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- Tasks: Lead a high-performing Private Wealth team and manage complex client matters.
- Company: Join an award-winning law firm in London's West End with a strong national reputation.
- Benefits: Enjoy a competitive salary, generous benefits, and performance-based bonuses.
- Why this job: Step into a leadership role with a clear path to department head in a dynamic environment.
- Qualifications: 7+ years of experience in Private Client law with a focus on wealth management and succession.
- Other info: Opportunity for equity and significant influence on the firm's future direction.
The predicted salary is between 72000 - 108000 £ per year.
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Private Wealth Partner | Award-Winning Legal 500 Firm | West End, London
An exceptional opportunity has arisen for an experienced Private Wealth Partner to join a cutting-edge, award-winning law firm in London's West End. This is a rare and unique position, offering not only the chance to join one of the most dynamic firms in the market, but also a structured succession plan where, in around 5 years' time, the successful candidate will take over the current head of the Private Wealth department's caseload and client base. This role is a true opportunity to step into a leadership position with a clear path to department head.
The Firm
Established in the mid-90s, this highly respected firm is known for its national reputation and strong presence in the West End. With a dynamic and ever-evolving practice, they represent leading names across UK real estate, finance, and private wealth, with a particular focus on innovative solutions to complex client matters.
Ranked highly in the Legal 500 , the firm's Private Wealth team offers world-class legal services, advising high-net-worth individuals, families, trustees, owner-managed businesses, family offices, estates, and charities. The firm's continued growth and success have led to a significant increase in headcount, and the department is poised for further expansion in the coming years.
The Role
This role is designed for a Private Wealth Partner with significant experience in private client law, ideally with a focus on complex tax, asset protection, wealth planning, and succession.
You will have the opportunity to lead a build on an already high-performing team, with a clear trajectory to inherit the current head of department's substantial caseload and client base upon their retirement in around 5 years.
This unique position allows you to make your mark in a well-established, forward-thinking firm while securing a leadership role at the highest level. You will have the opportunity to take ownership of the private wealth team's future direction and provide strategic input into growing and evolving the department.
Key Responsibilities:
- Working closely with the current head of department to lead and manage the Private Wealth team.
- Build and maintain strong relationships with high-net-worth individuals, families, trustees, and other key clients.
- Advise on a broad range of complex private wealth matters, including wealth structuring, succession planning, asset protection, and complex tax issues.
- In time, you will inherit and grow the current head of department's client base and caseload upon their retirement.
- Play a key role in the firm's growth and future direction, with a focus on maintaining its innovative reputation in the market.
- Contribute to business development initiatives and marketing efforts to further expand the Private Wealth practice.
Requirements:
- Experience: Extensive experience in Private Client law with a focus on wealth management, tax planning, and succession (roughly 7+ years PQE).
- Leadership: Proven ability to manage and mentor junior team members, with a strategic vision for growing and developing a department.
- Client-Focused: Strong relationships with high-net-worth individuals, families, and trustees, with the ability to manage complex, international client matters.
- Business Development: A proactive and driven approach to networking, client acquisition, and expanding the firm's market presence.
- Succession-Ready: A long-term view to take over as the head of department within 5 years, ensuring the continued success and growth of the team.
Why This Role?
- Unique Opportunity: The chance to step into a leadership role in a thriving, highly respected firm with a structured succession plan.
- Career Progression: The position is designed for someone who is ready to take the next step towards partnership and beyond, with a clear path to inheriting an established client base and a significant caseload. There would even be equity available in either short or long term, depending on what level you join them.
- Market-Leading Work: Work on high-quality, complex private client matters for some of the most prominent names in the sector, including international cases.
- Location: Be part of a highly regarded West End firm, centrally located with excellent access to the legal and business community.
- Competitive Package: Above-market salary, generous benefits, and a performance-based bonus structure (for example, a 50,000 bonus for strong performance for mid-level solicitors last year).
This is an exciting chance for a Senior Private Wealth Solicitor or Partner to step into a role where you can significantly influence the future direction of a leading department, while securing a clear path to one of the most prestigious leadership positions in the sector.
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Private Wealth Partner (London) employer: JMC Legal Recruitment
Contact Detail:
JMC Legal Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Private Wealth Partner (London)
✨Tip Number 1
Network strategically within the legal community, especially with professionals who have connections to high-net-worth clients. Attend industry events and seminars focused on private wealth management to build relationships that could lead to referrals.
✨Tip Number 2
Showcase your leadership skills by engaging in mentorship opportunities or leading projects within your current role. This will demonstrate your readiness for a managerial position and your ability to develop junior team members.
✨Tip Number 3
Stay updated on the latest trends and changes in private client law, particularly around tax planning and asset protection. Being knowledgeable about current issues will help you stand out as a candidate who can provide innovative solutions.
✨Tip Number 4
Engage in business development activities by creating content or speaking at events related to private wealth matters. This not only builds your reputation but also showcases your expertise to potential employers looking for a proactive partner.
We think you need these skills to ace Private Wealth Partner (London)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your extensive experience in Private Client law, particularly focusing on wealth management, tax planning, and succession. Use specific examples of your achievements and how they relate to the responsibilities outlined in the job description.
Craft a Compelling Cover Letter: Write a cover letter that not only expresses your interest in the role but also demonstrates your understanding of the firm's values and goals. Mention your leadership experience and how you plan to contribute to the growth of the Private Wealth department.
Showcase Your Business Development Skills: In your application, emphasise your proactive approach to networking and client acquisition. Provide examples of how you've successfully expanded a client base or contributed to business development initiatives in your previous roles.
Highlight Succession Readiness: Clearly articulate your long-term vision for taking over as head of the department within five years. Discuss your strategic vision for the team and how you plan to ensure its continued success and growth.
How to prepare for a job interview at JMC Legal Recruitment
✨Showcase Your Expertise
Make sure to highlight your extensive experience in private client law, particularly in areas like wealth management, tax planning, and succession. Prepare specific examples of complex cases you've handled to demonstrate your capability.
✨Demonstrate Leadership Skills
Since this role involves leading a team, be ready to discuss your leadership style and experiences. Share instances where you've successfully managed or mentored junior team members, showcasing your strategic vision for department growth.
✨Build Rapport with Interviewers
Establishing strong relationships is key in this role. During the interview, engage with your interviewers by asking insightful questions about their experiences and the firm's culture, showing that you value collaboration and connection.
✨Prepare for Business Development Discussions
As business development is crucial for this position, come prepared with ideas on how you can contribute to expanding the firm's market presence. Discuss your proactive networking strategies and any successful client acquisition experiences.
