Legal Practice Manager

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.