Finance roles for partnerships
A strong financial director can and, in an efficiency-focused environment, must contribute on a fundamental level to the competitive advantage of a law firm. As competition becomes fiercer, and the uncertain economy and recent regulation continues 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, control cost-efficiencies and general financial housekeeping.
A finance director working in a law firm today is an essential asset to the firm’s partners, often sitting at board level. They 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.
A strong finance director in a law firm needs more than a solid financial background. They need 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, communication and relationship building skills.They must be adaptive, flexible, and innovative; calm in times of crisis, and confident in decision making.
At Totum, we understand that there is no room for compromise. We have the expertise, experience and deep-level insight to find the right individual to lead your firm into the new era of legal practice. We work closely with our clients to thoroughly understand their unique firm culture, specific challenges, needs and specialisms - and interpret this into a finely honed specification we can take to market.
We know that nothing about this fiercely independent and highly individualised sector is generic; because of this we work just as intensively with our candidates, sourced from a broad variety of expertise and backgrounds to ensure that, when we recommend an individual to you, they are the right person for the role - not the first to tick the boxes or meet the quotas.
