Legal scholarships are the tip of the iceberg for career progression

Legal students are being offered the chance to expand their professional development for free with a series of new scholarships over the next three years.

Iceberg, one of the leading providers of practice finance to law firms across the UK, is funding courses with The Institute of Legal Finance and Management (ILFM) for those struggling to foot the bill for further learning.

Over the next three years, the sponsorship will each year fund two ILFM members to study a qualification course with the organisation, while several other smaller awards will give successful applicants the chance to take part in one-day training courses. They are all aimed at improving members’ career prospects in the legal sector.

The not-for-profit ILFM is the UK’s leading membership organisation in the legal sector that provides a range of services and professional courses designed exclusively for legal finance professionals and legal management professionals including legal cashiers, accounts managers and compliance officers for finance and administration.

Michael Stevenson, Managing Director of Iceberg, said: “At Iceberg, we know only too well that encouraging professional development and knowledge is one of the most important benefits a business can give its people, so we are delighted to do the same in the legal sector by sponsoring the latest ILFM scholarships.

“Iceberg works with many law firms, so we felt it was a worthy project to offer ILFM members the opportunity to learn and grow in their role or become further qualified.”

Tim Kidd, Chief Executive of the ILFM, said: “While many people want to continue their studies, they may not be able to because money is tight, so the ILFM is always pleased to partner with companies like Iceberg to offer scholarships that allow people to further their knowledge and legal career.”

Iceberg provides unsecured loans to law firms towards partners’ tax, professional indemnity insurance and capital expenditure along with litigation finance for their divorce and probate clients.

Anyone interested in applying for a scholarship with the ILFM, should visit the ILFM scholarships web page for more details.

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