The ILFM are dedicated to driving innovation, education and the promotion of excellence throughout the legal sector for financial and practice management staff, with structured courses and qualifications to provide a career path in legal finance and practice management.
The Fellowship is the Institutes highest qualification and only available to full Associate level members. The qualification is designed to test the candidate’s knowledge and ability to research and analyse a chosen subject within the legal profession,
The fee for the fellowship qualification is £295
Students submit a 10,000 to 15,000 word thesis on a topic chosen from either the ILFM approved list or by submitting their own topic (relevant to legal finance or practice management) for approval from the ILFM. You are required to be an ILFM Associate member.
In addition to the written thesis, students will be required to complete a presentation to a panel. The presentation should last between 15 and 30 minutes and showcase the student’s knowledge of their chosen topic. Following the presentation there will be questions from the panel.
You will need to complete and successfully pass the thesis element of the qualification. The student will then be asked to attend their presentation, normally at the ILFM Offices. Upon registering for the Fellowship the student will be informed of the presentation dates which are available to them.
Students who successfully gain a pass in both the thesis and the presentation will be awarded with the fellowship qualification and members can use the designatory letters FILFM after their name.
With the introduction of the presentation the deadline has been extended from 6 months to 12 months. Further guidelines and the approved list of topics are available from the ILFM office.
The Fellowship qualification is also accredited with 10 ILFM CPD points on successful completion.