Pricing Analyst

2 months ago


New York, United States Engage Partners Inc. Full time

PRICING ANALYST

Finance Department


A premier law firm with market-leading practices, a global perspective and strong New York roots. Our clients look to us to bring a distinctively high degree of quality, intensity and creativity to resolve legal challenges effectively and cost efficiently. We believe in hiring talented and dedicated individuals as members of our administrative community. We draw on the strength of our culture and structure to deliver the best of our firm to our lawyers and clients through true collaboration. The firm is seeking a full-time Pricing Analyst to work closely with our pricing, billing and e-billing teams as well as clients, and attorneys in the daily pricing related operations. The Pricing Analyst will be expected to interact professionally with administrative staff and lawyers. This is an exempt position and reports to the Pricing Manager.


Responsibilities include but are not limited to:

• Assist with e-billing rate submissions and client rate administration.

• Collaborate with billing/e-billing to troubleshoot pricing related billing issues.

• Ensure pricing and finance databases are up-to-date and comply with clients’ rate arrangements and guidelines.

• Review newly opened matters to ensure compliance with clients’ rate arrangements and guidelines.

• Provide support in responding to a client’s request for proposals (RFPs).

• Assist with financial modeling, forecasting and analysis related to clients and matters; includes data mining, cleansing, and reconciliation.

• Assist with design and implementation of economic models to project the financial impact of proposed client pricing arrangements and staffing models.

• Develop pricing and budget templates for different types of legal matters, including guidelines and frameworks to be applied.

• Communicate client and matter specific financial terms to the Rate Administration team.

• Analyze data on client, matter and portfolio performance; providing and communicating reports to internal and external stakeholders.

• Participate in the development of dashboards and performance reporting, while ensuring data governance and integrity.

• Proactively monitor and manage agreements nearing expiration, agreements with milestone billing arrangements, and agreements with discounts that escalate as volume thresholds are met.

• Ad hoc projects and other duties as assigned.


Requirements:

Bachelor’s degree in Business, Accounting, Finance or equivalent work experience.

Minimum of 2-4 years of relevant law firm experience.

Ability to comprehend and apply complex rate structures and billing arrangements.

Proficiency in Microsoft Office Suite and Excel in particular (including Pivot Tables and v-lookups).

Proficiency with Aderant or other legal financial systems.

Strong analytical, verbal, and written skills.

Must possess excellent interpersonal and communication skills to communicate clearly and concisely with clients, management, and partners.

Must have the ability to adapt to cyclical periods, peak workloads, new assignments, and work independently to meet deadlines.

Knowledge of Aderant and e-billing systems is a plus.


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