Background to the ADF
The Attorneys Development Fund (ADF) was established in 2011 as a joint venture between the Attorneys Fidelity Fund, the Law Society of South Africa (LSSA) and its six constituent members.
The ADF is an independent Section 21 company (association not for gain) and was set up with R30 million seed contributions from the Attorneys Fidelity Fund and the provincial law societies. A board of directors governs the ADF which is made up of representatives from the above organisations.
The main focus at the initial phase is to provide office resources to deserving law firms (mainly sole practitioners) by purchasing these resources on behalf of the law firms. The law firms then repay the ADF for these resources over a prescribed period.
A key element in the ADF programme is that any attorney who receives support also receives strategic, business mentorship and technical support to assist the firm to grow into a sustainable practice. Attorneys are linked to mentors and skills training initiatives with the assistance from the Practice Development section (under the Legal Education and Development division of the LSSA).
Click here for ADF brochure and loan application form
While the ADF was founded as a business not for profit, it is nevertheless a business that has to generate income in order to survive and grow. Therefore, there is an open invitation for sponsorships.