocate good business practice and high standards to ensure the protection and ethical treatment of client money and assets.

Who’s behind the ILFM?

The ILFM is a not-for profit membership organisation, managed by a Chief Executive and team based in Sidcup, Kent. The ILFM is a Company limited by guarantee. The team is supported by an Executive Council. Council members are all volunteers and ILFM members elected at an Annual General Meeting.

If you would like to find out more about the Executive Council or would like to stand for election, please contact the office.

Background

The ILFM was founded in 1978.  Until 2010 the ILFM was known as the Institute of Legal Cashiers and Administrators (ILCA).

Who our members are

The ILFM’s membership base represents a large percentage of legal industry professionals belonging to both large and small practices, with some being self-employed and working from home.  Want to join?

Women in Finance Charter

Our target is to maintain around 50% of our Executive Council as women. More...

Featured Documents

  • ILFM Code of Practice
    • 497 kB
  • ILFM Ltd Memorandum of Association
    • 125 kB
  • Women in Finance Charter
    • 187 kB