Legal Pricing Senior Analyst

SK Battery AmericaNew York, NY
78d$125,000 - $140,000

About The Position

Responsible for developing and implementing pricing strategies that align with the Firm's financial goals and client service objectives. Responsible for analyzing complex financial data, creating pricing models, and providing actionable insights to support strategic decision-making. Collaborates effectively with partners, practice group leaders, and other internal stakeholders, demonstrates a deep understanding of legal services pricing, profitability analysis, and market trends. Analyzes complex data and reports, interprets results, summarizes findings, and presents to the Firm's partners, senior management, and clients to facilitate effective decision-making. Creates and manages databases summarizing Alternative Fee Agreements (AFAs), performing ongoing maintenance, and ensuring data accuracy. Prepares cost estimates for the Firm's legal services across all practice areas, including litigation, regulatory, and transactional work, for both prospective and existing matters. Designs and implements analytical models to evaluate varying pricing scenarios and recommends optimal fee structures to ensure profitability. Leads efforts to respond to Requests for Proposals (RFPs) by coordinating and synthesizing input from multiple departments. Designs and implements reporting methodologies to monitor the performance of client engagements against established budgets, identifying areas for improvement and forecasting outcomes. Reviews and analyzes investment and realization reports, communicates key performance metrics on individual matters and portfolios to evaluate the success of engagements subject to AFAs. Monitors market trends and competitors’ pricing strategies to maintain awareness of industry standards and recommends adjustments to the Firm’s pricing models. Analyzes historical matter data regarding utilization, realization, and profitability to inform pricing strategies and identify trends. Drafts fee proposals based on the nature of services and type of fee arrangement, advises partners on strategic considerations and assisting in presenting proposals to clients. Engages attorneys in substantive dialogue regarding the legal work being priced, demonstrating a deep understanding of the Firm’s practice areas and strategic objectives. Serves as a resource regarding analytical methodologies, accounting processes, and the implementation of AFAs in compliance with client billing agreements. Demonstrates strategic thinking and assume a leadership role in complex analytical projects, working closely with management and partners to achieve the Firm’s business objectives. Provides relevant knowledge and support to others to increase understanding of pricing and client accounting processes. Demonstrates effective interpersonal, written, and verbal communication skills to facilitate effective work relationships with others. Manages Firm resources responsibly. Complies with and understands Firm operation, policies, and procedures. Performs other related duties as assigned.

Requirements

  • Sophisticated knowledge of full MS Suite and relational databases.
  • Excellent analytical, troubleshooting, organizational, and planning skills.
  • Solutions-oriented critical thinker with the ability to leverage historical data.
  • Excellent interpersonal, written, and verbal communication skills.
  • Ability to handle sensitive matters with discretion and sound judgment.
  • Ability to manage multiple projects and meet deadlines in a fast-paced environment.
  • Demonstrates close attention to detail and the ability to organize work effectively.
  • Ability to work well independently and within a team.

Nice To Haves

  • Flexibility to adjust hours and work necessary to meet business needs.

Responsibilities

  • Develop and implement pricing strategies that align with the Firm's financial goals and client service objectives.
  • Analyze complex financial data and create pricing models.
  • Provide actionable insights to support strategic decision-making.
  • Collaborate with partners, practice group leaders, and other internal stakeholders.
  • Analyze complex data and reports, interpret results, and summarize findings.
  • Create and manage databases summarizing Alternative Fee Agreements (AFAs).
  • Prepare cost estimates for the Firm's legal services across all practice areas.
  • Design and implement analytical models to evaluate varying pricing scenarios.
  • Lead efforts to respond to Requests for Proposals (RFPs).
  • Design and implement reporting methodologies to monitor client engagement performance.
  • Review and analyze investment and realization reports.
  • Monitor market trends and competitors’ pricing strategies.
  • Analyze historical matter data regarding utilization, realization, and profitability.
  • Draft fee proposals and advise partners on strategic considerations.
  • Engage attorneys in substantive dialogue regarding legal work pricing.
  • Serve as a resource regarding analytical methodologies and accounting processes.
  • Demonstrate strategic thinking and leadership in analytical projects.
  • Provide knowledge and support to increase understanding of pricing processes.
  • Demonstrate effective communication skills to facilitate work relationships.
  • Manage Firm resources responsibly.
  • Comply with and understand Firm operation, policies, and procedures.

Benefits

  • Competitive salaries and year-end discretionary bonuses.
  • Comprehensive health care (medical, dental, vision), savings plan/401(k), and voluntary benefits.
  • Generous paid time off.
  • Paid leave options, including parental.
  • In-classroom, remote, and on-demand learning and professional development opportunities.
  • Robust well-being classes and programs.
  • Opportunities to give back and make an impact in local communities.
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