Pricing Analyst

Sidley Austin LLP•Chicago, IL

1d•Hybrid

About The Position

The Pricing Analyst works with team leadership to support lawyers with structuring, modeling, and negotiating client- and matter-level fee arrangements; client matter management; and initiatives that advance the Pricing Team’s and Firm’s strategic pricing goals. The role is suited to a detail-oriented candidate who enjoys working with data and is eager to learn about pricing and the revenue cycle in a fast-paced professional services environment. The successful candidate will support pricing proposals, alternative fee arrangements, budgets, estimates, rate setting, benchmarking, historical matter analysis, and regular reporting. The position also involves developing and improving financial templates and models, maintaining and organizing pricing information, participating in team training and knowledge sharing, and coordinating with team members to clarify requirements and meet deadlines. The target salary range is $88,000–$96,000 for candidates located in Illinois. Salaries vary by location and reflect factors including market, skills, experience, and education. The compensation package includes bonus eligibility and a comprehensive benefits program. Reasonable accommodations are available to enable individuals with disabilities to perform the essential functions of the role.

Requirements

Bachelor’s degree, preferably in Accounting or Finance.
At least 2 years of accounting or financial analysis experience.
Advanced capabilities and knowledge of Microsoft Excel and PowerPoint.
Strong organizational skills.
Strong attention to detail.
Good judgment.
Strong interpersonal communication skills.
Strong analytical and problem-solving skills.
Ability to work harmoniously and effectively with others.
Ability to preserve confidentiality and exercise discretion.
Ability to work under pressure.
Ability to manage multiple projects with competing deadlines and priorities.

Nice To Haves

Previous experience working in a client-facing position or a professional services firm.

Responsibilities

Support development of rate proposals, alternative fee arrangements, fee estimates, matter budgets, and pricing options in response to client requests.
Assist with the pricing and financial components of Requests for Proposals (RFPs) and other business development pitches.
Support the annual billing rate-setting process and conduct ongoing benchmarking analysis and maintenance of standard hourly billing rates throughout the year.
Prepare historical matter analyses to support pricing and budgeting.
Provide analysis and regular reporting for firm, client, and/or matter management needs.
Develop and enhance financial templates and models to expand and streamline processes surrounding the Firm’s pricing function.
Participate in team training sessions and contribute to knowledge-sharing initiatives.
Help track and organize pricing-related information and templates.
Communicate proactively with team members to clarify requirements and meet deadlines.