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iCOFA
iCOFA – The COFA Institute is part of The Institute of Legal Finance & Management (ILFM) which is the leading education and membership organisation in the legal sector, supporting legal finance, compliance, and practice management professionals across England, Wales, & Northern Ireland.… Read More
Blog
Why this is the year for law firms to embrace generative AI
After more than a year of pilots, proofs of value and early experimentation, firms are increasingly embedding AI into day-to-day workflows.
Client account interest is not spare change
The proposed Interest on Lawyers’ Client Accounts scheme is being framed as a sensible, international, “tried and tested” way for the profession to help fund a justice system under strain.
The formula for finance-enabled business development
Client concentration or over-dependence now counts as a top strategic risk for 26% of firms. Cross-selling is an antidote – a way to bolster revenue resilience without relying on client acquisition.
