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- Tasks: Manage finance and reception, oversee accounts, and ensure regulatory compliance.
- Company: Join a respected law firm in Bedford with a strong reputation.
- Benefits: Be part of a dynamic team with opportunities for professional growth.
- Why this job: This role offers diverse challenges and the chance to impact the firm's success.
- Qualifications: Experience in legal services and knowledge of Solicitor Accounts Rules required.
- Other info: Ideal for detail-oriented professionals who thrive under pressure.
The predicted salary is between 43200 - 72000 £ per year.
We are looking to recruit a Legal Practice Manager for a well-regarded law firm based in Bedford. Reporting to the firms Board of Directors & CEO, the successful Practice Manager will handle a diverse and challenging workload to facilitate the delivery of the practices’ legal services. Duties will include but are not limited to:- • Management of the finance department and reception staff • Day-to-day and annual responsibility for the firms’ accounts • Advice on regulatory compliance including SRA, AML and SAR’s • Organisation of the firm’s insurance, accreditations and practising certificate renewals • Attending Board meetings • Negotiating with third party suppliers and developing organisational and performance systems This is an expansive position that requires attention to detail in multiple areas. Excellent organisational skills and the ability to find solutions to complex issues will therefore be essential. This is a hands-on role suited to a dedicated professional who thrives under pressure and would like to become an integral part of the continued success of the company. Candidates should ideally have:- Previous relevant experience within a legal or professional services environment A commanding knowledge of the Solicitor Accounts Rules and an overview of the general obligations of the SRA Handbook A comprehensive understanding of GAAP and accrual accounting
Legal Practice Manager employer: Grafton Nicholls Ltd
Contact Detail:
Grafton Nicholls Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Legal Practice Manager
✨Tip Number 1
Familiarize yourself with the specific regulations and compliance requirements relevant to the legal sector, such as the Solicitor Accounts Rules and SRA Handbook. This knowledge will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the legal field, especially those who have experience in practice management. Attend industry events or join relevant online forums to gain insights and potentially get referrals.
✨Tip Number 3
Prepare to discuss your previous experiences in managing finance departments and handling complex issues. Be ready to provide examples of how you've successfully navigated challenges in a legal or professional services environment.
✨Tip Number 4
Showcase your organizational skills by discussing any systems or processes you've implemented in past roles that improved efficiency. Highlighting your ability to develop performance systems will resonate well with the firm's needs.
We think you need these skills to ace Legal Practice Manager
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly understand the responsibilities and requirements of the Legal Practice Manager position. Highlight your relevant experience in managing finance departments and compliance with regulatory standards.
Tailor Your CV: Customize your CV to reflect your experience in legal or professional services environments. Emphasize your knowledge of Solicitor Accounts Rules, GAAP, and any previous roles that required strong organizational skills.
Craft a Compelling Cover Letter: Write a cover letter that showcases your problem-solving abilities and attention to detail. Mention specific examples from your past work that demonstrate your capacity to thrive under pressure and contribute to a firm's success.
Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects your professionalism and attention to detail, which are crucial for this role.
How to prepare for a job interview at Grafton Nicholls Ltd
✨Showcase Your Financial Acumen
Since the role involves management of the finance department, be prepared to discuss your previous experience with financial management. Highlight specific examples where you successfully handled accounts or ensured compliance with financial regulations.
✨Demonstrate Regulatory Knowledge
Familiarize yourself with the Solicitor Accounts Rules and the SRA Handbook. During the interview, confidently discuss how your understanding of these regulations can benefit the firm and ensure compliance.
✨Highlight Organizational Skills
This position requires excellent organizational skills. Prepare to share examples of how you've effectively managed multiple tasks or projects simultaneously, especially in high-pressure situations.
✨Prepare for Board Meeting Scenarios
As you'll be attending Board meetings, think about how you can contribute to discussions. Be ready to discuss your approach to negotiating with third-party suppliers and how you would develop performance systems within the firm.
