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Senior Business Development Professional (Emerging Companies & Venture Capital)

Who We Are:

Lowenstein Sandler is one of the most sophisticated law firms in the United States, with over 375 lawyers and 300 business services professionals serving clients from offices in New York, Palo Alto, New Jersey, Utah, and Washington, D.C. We recruit candidates who seek a collaborative, entrepreneurial culture that prioritizes our clients, our colleagues, and the communities where we work and live. Committed to career development and to a diverse, equitable, and inclusive workplace, the firm offers many programs and opportunities for personal and professional growth. We seek professionals for our business services group who share these values.

What You Will Do: 

Reporting to the Director of Business Development, this position will work with the Emerging Companies & Venture Capital Group practice-area partners to develop and execute on the business development activities in support of the firm’s strategic initiatives.

Essential Job Requirements:

  • Act as advisor to lead partners in increasing their brand, practice and visibility and achieve their individual business goals.
  • Proactively identify and respond to appropriate new business opportunities, including opportunities for internal cross-marketing and joint business development initiatives.
  • Maintain a strong knowledge of key clients and market forces, including business trends and competitive landscape.
  • Identify, assess, and pursue new clients aligned with the practice group's strategic goals.
  • Develop relationships with existing and new clients.
  • Collaborate with partners in the collection and sharing of knowledge relating to skills and experience to enhance understanding of practice area and raise client service/delivery standards.
  • Keeping pitch content, materials, and client information up-to-date and easily accessible.
  • Source, plan and execute business development events (including but not limited to speaking engagements, conference, panels).
  • Responsible for being the single point of contact for partners for marketing-related needs.
  • Mentor and develop junior business development team members

Profile Raising:

  • Identify and execute integrated branding and profile-raising campaigns.
  • Coordinate with the PR team on press releases, pitch story ideas and provide spokespeople to reporters as appropriate; track published articles and consider social media strategy around key projects.
  • Manage practice group awards and rankings, including oversight of submission to Chambers and other high-profile publications; assist in articulating key messages for directory submission and share best practices in the submission process.

Client Development:

  • Support the preparation of responses to client’s request for proposals or information on the practice group and in preparing partners for business development meetings with clients and prospects.
  • Collaborating with finance to develop innovative and competitive fee arrangements.
  • Serving as a trusted advisor to attorney teams by scoping and preparing for in-person meetings and pitches.

Skills, Knowledge, and Abilities:

This position requires a highly motivated, client-focused professional who thrives in a dynamic, fast-paced, legal environment:
 
  • A minimum of 5 years’ experience in a marketing / business development role, preferably in a professional services firm.
  • Proven track record of success in past roles and experiences.
  • Demonstrates a strong commitment to client satisfaction and builds long-lasting relationships with key stakeholders.
  • Communicates clearly and concisely, both verbally and in writing, with all levels of attorneys and business professionals. Possesses strong writing skills in a professional services environment.
  • Takes ownership of tasks, works independently, and demonstrates initiative in identifying and implementing process improvements.
  • Prioritizes tasks effectively, meets deadlines, and manages multiple projects simultaneously.
  • Strong judgement and ability to make well-reasoned independent decisions.
  • Advanced understanding of strategic marketing and communications.
  • Collaborates effectively with colleagues and stakeholders across the business.
  • Poise, tact and professionalism when interacting with internal and external contacts.
  • Strong attention to detail.
Office Location: New York, NY (preferred), Palo Alto, CA or Roseland, NJ
Schedule: Full-time, Monday – Friday
Amount of Travel Required: Some travel between Roseland, Washington DC, CA and NY offices.

The expected salary range for candidates meeting the requirements of this position is $140,000 to $200,000 for NY/NJ and $145,000 to $220,000 for CA. The range provided is the salary that Lowenstein Sandler in good faith believes at the time of this posting that it is willing to pay for the advertised position. Exact compensation will be determined based on individual candidate qualifications and location. Our benefits package includes coverage options for medical, dental, vision, prescription drug, life insurance, disability, FSAs, 401K, and paid time off.

Disclaimers:

This job description is not designed to cover or contain a comprehensive listing of all activities, duties or responsibilities required by employee. 

Lowenstein Sandler LLP is not accepting resumes from search firms for this position. Regardless of past practice, all resumes submitted by search firms are to be deemed the sole property of Lowenstein Sandler LLP, and no fee will be paid in the event the candidate is hired by Lowenstein Sandler LLP as a result of the referral.

Lowenstein Sandler LLP is committed to equal employment opportunity and providing reasonable accommodations to applicants with physical and/or mental disabilities. We value and encourage diversity and solicit applications from all qualified applicants without regard to race, color, gender, sex, age, religion, creed, national origin, ancestry, citizenship, marital status, sexual orientation, physical or mental disability, medical condition, veteran status, gender identity, genetic information, or any other characteristic protected by federal, state, or local law. 

