Legal Staff Other in Washington, DC

Law Firm

Washington, DC

Legal Staff Other in Washington, DC

Legal Staff

Min 5 yrs required

No

Job Title: Practice Manager - Financial Services

Job Responsibilities:

The Practice Manager in the Financial Services department at the law firm is responsible for providing high-level operational support to the Department Chair. The role involves overseeing various business and operational functions within the department. Key responsibilities include:

- Lawyer Performance: Monitoring lawyer workloads, billable hours, productivity, and time entry compliance. The Practice Manager is responsible for identifying and escalating any material anomalies or concerns to the Department Chair and ensuring follow-up on action items.

- Financial Performance: Collaborating with the department financial advisor to stay informed about key performance indicators. The Practice Manager provides insights to assist in managing the department’s financial performance. This includes proactively overseeing accounts receivable, unbilled time, and collections, and escalating concerns to the Department Chair. The role requires liaising with the finance and accounting team and department lawyers to resolve matters related to billing or process issues.

- Matter Intake: Reviewing and approving routine client and matter intake, addressing conflicts issues, and handling billing rate exceptions. The Practice Manager is responsible for researching and escalating issues to the Department Chair as needed.

- Marketing/Business Development and Department Expenses: Working with the marketing and business development team to develop annual budgets for the department and approving proposed expenditures in conjunction with the Department Chair. The Practice Manager partners with the finance and accounting team to set budgets for interoffice travel and department meetings. Responsibilities also include tracking department spending against budgets and conducting after-action reporting.

- Department Communications and Events: Acting as a liaison between the firm’s administrative departments and the Department Chair to ensure department priorities are met. The Practice Manager facilitates department meetings, projects, and events, and coordinates communications between the Department Chair and department members. Additional responsibilities include managing the Department Chair’s calendar and coordinating department travel as requested.

Education and Experience Information:

- A Bachelor’s degree is required for this position.
- Five years of relevant experience with a proven record of achievement and increasing responsibility is necessary.
- Direct experience in a law firm or professional services environment is preferred.

Qualifications:

- The candidate must be highly organized with the ability to prioritize, multi-task, and meet deadlines.
- Comfort in working with all levels of lawyers and professional staff is essential.
- An emphasis on client service is required.
- Strong written and verbal communication skills are necessary.
- The candidate must work well under pressure, be a problem-solver, and a team player.

Salary Information:

The text does not provide specific salary information for this position.