The ILFM Examinations

Examinations are held twice a year, in Spring and Autumn, normally in London & Manchester. 

As this may not be convenient for everyone, it should be noted that it is also possible to arrange to sit the examination at a local college/school (or other suitable venue), contact the ILFM office for further details.

To register for the next exam - please use the links below to the relevant event pages, please contact the office if you have any problems making your booking or if you are unsure whether the fee applies.  

ALL students, whatever package you are on, need to register for the exam before the closing date.  You also need to be a fully paid member in order to sit the exam. 

Next Examination date:  11th May 2020

  • ILFM Diploma Paper One: Bookkeeping for Legal Finance Professionals Exam £90
  • ILFM Diploma Paper Two:  Legal Professionals and Accounts Rules Exam £90 
  • ILFM Associate Exams: £90 per paper

The exam fee will apply to re-sits and those on the old bronze package, otherwise it is included in the original fee paid.

Note: Exam must be booked by: 11th April 2020 - applications received after this date will not be accepted. 

The last planned exam sitting for the original Diploma Legal Professionals & the Accounts Rules course will be May 2020, with the final exam being November 2020. If you do not sit the May 2020 exam, you will not have an opportunity of a resit if you decide to take the exam in November 2020. If you would like to arrange a transfer to the new course based on the new rules, please contact us.

This does not apply to the new D2 course (Legal Finance Compliance & Accounts Rules) - the first exam for the new course will be in November 2020.

11th May exam

LONDON 
  • Diploma 1 - Bookkeeping for Legal Finance Professionals - click HERE to book this exam 
  • Diploma 2 - LPAR - click HERE to book this exam.  There is no exam in May for the new D2 course (LFCAR)
  • Associate Accounting, Associate Financial Management, Associate Legal Practice Management & Associate Tax for Legal Finance Professionals - click HERE to book any of the Associate London exams
MANCHESTER
  • Diploma 1 - Bookkeeping for Legal Finance Professionals - click HERE to book this exam
  • Diploma 2 - LPAR - click HERE to book this exam. There is no exam in May for the new D2 course (LFCAR)
  • Associate Accounting, Associate Financial Management, Associate Legal Practice Management Associate Tax for Legal Finance Professionals -  click HERE to book any of the Associate Manchester exams 
LOCAL VENUE
  • Candidates must arrange local venues themselves, the local venue guidelines are attached at the bottom of this page.  Please contact helen@ilfm.org.uk for further information.
  • There is no exam in May for the new D2 course (LFCAR)

All candidates (All Inclusive, Gold, Silver and Barry Hilton Scholarship etc) must still register for the exam.  All registered candidates will receive confirmation of their registration after the cut off date along with their candidate number.

Any requests for additional examination facilities or arrangements for reasons of a disability will be considered, you should apply in writing to helen@ilfm.org.uk ASAP and by 10 April 2020 at the latest.

Each application will be considered on an individual basis, your application should include details of the disability, your requirements and supporting medical evidence. Applications should be made in addition to the exam enrolment booking and should be sent no later than the enrolment deadline for the exam sitting you wish to apply for. The ILFM will make every endeavour to accommodate your needs.

Unlike many organisations, admission to the higher grades of membership is by ILFM Qualification only. To this end, the ILFM has its own structured examination scheme. Because of the varied ages and backgrounds of those joining the ILFM, there are no formal requirements for embarking on the following examination route:

The Diploma, Paper One - Bookkeeping for Legal Finance Professionals & Paper Two - Legal Professionals and Accounts Rules - These are 3-hour examinations and are intended to test the immediate working knowledge of the office environment.

The Associate, (three mandatory parts) For Diploma Members only - This is designed to test career students on a deeper understanding of the many legal and accounting topics they will meet in working life.  Each Associate certificate is a 3-hour examination.

The Fellowship, (by thesis and presentation) - This is the ILFM's highest qualification.  Further information can be found by selecting the Fellowship link from links listed on the left of this page.

ILFM Examination passes are graded as:
Pass 50%+
Merit 75%+
Distinction 90%+

To ensure standards are always the highest, the ILFM Examination Board includes an external examiner from the College of Law.

The Fellowship is graded as a pass with 50%+, a merit with 65%+ and a distinction is 80%+.

Future exam dates:
Monday, 11 May 2020
Monday, 9 Nov 2020
Monday, 10 May 2021
Monday, 8 November 2021