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The Business Development Manager leads the business development team and takes care of all the aspects of BD. The managers devise strategies for creating and expanding business opportunities and mentor the team. They play their part in strengthening relationships with existing clients and business partners. They conduct research on market trends and potential clients.
Most employers ask for client-facing business development experience in the legal services industry for Business Development Manager vacancies. Proficiency in creating pitches and marketing materials like presentations is also required for the job. You need to have excellent written and verbal communication skills to fit in the role. Understanding the legal processes will make your application stand out.
The average per annum income for Business Development Manager jobs varies depending on the factors like the employer, the kind of position, and job responsibilities. Overall, the legal Business Development Managers are offered competitive salary packages with benefits like performance bonuses, training for improving skills, paid yearly holidays, a pension plan, and more.
The job has its challenges, developing business opportunities, mentoring the team, and maintaining client relationships can be stressful at times. If you like the line of work, coping with challenging situations will not turn out to be a daunting task for you. Check the latest legal business development job listings in the UK on Simply Law Jobs!
Excellent communication and presentation skills are essential for the job as it involves interacting with the team, clients, and business partners. The ability to think analytically and creatively is also needed for doing strategic planning. Time management and organisation skills will prove helpful in effectively managing the different tasks within the given timelines.
Business Development Managers in a law firm handle all the business development aspects of the company. They supervise the business development team and coordinate with the head of client relationships on building rapport with the key clients and improving the market positioning of the firm. They work with the stakeholders on providing them strategies that can be beneficial for the business growth of the firm. Collaborating with the marketing team is also in the Business Development Manager job description. The BD managers do their research for identifying new business opportunities and prospective clients and work towards strengthening the relationships with existing clients and partners.
The key responsibilities of Business Development Managers include researching the latest market and industry trends to devise a strategic plan for expanding the business and bringing in more revenue. They are responsible for creating and maintaining the marketing materials. They collaborate with the branding, sales, and other internal teams. They assist the project leads with identifying growth opportunities. They train the BD team on preparing appealing client pitches. They work towards making the client relationships strong and genial. They provide coaching to the new team members and partners about business development. They can be asked to prepare client financial reports and gather client feedback.
Professional legal services and budget management experience will make it easy to fit in the role. Strong management and analytical capabilities are required for the job as it involves managing the different business development aspects. Effective communication skills both verbal and written are essential for the position to interact with the clients and team in an efficient manner. The ability to nurture client relationships is a must-have for the role. Time management skills will come in handy for ensuring the successful completion of tasks as per deadlines. For quick search and easy applying to your desired job in the UK’s law industry, try Simply Law Jobs!