Tag Results
Residual client balances – where do law firms go wrong?
iCOFA
Friday, 10 October 2025iCOFA – 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
Tags: iCOFA, ILFM
Posted in AI, Cloud Computing & Infrastructure, Compliance Services & Software, Conveyancing Services & Software, Digital Onboarding Technology, Document Automation & Productivity Tools, Document Management Software, Financial Services, Identity Verification Apps, Law Firm Associations, Legal Accounts Software, Legal Cashiering, Legal News Feeds, Legal Publisher, Litigation Funding, Outsourcing Providers, Payment Solutions, Practice & Case Management Software, Professional Associations, Professional Indemnity, Regulated Services, Regulatory and Disciplinary Support, Services Directory, Training Providers
The ILFM launches iCOFA – The COFA Institute: Independent support for compliance leaders
Friday, 12 September 2025The ILFM has today announced the launch of iCOFA – The COFA Institute, a dedicated new resource designed to support COFAs, Deputy COFAs and members of a compliance team directly supporting a COFA across the UK legal sector.
Tags: ILFM
Posted in associate news
Does our firm need a COFA succession plan?
Free ILFM event for COFAs: An insight into compliance, risk and valuation
Wednesday, 13 August 2025The Institute of Legal Finance & Management (ILFM) is hosting a free specialist breakfast event on Wednesday 10 September 2025, tailored exclusively for those working in compliance and financial oversight roles at law firms.
Tags: ILFM
Posted in associate news
Will AML reform ease the burden on legal finance teams?
Breaking down barriers between fee-earners and finance teams
Empowering excellence: How the ILFM can help transform legal finance careers
Thursday, 10 July 2025Working in legal finance and compliance can be a lonely experience. Many professionals in this field can find themselves feeling isolated, dealing with unique challenges that colleagues in other departments may not fully understand or appreciate.
Tags: ILFM
Posted in associate news
What the first AI law firm tells other practices about compliance
The ILFM Spring Conference
Wednesday, 18 June 2025The ILFM’s Spring Conference 2025 took place on 22 May at The Law Society’s prestigious London office.
Tags: ILFM
Posted in associate news
Blog
Change in regulator shouldn’t make AML less of a priority
While SRA fines for AML have been climbing, many in the profession aren’t confident they will get any relief from the FCA, a body used to dealing with a highly regulated industry.
There are 17 million wills waiting to be written
The main reason cited by people who do not have a will was a lack of awareness as to how to arrange one. As a professional community, we seem to be failing to get our message across.
The case for a single legal services regulator: why the current system is failing
From catastrophic firm collapses to endemic compliance failures, the evidence is mounting that the current multi-regulator model is fundamentally broken.
