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Residual balances come up time again in our conversations within legal finance, as well as at conferences, and it’s a moot point that can be overlooked too easily if systems, processes, and internal communications aren’t in place.

Legal cashier roles have become increasingly important in the world of law. As the legal landscape evolves, so does the demand for specialised legal financial management. What are legal cashiers, their career opportunities, and the impact of social mobility on their profession?

The Law Society of Northern Ireland and the Institute of Legal Finance & Management (ILFM) announced today that the two organisations have begun a partnership that will provide law firm finance and management professionals in Northern Ireland invaluable support and training in their areas of work to support the w0ork of the solicitors and fee earners.

New research shows that less than a third of solicitors use basic legal technology, with a lack of understanding among senior management a major barrier.

What happens when legal cashiers face issues surrounding client credit card payments? The Institute of Legal Finance & Management (ILFM) are often the first port of call from our members and law firms in general, when thinking of taking on credit card payments for client accounts.