Practice Management, Professional Legal Management
4 Year Degree
The Practice Manager supports the administration and management of the Firm’s global M&A/Private Equity practice group, working closely with the M&A/PE Practice Group Heads (PGHs), building trust and credibility with each attorney in the group, and creating a cohesive team across all offices. As a member of the Corporate Practice Group Management team, the Practice Manager serves as the primary liaison between the M&A/PE group and other practice groups and Firm departments. The Practice Manager will be knowledgeable about the group’s practice area, market, and client relationships, and understand how they relate to practice group, Department and Firm priorities.
Duties & Responsibilities:
Practice Group Management
In collaboration with PGHs and Marketing/Business Development, prepares practice group business plan, manages implementation, monitors progress and suggests proactive measures to achieve priorities.
Monitors group financials, working with PGHs to address issues and opportunities. Manages practice group expense budget.
Working with PGHs, organizes and sets agendas for Partner meetings and follows up on action items to drive progress. Coordinates and develops agendas and substantive presentations for practice group meetings.
Acts as point person to facilitate problem-solving.
Proactively identifies best practices and technology to support productivity and efficiency. Facilitates information-sharing, including Knowledge Management activities.
Works on strategic and ad hoc initiatives and projects for the practice group, Corporate Department and Firm.
Manages staffing in consultation with the group’s staffing Partners and PGHs, working to ensure that each attorney is fully utilized, while balancing attorney development opportunities with client needs. Proactively monitors group activity to ensure appropriate staffing, including individual attorney activity and deal status.
Strives to provide consistency of experience and equitable distribution of assignments through development and management of an effective and efficient staffing system.
Manages work assignment policies, procedures and systems, including work assignment database, time-entry compliance, vacation requests, etc.
Develops in-depth understanding of development opportunities and needs within the group and develops plans to support associate satisfaction and retention. Defines and follows up on individual development plans. Acts as a confidant for attorneys and connects attorneys to Firm or other resources as appropriate.
Liaises with Attorney Resources regarding performance issues, practice group placements, leaves of absence, secondments, outplacement plans, and terminations, etc.
In collaboration with Professional Development and Attorney Resources, facilitates and participates in managing and preparing evaluations and review messages for attorneys in the group.
Manages the Special Counsel and associate compensation process for the M&A/PE group.
Participates in identifying training needs of the M&A/PE group and coordinating practice-specific and cross-practice training, in collaboration with the PGHs, designated Partners, and Professional Development.
Tracks the group’s talent pipeline and manages the Special Counsel and Partnership promotion process for the group, including preparation of promotion memos and development of business cases for promotions.
Recruiting and Attorney Integration
Coordinates with Recruiting Department regarding entry-level and lateral hiring needs.
Facilitates integration of entry-level and lateral attorneys into the group; develops and manages Partner and Special Counsel lateral integration plans.
Communications and Team-Building
Works with the PGHs to facilitate communication among attorneys in the M&A/PE group, including proactively developing and managing various practice group communications, such as the M&A/PE intranet page, email communications and announcements, PGH talking points, substantive presentations, etc.
Proactively identifies opportunities for and coordinates team-building events and activities.
Education: Undergraduate degree required. Graduate degree in a relevant discipline (e.g., law, business administration, organizational development, human resources) a plus.
Experience: 5+ years’ experience at a professional services firm. Prior experience with law firm or other professional services staffing highly desired. Prior practice management, professional development, or firm management experience preferred.
Skills and Abilities: Excellent interpersonal and communication skills (oral and written); strong influencing capabilities; maturity; and sound judgment to effectively gain credibility and trust. Well-honed financial, analytical, and project management skills, ability to multitask, and track record of strong, demonstrated leadership. An inclusive approach, with the flexibility to build consensus and find creative solutions to problems. Ability to adhere to the highest process standards and stand firm on decisions. Ability to work under pressure and conflicting circumstances. Integrity, maturity, and fairness in dealing with people and confidential information. Proficiency in Microsoft Office required. Familiarity with Sharepoint (or similar), CRM and timekeeping applications and technology a plus.
About Fried, Frank, Harris, Shriver & Jacobson LLP
Fried, Frank, Harris, Shriver & Jacobson LLP advises the world's leading corporations, investment funds and financial institutions on their most critical legal needs and business opportunities. The Firm's approximately 500 lawyers are based in North America and Europe.