Legal Practice Manager
1 week ago
MFK Recruitment are happy to be working with a well-known Regional Law firm who provide a comprehensive range of legal services to both private and business clients.
They are now looking for a Legal Practice Manager to join their team, which already sits at over 120 strong.
Legal Practice Manager - The Role:
* The successful Practice Manager will report directly to the Board of Directors and CEO, managing a varied and demanding workload to ensure the smooth delivery of the firm’s legal services.
* As part of the role, you will be:
* Overseeing the finance department and reception team.
* Managing the firm’s accounts on a daily basis and handling annual financial responsibilities.
* Providing guidance on regulatory compliance, including SRA, AML, and SAR requirements.
* Organizing the firm’s insurance, accreditations, and the renewal of practicing certificates.
* Attending and contributing to Board meetings.
* Negotiating with third-party suppliers and enhancing organizational and performance systems.
* Strong organizational skills and the ability to resolve complex issues are essential. This hands-on role is ideal for a committed professional who thrives in a high-pressure environment and seeks to play a key role in the ongoing success of the firm.
Please note that this is not an extensive description of the role
Legal Practice Manager - The Requirements:
* Relevant prior experience within a legal or professional services setting
* In-depth knowledge of the Solicitor Accounts Rules, along with a strong understanding of the general responsibilities outlined in the SRA Handbook.
* A solid grasp of GAAP (Generally Accepted Accounting Principles) and accrual accounting methods.
* Familiarity with COFA (Compliance Officer for Finance and Administration) and COLP (Compliance Officer for Legal Practice) duties, with the potential to assume the COFA role in the future.
* Experience in drafting policies and procedures.
* Proven ability to meet deadlines and work independently with minimal supervision
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