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ILFM Member Signposting

We recognise that our members already have a strong level of knowledge. The Institute’s role is to support members by signposting them to the most appropriate resources and promoting best practice in legal accounting.

We understand the challenges you and your firm face, and our aim is to direct you to reliable guidance and authoritative sources for more complex or unusual queries – while also helping you to develop the confidence and understanding to resolve similar issues in the future.

Before contacting us, please review our published guides, website, and your internal support teams. This service is intended for complex or exceptional matters that genuinely require our input, rather than routine or everyday queries.

VAT – Please Note: Where matters relating to complex VAT arise, including Partial Exemption, that fall outside the scope of the ILFM VAT Guide for Law Firms, firms should obtain specialist tax advice. VAT and Partial Exemption are highly complex and nuanced areas that present significant compliance risks, and the correct application of the rules will depend on the firm’s specific structure and operational arrangements.

Firms should therefore seek guidance from their Reporting Accountant, Chartered Accountant or other suitably qualified professional tax adviser. As appropriately qualified tax specialists, they are able to assess the firm’s circumstances and provide accurate, tailored advice to ensure compliance with applicable tax regulations.

How to get the answers..

ILFMAnswers,  brings together all our resources in a peer-reviewed knowledge base to help members in their day-to-day work in legal finance. Find practice notes, guidance, answers to queries etc.   Benefit exclusive to members

If you are still drawing a blank…

  1. Search on ILFMAnswers  our online knowledge base system.
  2. Look up our range of published guides – Click here
  3. Submit an Ask a Question form – Click here

Disclaimer

We try to ensure that any information we give via member support is correct, but we do not give any express or implied warranty about its accuracy. We cannot and do not give legal advice and we do not accept liability for any error or omission.

You should take appropriate steps to verify independently the accuracy of any information we give in member support and you should not act or omit to act on the basis of information we give in member queries. You should take such legal and professional advice as you consider necessary.

Our liability

To the extent permitted by law, we expressly exclude all conditions, warranties and other terms which might otherwise be implied by statute, common law or the law of equity.

We do not accept liability for loss or damage incurred by users of member support whether direct, indirect or consequential, whether caused by tort, breach of contract or otherwise, in connection with member support, its use, the inability to use, or results of the use of it. Direct, indirect or consequential loss and damage shall include but not be limited to loss of profits or contracts, loss of income or revenue, loss of business, loss of goodwill and wasted expenditure or management time.

This does not affect our liability for death or personal injury arising from our negligence, nor our liability for fraudulent misrepresentation, nor any other liability which cannot be excluded or limited under applicable law.

For just £150 (+VAT) per year, members enjoy a range of valuable benefits.
Learn more about the many benefits of ILFM Membership.

Join us today