At a Glance
- Tasks: Lead daily operations, focusing on finance, HR, IT, and compliance.
- Company: Join a top boutique law firm in London known for innovation and collaboration.
- Benefits: Enjoy a hybrid work model with competitive salary and growth opportunities.
- Why this job: Be a key player in shaping the firm's future and enhancing client delivery.
- Qualifications: Experience in law firm operations and strong finance background required.
- Other info: Potential for long-term leadership roles and strategic input.
The predicted salary is between 54000 - 126000 £ per year.
Job Title: Practice / Finance Manager
Location: London
Salary: to £90,000 depending on experience
Hybrid: 3 office / 2 home
One of our clients, a leading London boutique law firm, are looking for an experienced, commercially astute practice manager to take over the day-to-day responsibility for the operational management of the firm with an emphasis on the finance function.
This is a key leadership role designed to take over vital functions currently being dealt with by one of the partners, enabling the partnership to focus more strategically on business development and client delivery.
The successful candidate will be responsible for the strategic and operational oversight of Finance, HR, Facilities, IT, and Compliance and Risk Management, acting as a vital bridge between the fee-earning and support functions. You will report directly to the equity partners and be instrumental in driving performance, improving processes, and ensuring the firm remains compliant and competitive.
It is essential that you have proven experience in a senior operations/practice management role within another law firm, and a strong understanding of legal practice operations including SRA compliance, HR, finance, and risk management. It is particularly important that you have a strong finance background and they may consider a finance manager who is looking to move into a more general, practice manager role.
This is an exciting opportunity within an established, innovative law firm with a collaborative and collegiate firm culture. There is long-term potential for further leadership and strategic input.
McKinlay Law endeavour to contact all successful candidates within 24 hours. However, due to the volume of applications that we receive, we are not able to respond to every candidate individually. If you have not heard from us within 24 hours your application has been unsuccessful and we have not retained your details.
Practice / Finance Manager employer: McKinlay Law
Contact Detail:
McKinlay Law Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Practice / Finance Manager
✨Tip Number 1
Network with professionals in the legal sector, especially those who work in practice management or finance roles. Attend industry events or webinars to connect with potential colleagues and learn more about the firm's culture.
✨Tip Number 2
Research the specific challenges and trends facing law firms today, particularly in finance and compliance. Being knowledgeable about these issues will help you demonstrate your understanding of the role during interviews.
✨Tip Number 3
Prepare to discuss your previous experience in operational management and how it relates to the legal sector. Highlight any successful projects or initiatives you've led that improved efficiency or compliance.
✨Tip Number 4
Familiarise yourself with the specific financial software and tools commonly used in law firms. Showing that you have the technical skills to manage the finance function will set you apart from other candidates.
We think you need these skills to ace Practice / Finance Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in practice management and finance, particularly within a law firm. Use specific examples to demonstrate your understanding of SRA compliance, HR, and risk management.
Craft a Compelling Cover Letter: Write a cover letter that clearly outlines your motivation for applying and how your background aligns with the responsibilities of the Practice / Finance Manager role. Emphasise your leadership skills and ability to drive performance.
Highlight Relevant Achievements: In both your CV and cover letter, include quantifiable achievements from your previous roles. This could be improvements in financial processes, successful compliance initiatives, or team leadership experiences.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a managerial position.
How to prepare for a job interview at McKinlay Law
✨Showcase Your Financial Acumen
As a Practice / Finance Manager, your financial expertise is crucial. Be prepared to discuss specific financial strategies you've implemented in previous roles and how they positively impacted the firm's operations.
✨Demonstrate Leadership Skills
This role requires strong leadership capabilities. Share examples of how you've successfully led teams or projects, particularly in a legal environment, and how you navigated challenges to achieve results.
✨Understand Legal Compliance
Familiarise yourself with SRA compliance and other legal regulations relevant to the firm. Be ready to discuss how you've ensured compliance in past positions and how you plan to maintain it in this new role.
✨Prepare for Strategic Discussions
The role involves strategic oversight, so think about how you can contribute to the firm's long-term goals. Prepare insights on industry trends and how they could affect the firm's operations and competitiveness.