Global Practice Senior Manager – LSHI - (Hybrid Schedule)

US Job Description Firm Information Reed Smith is a dynamic international law firm dedicated to helping clients move their businesses forward. With an inclusive culture and innovative mindset, we deliver smarter, more creative legal services that drive better outcomes for our clients. Our deep industry knowledge, long-standing relationships and collaborative structure make us the go-to partner for complex disputes, transactions and regulatory matters. Our team of 3,000 people (including more than 1,600 lawyers) across more than 30 offices in the United States, Europe, the Middle East and Asia, operate as one global partnership to drive progress for our clients, for ourselves and for our communities. Position Summary The Global Practice Senior Manager for Life Sciences and Health Industry Group (LSHI) will support the strategic, talent management and operational aspects of the practice and support the Practice Group Leaders (PGLs) in the day-to-day management of the group, globally. The position will work with the LSHI Practice Group leaders to set and ensure achievement of LSHI’s business strategy, talent and performance objectives, and will develop and facilitate implementation of certain key strategic initiatives of LSHI (and with the firm’s other practice and industry groups). The position will report day-to-day to the PGLs for LSHI, and have an administrative reporting line to the Chief of Legal Operations. The position may oversee other members of the Legal Operations group who work to support all senior members of the Legal Operations function. Job Duties and 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. Job duties and responsibilities included are not exhaustive and may be supplemented as necessary. Reed Smith reserves the right to revise or modify job duties and responsibilities at any time. Requirements Education : Bachelor's degree in Business, Finance, Accounting or related discipline required; an MBA or advanced degree is desirable. Experience : A minimum of 8 years relevant business administration in a similar capacity required. 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. Skills : Strong financial planning and analytical expertise. Advanced knowledge of PCs and the Microsoft Office Suite. Elite, 3E, Data Fusion IntelliStat and DTE knowledge preferred. 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. Other Supervisory Responsibilities : Global Practice Group Manager(s) Equipment To Be Used : Personal computer and other office equipment such as telephone, calculator, fax, machine, copier, scanner, etc. Essential Job Functions : 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. This may involve responding to critical incidents, or assisting with project deadlines. Working Conditions : Required to work in the office at minimum 4 days per week. Occasionally called upon to work hours in excess of your normal daily schedule. The details of your weekly schedule will be discussed further with your direct supervisor.e. Pay Ranges : This represents the presently anticipated low and high end of Reed Smith’s pay range for this position. Actual pay may vary based on various factors, including but not limited to location and experience. Pittsburgh : $150,000 – $200,000 Chicago & Philadelphia : $194,000 – $213,000 Princeton & DC : $207,000 – $227,000 Employee Benefits Overview Our comprehensive benefits package includes : 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) Reed Smith offers a challenging work environment, business casual dress code and a total compensation package that includes a competitive salary, flexible benefits program, tuition assistance, and generous 401(k) plan. Reed Smith is an Equal Opportunity Employer with Core Values of Integrity, Excellence, Teamwork & Respect, Innovation, and Impact. Reed Smith also provides reasonable accommodations in accordance with law, including in the application and interview process. Qualified candidates only. No search firms.