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CEO of Lowenstein Sandler
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What You Should Know About Senior Business Development Professional (Emerging Companies & Venture Capital), Lowenstein Sandler

At Lowenstein Sandler, we're on the lookout for a talented Senior Business Development Professional, specializing in Emerging Companies & Venture Capital. This dynamic role reports directly to the Director of Business Development, where you'll partner with our practice-area leaders to shape and execute strategic business development initiatives that elevate our firm's visibility and support growth. With a collaborative spirit and a client-focused mindset, you'll act as a trusted advisor to leading partners, assisting them in enhancing their brand and achieving their business goals. Your role will involve identifying new business opportunities, nurturing client relationships, and keeping us ahead of market trends. You'll also coordinate marketing efforts, facilitate engaging business development events, and mentor junior team members, leading the charge to raise our firm's profile within the marketplace. If you're driven, detail-oriented, and thrive in a fast-paced legal environment, this might just be the perfect next step in your career. We value diversity and believe in fostering an inclusive atmosphere where every voice matters. At Lowenstein Sandler, career growth and development are not just buzzwords – they're our commitment to you, so come join us and help us make a difference in the world of law and business.

Frequently Asked Questions (FAQs) for Senior Business Development Professional (Emerging Companies & Venture Capital) Role at Lowenstein Sandler
What does a Senior Business Development Professional do at Lowenstein Sandler?

The Senior Business Development Professional at Lowenstein Sandler plays a crucial role in driving business growth by working closely with the Emerging Companies & Venture Capital Group. This involves developing strategic plans, identifying new business opportunities, and cultivating relationships that align with the firm’s goals. They also support marketing-related needs and execute branding campaigns.

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What qualifications are needed for a Senior Business Development Professional at Lowenstein Sandler?

To qualify for the Senior Business Development Professional role at Lowenstein Sandler, candidates should have at least five years of experience in marketing or business development, preferably in a professional services firm. Strong communication skills, client-focused approach, and the ability to prioritize tasks are also essential.

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What is the work environment like for a Senior Business Development Professional at Lowenstein Sandler?

The work environment for a Senior Business Development Professional at Lowenstein Sandler is dynamic, collaborative, and supportive. Our firm prioritizes a diverse and inclusive culture, encouraging personal and professional growth while focusing on client satisfaction and teamwork.

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How can a Senior Business Development Professional contribute to client development at Lowenstein Sandler?

A Senior Business Development Professional contributes to client development by preparing responses to requests for proposals, assisting partners in pitching to clients, and identifying innovative fee arrangements. Their role is pivotal in ensuring that the firm meets client needs effectively.

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What types of events does a Senior Business Development Professional organize at Lowenstein Sandler?

Senior Business Development Professionals at Lowenstein Sandler are responsible for organizing various business development events, including speaking engagements, conferences, and panels, all aimed at raising the firm's profile and fostering strong relationships within the industry.

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What is the expected salary range for a Senior Business Development Professional at Lowenstein Sandler?

The expected salary range for a Senior Business Development Professional at Lowenstein Sandler varies by location, with a range of $140,000 to $200,000 for NY/NJ and $145,000 to $220,000 for CA. Compensation is based on individual qualifications and location.

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What type of career growth opportunities does Lowenstein Sandler provide for Senior Business Development Professionals?

Lowenstein Sandler is committed to career development for Senior Business Development Professionals, offering various programs, mentorship opportunities, and resources that promote personal and professional growth within a collaborative and innovative environment.

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Common Interview Questions for Senior Business Development Professional (Emerging Companies & Venture Capital)
How do you prioritize business development tasks for multiple partners?

In prioritizing tasks for multiple partners, I assess the urgency and importance of each partner's needs, align them with the firm’s strategic goals, and develop a timeline to ensure that all tasks are completed efficiently. Communication and feedback are essential in this process.

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Can you share your experience with developing client relationships?

My approach to developing client relationships involves actively listening to their needs, providing tailored solutions, and maintaining regular communication to build trust. I focus on creating value at every interaction to foster long-term partnerships.

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What strategies do you use to identify new business opportunities?

To identify new business opportunities, I utilize market research, networking events, and analysis of industry trends. I also seek feedback from partners and attend relevant conferences to stay informed about emerging needs in the market.

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How do you measure the success of a business development campaign?

I measure the success of a business development campaign by analyzing key performance indicators such as the number of new clients acquired, engagement metrics from events, and feedback from partners and clients. Continuous evaluation helps in refining future strategies.

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What role do branding and marketing play in business development?

Branding and marketing are crucial in business development as they create awareness and establish credibility. Effective branding helps position the firm favorably in the market, while targeted marketing campaigns attract potential clients and enhance rapport with existing ones.

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Describe your mentoring style with junior business development team members.

My mentoring style is collaborative and supportive, focusing on building confidence and skills. I encourage open communication, provide constructive feedback, and share experiences to inspire junior team members to take initiative and ownership of their projects.

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How do you collaborate with partners to enhance client service?

Collaboration with partners to enhance client service involves regular communication to understand their approaches and combining our insights to improve service delivery. I also facilitate workshops to align our strategies and share best practices.

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What experience do you have with preparing proposals for clients?

I have extensive experience in preparing proposals by first understanding client requirements and then crafting customized responses that highlight our firm's strengths. This involves cross-collaboration with attorneys to ensure accuracy and value alignment.

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How do you ensure that your marketing materials are effective and up-to-date?

To ensure marketing materials are effective and up-to-date, I regularly review and revise content based on feedback and performance metrics. I also stay informed about industry changes to adapt our messaging accordingly.

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What challenges have you faced in business development, and how did you overcome them?

One challenge I faced was overcoming a saturated market, which required innovative thinking. I addressed this by leveraging data analysis to identify untapped niches and tailoring our approach to meet those specific needs, resulting in successful outreach.

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DATE POSTED
November 25, 2024

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