As a Solicitor specializing in private client matters and experienced in department setup, your primary responsibility will be to establish and develop a Private Client Department within a law firm. You will play a crucial role in structuring the department, implementing effective processes, recruiting and training staff, and attracting clients. You will also provide expert legal advice and services to individuals in relation to their personal affairs, including wills, trusts, estates, and tax planning. Key Responsibilities:
1. Develop and execute a comprehensive plan to establish the Private Client Department, including defining its mission, goals, and strategies.
2. Design and implement efficient processes and procedures for the department, ensuring compliance with legal and regulatory requirements.
3. Collaborate with the firm's management to recruit and select the appropriate team members for the Private Client Department.
4. Develop and execute marketing and business development strategies to promote the Private Client Department's services and attract new clients. Identify and target potential clients through networking, industry events, and strategic partnerships.
5. Prepare and review legal documents such as wills, trusts, powers of attorney, and advance healthcare directives. Ensure accuracy, compliance with relevant laws, and adherence to the firm's standards.
6. Advise clients on establishing various types of trusts, such as living trusts, charitable trusts, and special needs trusts. Oversee the administration of trusts, including asset management and distribution.
7. Collaborate with clients and tax specialists to develop tax-efficient strategies, including inheritance tax planning, capital gains tax mitigation, and optimizing tax structures for wealth preservation.
Qualifications and Skills:
8. Qualified solicitor with a valid practicing certificate.
9. Extensive experience and expertise in private client matters, including wills, trusts, estates, and tax planning.
10. Demonstrated experience in setting up and developing a department or practice area within a law firm.
11. Strong knowledge of relevant legislation, regulations, and case law.
12. Excellent leadership and management skills, with the ability to recruit, train, and motivate a team.
Business development and client acquisition skills, with a proven track record of attracting and retaining clients