Supporting Those Who Safeguard Financial Integrity
ILFM membership is designed for professionals responsible for financial support, management, governance and compliance within legal firms.
Our members carry significant responsibility. ILFM ensures they are supported, connected and professionally equipped to fulfil it.
Membership Built on Three Foundations
Community and Professional Voice
Legal finance and compliance professionals often operate without internal peer networks.
ILFM membership provides:
- Access to a trusted professional community
- Structured forums for responsible discussion
- Opportunities to exchange experience and professional judgement
- A collective professional voice within the legal sector
Integrity, Education and Professional Standards
ILFM promotes high standards of governance, financial support, management and regulatory compliance.
Through membership you gain:
- Access to recognised qualifications
- Continuing professional development
- Specialist training and sector guidance
- Support in navigating complex regulatory environments
Connection and Collaboration
COFAs and senior legal finance professionals play a central role in safeguarding firms, supported by finance/accounts teams.
ILFM strengthens these roles by:
- Encouraging informed collaboration within firms
- Supporting effective communication between finance professionals and senior leadership
- Enhancing recognition of financial expertise as strategic, not purely functional
- Contributing to stronger governance and reduced regulatory risk
Who Membership Is For
ILFM membership supports professionals including:
- Legal Cashiers, bookkeepers, and accounts teams in legal practices
- Practice managers, COFAs, finance directors, and non-lawyer partners
- Solicitors, Partners, legal executives, and similar professionals
- Accountancy professionals
- Consultants and suppliers to the legal industry
Membership Categories
- Associate Member – All benefits, no voting rights or post-nominals
- Full Member – ILFM (Dip) post-nominal letters
- Fellow Member – FILFM post-nominal letters
All new members start as Associate Members. You do not need any qualifications to join. ILFM supports everyone in legal finance through CPD training, technical resources, expert events, and our journal Legal Abacus.
Progression routes:
- Full Member – via ILFM Diploma → ILFM (Dip)
- Full Member – Via Accreditation of Prior Experiential Learning (APEL) → ILFM (Dip)
- Fellow Member – via Diploma + 3 Fellowship Certificates → FILFM
- Fellow Member – via APEL + 3 Fellowship Certificates → FILFM
If you’re studying with AAT, CILEx, CIMA, or for a degree, ILFM membership complements your studies and may offer qualification exemptions. We provide guidance on SRA Accounts Rules and compliance.
Apply for Membership
ILFM operates a transparent subscription structure. ILFM membership provides professional support designed to strengthen the individuals who strengthen the profession.
Membership is just £150 (+VAT) per year *Introductory rate for Northern Ireland: £110 + VAT
