Associate Director of Business Development, Investment Management

Posted Yesterday
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New York, NY, USA
In-Office
218K-281K Annually
Expert/Leader
Legal Tech
The Role
Lead business development for the Investment Management group: manage BD staff, create strategic initiatives, identify new business and cross-sell opportunities, oversee lateral partner integration, budgets, events, and proposals, analyze profitability, maintain CRM and client relationships, and monitor industry trends to drive client growth and loyalty.
Summary Generated by Built In

Build your big career with the firm that does Big Law, Better. McDermott Will & Schulte is a leading global law firm that brings together more than 1,750 lawyers and 3,200 business professionals. We celebrate excellence, collaboration, and community and have been recognized as a top workplace by USA Today, Fortune, The American Lawyer, Vault and others. We are also certified by Great Place to Work. 

At McDermott, we don’t just invest in your future, we accelerate your career – wherever it may lead. That includes supporting you both in and outside of the office. 

With us, you’ll find: 

  • A firm where everyone belongs: Our award-winning culture prioritizes warmth and authenticity — we encourage you to be yourself!  

  • Enthusiasm for all perspectives: We’re smarter and stronger when everyone has a voice and a seat at the table. We welcome unique viewpoints and ideas, and we make opportunities for you and your career to thrive.  

  • Support to feel your best and do your best: Wellness is integral to building a successful career and a rich life. That’s why our benefits program supports your physical, emotional, mental, and financial health, with an emphasis on work-life balance.  

  

  • Real rewards for real work: We offer generous compensation packages that recognize hard work and excellence.   

Job Description:

The Associate Director of Business Development develops and implements strategic revenue enhancement and client development plans for the Investment Management group. This position collaborates with practice group leaders and other senior BD and Marketing team members to oversee client growth and loyalty and apply departmental best practices. The Associate Director of Business Development relies on extensive experience and judgment to plan and accomplish goals.

Essential Functions and Responsibilities: 

  • Manage the workflow and performance of the Business Development team members, including providing ongoing performance feedback and participating in the annual staff performance evaluation process 

  • Develop and oversee strategic initiatives for the Business Development team and designated practice group(s) 

  • Identify and analyze opportunities for new business, client growth, and cross-selling; prepare and present proposals to practice group leaders and partners 

  • Manage lateral partner integration programs, including creating plans, tracking progress, and preparing reports for practice group leaders 

  • Analyze and report on profitability of business development initiatives 

  • Establish and implement Firm-wide standard operating procedures 

  • Oversee strategic pursuits for the designated practice area(s) 

  • Manage, review, and track the business development budget for the designated practice group(s) 

  • Consult with partners to develop and monitor individual business development goals and plans 

  • Collaborate with other practice-aligned BD team members on cross-sell pursuits 

  • Develop network of relevant industry contacts 

  • Oversee the execution of and commercialization efforts for signature practice group events 

  • Review standard pitch content and collateral for the designated practice group(s), including practice-wide communications, brochures, one-pagers and presentations 

  • Monitor client and industry trends 

Job Specifications: 

  • Bachelor’s degree 

  • At least ten (10) years of related work experience 

  • Knowledge of Microsoft Office Suite (Excel, Outlook, PowerPoint, and Word) 

  • Knowledge of client relationship management (CRM) software 

  • Strong written and verbal communication skills 

  • Strong organizational, leadership and analytical skills 

  • Ability to work under tight deadlines and prioritize responsibilities 

  • Ability to handle and maintain confidential information 

Successful candidates will be provided with outstanding career opportunities and will receive a competitive total rewards package with the opportunity to earn performance-based bonuses.
     Target Hiring Range $218,000 - $281,000
Please note that quoted salary ranges are not guarantees of what final salary offers may be. Base pay is based on market location and may vary depending on job-related knowledge, skills, experience, and geographic location. Base pay is only one part of the Total Rewards that MWE provides to compensate and recognize our staff professionals for their work. Full time positions are eligible for a discretionary bonus and a comprehensive benefits package. 

#LI-AR2

#LI-Hybrid

Physical Demands and Work Environment:

The physical demands and work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Physical Demands:

  • While performing the duties of this job, the employee is required to sit, use hands, reach with hands and arms, stoop, talk and hear

  • Employee must occasionally lift up to twenty (20) pounds

Work Environment:

Typical indoor office environment

Disclaimer:

The above statements are intended to describe the general nature and level of the work being performed by people within this classification. They are not intended to be an exhaustive list of all responsibilities, duties and skills required of employees assigned to this job.

 

 

Skills Required

  • Bachelor's degree
  • At least ten (10) years of related work experience
  • Knowledge of Microsoft Office Suite (Excel, Outlook, PowerPoint, Word)
  • Knowledge of client relationship management (CRM) software
  • Strong written and verbal communication skills
  • Strong organizational, leadership and analytical skills
  • Ability to work under tight deadlines and prioritize responsibilities
  • Ability to handle and maintain confidential information

McDermott Will & Schulte Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about McDermott Will & Schulte and has not been reviewed or approved by McDermott Will & Schulte.

  • Strong & Reliable Incentives Bonus programs often match or exceed market, with discretionary and special awards that materially raise total compensation in strong years. Merit-driven structures are seen as enhancing overall satisfaction among attorneys.
  • Fair & Transparent Compensation Compensation communications and public announcements outline explicit base and bonus levels by year, reinforcing clarity around pay expectations. Market-scale adjustments and stated increases support perceptions of fairness.
  • Wellbeing & Lifestyle Benefits Well-being initiatives include 24/7 mental-health access, individual coaching, mindfulness resources, and billable credit for certain activities that integrate wellness into work. On-site counselor support in select offices and app-based tools further extend day-to-day support.

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The Company
Boston, MA
3,597 Employees
Year Founded: 1934

What We Do

McDermott Will & Emery is now McDermott Will & Schulte. Leading organizations turn to global law firm McDermott Will & Schulte for a better way to address legal challenges, connect with those at the forefront, and drive stronger outcomes. Working across more than 20 offices globally, our 1,750+ lawyers act on data-driven insights, deep relationships, and unmatched industry experience to deliver on our commitment of Always Better.

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