Firstly, you do not need any existing qualifications or be looking to study any of our professional qualifications.
Many of our members are comfortable simply working in the legal finance sector and value the year-round support the Institute gives them. Others are studying with AAT, CILEx, CIMA or for a degree course and are grateful for the down-to-earth, practical advice the Institute offers.
The Institute is the UK’s leading membership organisation in the legal finance sector. It provides a wide range of services designed exclusively for legal finance experts and legal management professionals, such as COFAs, legal cashiers and practice managers.
The Institute has become the go-to resource for thousands of leading professionals, including those considering a new career in the legal sector. We offer regular training courses, which are focused on regulatory information which is highly relevant to the profession, a live chat support feature and a professional journal.
For just £120 (+VAT) per year, members benefit from a range of valuable benefits.
Read Blog about what the ILFM can do for you here
Don't miss out on the opportunity to be part of a growing a community of legal finance professionals to help, share, celebrate success and grow in an atmosphere of learning, giving and growing together.
Membership gives you full and free access to...
...ILFM4U brings together and constantly builds on our membership offering. This ensures our annual membership fee always represents the best value. We work hard to bring the maximum benefits we can for you, from discounts on high-street, lifestyle and leisure goods and services, professional training courses, annual conference to events throughout the year.
...Legal Abacus, our members’ journal, both online or printed and posted.
...our Professional Qualification courses*. Once qualified you have the right as a member to use designatory letters ILFM(Dip), AILFM & FILFM
...benefits for legal firms and employers by being linked to the ILFM via you. We have a range of benefits aimed at employers and firms, offering a range of discounts and access to some of our content.
... access to our ILFM Scholarship programme to enable you to apply for financial help to study for a professional qualification or attend our training days.
...ILFMConnect links you to other members via a forum-style portal. Ask questions and get answers from members and from Institute experts and from respected experts in the legal finance profession. This will link you to other members across the country in a community of people working in legal finance.
...ILFMAnswers brings together all our resources, practice notes, answers to queries etc in a peer-reviewed knowledge base online portal. Access can to help you in your day-to-day work in legal finance.
...our social media channels and closed and open groups online
...regional focus and local branch meetings
...collaboration with Engage Partners, other professional bodies and key stakeholders.
ILFMEngage aims to raise your profile of your role as a legal finance professional.
Who can become a member?
Membership is open to everyone who has a professional interest in legal accounting, management and compliance, including:
Cashiers and accountants working in legal practices
Practice managers, Finance Directors, COFAs and non-lawyer partners and managers
Solicitors, legal executives and similar professionals
Members of accountancy professions
Suppliers and consultants to the legal industry
ILFM membership has five levels of membership - Fellow Member, Associate Member, Diploma Member, Ordinary Member & Affiliated Professional Member with all new members starting as either an Ordinary Member or an Affiliated Professional Member.
By starting or renewing membership of the Institute of Legal Finance & Management you hereby agree to be a member of the Company and to be bound by its Memorandum of Association.
* course fee payable