The Institute is a professional educational and examination body and offers registered financial qualifications in the legal sector throughout England, Wales and Northern Ireland.
The investment in each of our professional qualification courses is just £580, which includes all coursework and the examination fee
93% of our students responding to a recent survey said "Yes, absolutely" would recommend our courses to others. Nov 2022
"I would highly recommend taking any ILFM course, the support I have had to help me understand what I am doing better is outstanding. For someone who things don't quite click straight away, the way the course is set out helps me to understand things that much easier and if I don't understand, the tutor guides me through until I do."
KC, Stafford Nov 2022
ILFM Diploma (ILFMDip)
This diploma suits those in legal finance who would like to understand more about the role of legal bookkeeping to support their work and to advance their career. This Diploma also suits those relatively new to legal finance. The full Diploma qualification comprises two certificates:
- Bookkeeping for Legal Finance Professionals; and
- Legal Finance Compliance & Accounts Rules (Coming soon for NI - with NI Rules)
Together these provide a sound, comprehensive and practical knowledge of how to maintain solicitors’ internal records and how to adhere to compliance and regulatory rules.
Students may apply for an exemption from the Bookkeeping for Legal Finance Professionals Certificate if they already have a relevant qualification. ILFM membership is a requirement of study and the course fee applies to each certificate taken individually, or can be purchased together for the full qualification.
ILFM Fellowship (FIFLM)
Students who have been awarded the ILFM Diploma qualification can register for the Fellowship qualification (FILFM), which comprises four certificates:
- Accounting for legal finance professionals.
- Financial management.
- Tax for legal finance professionals; and
- Legal practice management.
To gain the Fellowship qualification, candidates need to pass both certificates 1 and 2 plus either certificate 3 or 4.