The IFA is ventured by IFA-Lawcity Foundation. Shri Pravin Vakil is the Founder President of the institution, who supervises the day-to day affairs under the inspiration from and guidance of the promoter-members.He is an Advocate with a standing of 34 years at Bar including 25 years in the High Court of Gujarat.He had numerous occasions to assist the Apex Court in multiple cases. He is well acquainted with administrative and constitutional laws, foreign policy laws, and interpretation of statutes. He is determined to contribute meaningfully in the field of research, advancement, and training in the science of law for lawyers.

The IFA is to achieve its objectives by the Executive Committee with great freedom and powers.

The objectives of the institution as set out in its memorandum are related to the modern science of law and related branches to provide advanced study and research to the lawyers and others who are connected to the field of law.