The Institute of Legal Cashiers and Administrators (ILCA) based in Sidcup, Kent, has today announced that with effect from 12th November 2010 it will change its name to the Institute of Legal Finance and Management (ILFM)

Over the past few months the Executive Council of the ILCA have been canvassing their members for opinions on the current name. It was clear from the early responses received that the members thought that the words ?Cashier? and ?Administrator? no longer described their positions working within a legal accounts department.

Many felt that the position of cashier had changed over the years, from merely posting daily receipts and payments on to ledger cards, to a more demanding role.

The ILCA is proud to promote the fact that its membership now ranges from billing clerks to practice managers and from legal cashiers to LDP members.

Chief Executive, Alison Gorringe said:

“The last 32 years has seen the ILCA establishing, maintaining and contributing to developing standards of excellence in legal finance through training and the sharing of best practices. Just because the ILCA are changing their name does not mean that standards will drop. On the contrary our motto, Diligentia, Vigilantia ? ?Diligence and Vigilance?, will be ever more relevant and will remain in pride of place on our new website.”

The Executive Council and the CEO will continue to develop the Institute under its new name to achieve the ultimate accolade of becoming a regulatory body within the legal world.