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Richard Hill AILFM
    • Richard Hill AILFM

    • ILFM Executive Council, Trainer
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COFAs - Client money protection during COVID-19

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The SRA have stated that “We expect solicitors and firms to continue to meet the high standards the public expect”….. and…”We expect firms to have appropriate contingency plans in place for disruption, but we recognise that...

Why Every Legal Cashier Needs ILFM Membership

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From cashiers to COFAs – the role of a person within legal finance has changed so much over the past 20 years. Here’s why the profession requires support, training, education and friendly guidance more than ever before. The ILFM started...

SRA launches a new consumer credit toolkit

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On 19 January 2016, the Solicitors Regulation Authority (SRA) published a new webpage for SRA-authorised firms involved in, or considering becoming involved in, the carrying on of consumer credit activities under Part 20 of the Financial Services and...

The faceless enemy

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We live in a digital world where we are more connected than ever. Technology influences our daily lives, activities and decisions. In business it drives innovation, efficiency and collaboration. From customers to suppliers to employees to owners, technology...

Law Society updates note on deposit protection for client accounts to reflect new limit

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On 1 January 2016 , the protection limit for deposits protected under the Financial Services Compensation Scheme (FSCS) was reduced from £85,000 to £75,000. This has implications for solicitors who hold client money. In...

Consumer Credit Activities the latest SRA Consultation

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TO OUR MEMBERS SRA consultation – have your say! The SRA wants your views on its proposals last month to regulate consumer credit activities carried on by SRA-authorised individuals and firms under Part 20 of the...