At a Glance
- Tasks: Lead strategic business development plans and support Partners in securing new opportunities.
- Company: Join Simpson Thacher, a top global law firm with over 1,000 lawyers and a rich history since 1884.
- Benefits: Enjoy a competitive salary, hybrid work options, and a supportive, diverse workplace culture.
- Why this job: Be part of a dynamic team driving growth and innovation in a prestigious legal environment.
- Qualifications: Degree educated with 2-4 years' experience in business development within a law or professional services firm.
- Other info: Opportunity to mentor junior team members and enhance your project management skills.
The predicted salary is between 43200 - 72000 ÂŁ per year.
Working hours: Full-time (9:30 am – 5:30 pm Monday to Friday)
Department: Business Development
Location: London
The firm
Simpson Thacher & Bartlett LLP is one of the world’s leading international law firms. The Firm was established in 1884 and has more than 1,000 lawyers. Headquartered in New York with offices in Beijing, Brussels, Hong Kong, Houston, London, Los Angeles, Palo Alto, São Paulo, Tokyo and Washington, D.C., the Firm provides coordinated legal advice and transactional capability to clients around the globe.
Description/Job Summary
The Business Development Manager (“BD Manager”) works closely with the Director of Business Development, other Business Development Managers, and Partners to support strategic BD plans and initiatives for selected practice groups across Banking & Credit, Corporate M&A/Private Equity and Funds. The BD Manager is responsible for managing relationships and serves as a key day-to-day resource for pitches, research and reporting, client targeting, marketing communications, event coordination and administrative support. The BD Manager coordinates projects and leads the implementation of BD plans, ensuring alignment with the Firm’s key business initiatives in driving successful growth and consistency.
Responsibilities/Duties
- Collaborate with the Business Development team and select practice and industry groups to develop and implement strategic business development plans.
- Support Partners in creating best-in-class pitches and responses to RFPs to secure new business opportunities.
- Work with the research team to provide competitive intelligence reports and analysis on clients, potential clients, markets, and industry trends.
- Coordinate the creation, maintenance and distribution of practice descriptions, marketing brochures, experience lists, and other promotional materials for the Firm’s practices and Partners both in print and online.
- Plan and manage practice client events, either independently or in collaboration with others, including developing agendas and panels with Partners, coordinating with speakers, and overseeing logistics alongside the events team.
- Prepare and manage directory submissions and survey responses for various legal and business directories and publications.
- Support the practice in nurturing priority client relationships; plan and facilitate the execution of BD initiatives related to client targets.
- Collaborate with the PR team to support PR initiatives, including key corporate events, such as speaking engagements, business association networking, and media opportunities.
- Promote the effective use of BD technology and data to drive growth and informed decision-making.
- Identify and implement process improvements to enhance efficiency and effectiveness across BD activities.
- Oversee the onboarding and training of junior BD team members in London; mentor junior team members across BD projects, review work products, and assist in setting performance goals.
- Support other projects and initiatives as assigned by the Business Development Director.
Required Skills
- Educated to degree level.
- Minimum 2 to 4 years of relevant experience in a similar role within a law firm or professional services environment, particularly supporting transactional practices.
- Excellent communication skills, with the ability to present information clearly and persuasively both verbally and in writing.
- Proficiency in CRM systems for effective key client management.
- Proven ability to cultivate and manage client relationships.
- Strong initiative and independent judgment in decision-making.
- Team-oriented mindset, with capability to work collaboratively in a team environment.
- Excellent interpersonal skills, maintaining professionalism, diplomacy and discretion in all interactions.
- Confidence and credibility to advise at Partner level, ensuring strategic alignment and securing project buy-in.
- Analytical and problem-solving skills, with the ability to proactively identify challenges, develop solutions, and drive results.
- Advanced proficiency in MS Office Suite (Word, Excel and PowerPoint).
- Strong project management and organisational abilities, with proven capacity to prioritise, balance competing demands, and meet deadlines in a fast-paced environment.
- High attention to detail and accuracy in work.
- Adaptability and flexibility, including willingness to work varied hours as needed.
- Composure under pressure, with sound decision-making capabilities.
- Proactive approach to responsibilities, including a willingness to take on additional tasks as required.
Details
Salary and Benefits: Competitive
Hybrid: Monday – Thursday in office, ability to WFH on Fridays.
Simpson Thacher is committed to ensuring that everyone can reach their full potential, irrespective of background, identity, or circumstance. We know that we are at our best when we bring together diverse experiences and perspectives. This is why we are focused on fostering a collegial environment which maximises collaboration, empowering every individual to thrive and succeed.
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Business Development Manager employer: Simpson Thacher & Bartlett LLP
Contact Detail:
Simpson Thacher & Bartlett LLP Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Development Manager
✨Tip Number 1
Network with professionals in the legal and business development sectors. Attend industry events, webinars, or local meetups to connect with individuals who work at firms like Simpson Thacher & Bartlett LLP. Building relationships can lead to valuable insights and potential referrals.
✨Tip Number 2
Familiarise yourself with the latest trends in business development within the legal sector. Understanding the specific challenges and opportunities that law firms face will help you demonstrate your knowledge and strategic thinking during interviews.
✨Tip Number 3
Prepare to discuss your experience with CRM systems and how you've used them to manage client relationships effectively. Be ready to provide examples of how you've contributed to successful pitches or business development initiatives in your previous roles.
✨Tip Number 4
Showcase your project management skills by discussing specific projects you've led or contributed to. Highlight your ability to coordinate events, manage timelines, and collaborate with various teams, as these are crucial for the Business Development Manager role.
We think you need these skills to ace Business Development Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in business development, particularly within law firms or professional services. Emphasise your skills in client relationship management and project coordination, as these are crucial for the role.
Craft a Compelling Cover Letter: Your cover letter should reflect your understanding of the firm's values and how your background aligns with their needs. Mention specific examples of past successes in business development that demonstrate your ability to support strategic initiatives.
Showcase Communication Skills: Since excellent communication is key for this role, ensure your application materials are well-written and free of errors. Use clear and persuasive language to convey your ideas and experiences effectively.
Highlight Team Collaboration: The job requires a team-oriented mindset, so include examples of how you've successfully collaborated with others in previous roles. This could involve working with partners, managing events, or contributing to marketing efforts.
How to prepare for a job interview at Simpson Thacher & Bartlett LLP
✨Research the Firm
Before your interview, take the time to thoroughly research Simpson Thacher & Bartlett LLP. Understand their key practice areas, recent news, and their approach to business development. This knowledge will help you tailor your responses and demonstrate your genuine interest in the firm.
✨Prepare for Scenario Questions
Expect to be asked about specific scenarios related to business development, such as how you would handle a challenging client relationship or develop a pitch for a new business opportunity. Prepare examples from your past experience that showcase your problem-solving skills and strategic thinking.
✨Showcase Your Communication Skills
As a Business Development Manager, excellent communication is key. During the interview, focus on articulating your thoughts clearly and persuasively. Practice explaining complex ideas simply, as you may need to present information to various stakeholders, including Partners.
✨Demonstrate Team Collaboration
Highlight your ability to work collaboratively within a team. Share examples of how you've successfully collaborated with colleagues or partners in previous roles. Emphasising your team-oriented mindset will resonate well with the firm's culture and values.