Finance roles
The finance director role has a rapidly transitioning and ever-more fundamental part to play in the success of any law firm. A strong finance director contributes on a fundamental level to the competitive advantage of a law firm. As competition becomes fiercer, and the effects of the LSA continue to take effect, the role of the finance director will continue to undergo enormous transition. The impact of the economic and industrial shifts has forced the role to address wider contexts beyond the traditional focus on revenue, cost-efficiencies and general financial housekeeping.
A finance director working in a law firm today is an essential asset to the firm’s partners, usually sitting at board level. This individual must now play a critical role in strategy creation, risk management and operational efficiencies against the backdrop of an ever more financially innovative competitor landscape.This requires more than a solid financial background. It takes a strategic overview and an operational focus; the ability to see the micro and the macro. As the head of what is often the biggest single team in any law firm, they need exceptional leadership skills. Finance directors today will manage the impact of ABS legislation in the most strategic and efficient way, while also planning how to maximise opportunity when the economy recovers will be the most pressing concerns on the agenda.
At Totum, we know that there’s more to excellence than just ticking the boxes. In the legal sector more than any other, candidate placement is about match-making - matching the right expertise, personality and aspirations with the right role, in the right firm. We work closely with our candidates and our clients to ensure that when we recommend a role to you, it’s exactly right. No compromises.
