Overview

New York, NY

Summary

The Pricing Analyst will model a wide variety of pricing arrangements and proposals with a focus on client and matter profitability. The position will include collaboration with attorneys, Business Development, Finance, Billing and other departments as required.

Responsibilities

  • Prepares models to project the financial impact of proposed client and matter pricing arrangements;
  • Assesses financial exposure in proposed client and matter pricing arrangements and suggests any potential alternative pricing arrangements which may be appropriate;
  • Communicates pricing proposals, projected profitability and client and matter background to Managing Partners for feedback and approval;
  • Utilizes data mining to identify and analyze matter precedent and maintains and updates a precedent database;
  • Collaborates closely with attorneys to build detailed client and matter budgets;
  • Develops pricing and budget templates for different types of legal matters, including guidelines and frameworks to be applied;
  • Gathers financial data needed to respond to client RFPs for existing and prospective clients and assists by preparing financial aspects of responses for submissions;
  • Tracks and analyzes fee and cost write-ups/downs and account receivable write-offs;
  • Works closely with the Billing team to ensure that client and matter fee arrangements are implemented and tracked appropriately;
  • Stays informed of current pricing and rate trends within the legal market, and applies learned concepts to help improve the Firm’s pricing capabilities; and
  • Performs other duties as assigned.

Qualifications

  • Bachelor’s degree, preferably in Finance, Mathematics or Business Administration; MBA or CPA a plus;
  • 3+ years related experience in pricing or similar role, preferably in a legal or other professional services environment;
  • Must have excellent communication skills with the ability to effectively present complex financial metrics both in writing and orally;
  • Strong qualitative and quantitative analytical skills and ability to synthesize numerical data and metrics effectively;
  • Advanced proficiency in financial modeling in MS Excel with proficiency in manipulating raw data into valuable information;
  • Proficiency in MS Word, PowerPoint, Elite 3E and SQL;
  • Ability to collaborate and build relationships with staff and attorneys at all levels;
  • Ability to work well under pressure and coordinate several activities at one time;
  • Capable of solving problems and meeting hard deadlines in a fast-paced, detail oriented, and time sensitive environment;
  • Dependable team player who strives to contribute to a growing pricing team and is continually utilizing creativity to identify new ways that the team can grow as a valuable asset to the Firm;
  • Excellent judgment and ability to deal discreetly with confidential information; and
  • Ability to work additional hours as needed.

This position is located in the New York office.  Firm offers a competitive salary and excellent benefits including medical, dental, vision care, 401(k), and health club privileges.

Salary: Highly competitive above market compensation
Date Active: 12.20.2021
Exempt/Not Exempt: Exempt