Reed Smith LLP · 5 hours ago
Global Practice Senior Manager – LSHI - (Hybrid Schedule)
Chicago, IL
Full-time
Hybrid
Senior Level, Lead/Staff
$150K/yr - $200K/yr
8+ years expReed Smith is a dynamic international law firm dedicated to helping clients move their businesses forward. The Global Practice Senior Manager for Life Sciences and Health Industry Group will support the strategic, talent management, and operational aspects of the practice, working closely with Practice Group Leaders to achieve business objectives and implement key initiatives.
AdviceConsultingLegal
Responsibilities
Act as a trusted advisor to the PGLs, advising on all aspects of the group’s progress, financial success and strategy, and taking on responsiblities and tasks as appropriate, in order to free up PGLs for higher level management work and client-facing work
Responsible for overall profitability of the group; analyze data/reports and put key metrics in front of PGLs with key findings and conrete actions for PGLs to drive revenue and margin
Direct margin improvement, routine looks at timekeeper utilization and matter by matter profitability, including AFAs
Insight into near and medium term pipeline
Inventory management - billing/collections/realization
Budget formulations and forecasts
Lateral partner recruiting - Assist PGLs as needed, but also act as check on hiring that was not in the group Strategic Plan
Evaluate business case for each candidate and group and whether it aligns with the Strategic plan
Resposnbile for onboarding & integration progress to ensure traction and quick ramp-up
Group Operations - Assist with key processes that impact the PG/IG, and proxy for PGLs whenever feasible for including but not limited to 1) lawyer promotion process, 2) CRL/MOA issues and changes, 3) lawyer exits from the group/firm, 4) NBI issues, and 5) Billing/Pro Forma issues
Strategic Planning for the group - Help PGL/IGL set strategic goals for the group and break-down goals into action items for the PGLs, other partners in the group, and business liaisons (Business Manager, Business Development, and others)
Workforce planning for summer associates/first years/trainees, non-partner laterals and lateral partners if any
Business Development plans to grow top line revenue
Plans to improve profitability (Client Value Team engagement/matter management, additional staffing/resource levers, client/matter selection, timekeeper utilization and right-sizing (up/down) of the group)
Morale of the group; updates to the group, cohesion of the group - Support PGLs in these endeavors, and leverage other resources like Events, HR, BD as needed
Qualification
Required
Bachelor's degree in Business, Finance, Accounting or related discipline required
A minimum of 8 years relevant business administration in a similar capacity required
Strong financial planning and analytical expertise
Advanced knowledge of PCs and the Microsoft Office Suite
Excellent communication and interpersonal skills, as well as the ability to work with individuals at all organizational levels
Ability to work independently, collaboratively and as a team member
Excellent writing, organizational, problem-solving and analytical skills
Ability to resolve issues quickly, effectively, and diplomatically and to make appropriate recommendations to the Chief of Legal Operations, Directors and managers
Good decision maker and proven ability to manage time and resources in order to meet deadlines
Demonstrated ability to take initiative, manage a demanding workload and handle multiple competing priorities
Flexibility and ability to adapt to constantly changing priorities
Must have keen problem-solving and troubleshooting abilities and solutions-oriented thinking
Ability to sit or stand for extended periods and perform tasks requiring prolonged and/or extensive computer use
Ability to handle multiple tasks on a daily basis and complete assignments within set timelines
Ability to analyze complex problems, identify root causes, and develop innovative solutions
Ability to utilize technology, including computers and telecommunication devices
Must be able to travel for meetings and training as required
Ability to work long days as required
Providing off-hours support and coverage as needed, including evenings, weekends, and holidays
Preferred
Experience in a law firm or other professional services firm preferred
Prefer some experience with legal work in life sciences and/or healthcare, either a business law professional or lawyer
Elite, 3E, Data Fusion IntelliStat and DTE knowledge preferred
Benefits
401(k) Retirement Plan
Medical Insurance
Health Savings Account (HSA)
Virtual Health Services
Dental Insurance
Vision Insurance
Accident Insurance
Hospital Indemnity Insurance
Critical Illness Insurance
Life Insurance
Short-Term Disability Coverage
Long-Term Disability Coverage
Flexible Spending Accounts (FSA)
Lyra Health Employee Assistance Program (EAP)
Paid Family Leave (for eligible Exempt and Non-Exempt staff)
College Savings Plan
Transportation Benefit
Back-up Child Care Services
College Coach Program
Pet Insurance
Paid Sick Time (for Exempt staff)
Paid Time Off (available to all full-time, non-temporary employees)
Company
Reed Smith LLP
At Reed Smith, everything we do is to apply our global experience in law to drive progress for our clients, for ourselves and for our communities.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Casey Ryan
Global Managing Partner | Partner, Labor & Employment
Christopher Brennan
Partner
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