Pricing Analyst

Barnes & Thornburg LLPMinneapolis, MN
Onsite

About The Position

Barnes & Thornburg's pricing team is responsible for partnering with firm leadership, attorneys, and other personnel to develop and manage hourly and non-hourly matters and install scalable data capture processes to meet the needs of client business objectives. The Pricing Analyst reports to the firm’s Director of Pricing and supports a variety of the firm's strategic initiatives. Functionally, the Pricing Analyst will support the pricing team by managing its portfolio of matters for a large number of clients by actively managing tasks and deadlines, analyzing and tracking matter progress, and preparing client ready reports.

Requirements

  • 2 + years of experience with statistical, financial, and accounting principles, normally acquired through completion of a Bachelor’s degree, is required.
  • Written and verbal communication skills, including the ability to produce and present succinct reports, analyses, proposals, recommendations, and demonstrations to firm stakeholders.
  • Proficient in Microsoft Office applications, including Word, Outlook, Excel, and PowerPoint.
  • Time management and organizational skills. This position will require the coordination of multiple projects simultaneously and the candidate must be able to prioritize workload accordingly.
  • Analytical, evaluative, and critical thinking skills, and be able to effectively communicate findings to attorneys and firm management in a clear and concise manner.

Nice To Haves

  • Advanced fluency in Excel is preferred (pivot tables, vlookups, embedded formulas, etc.).

Responsibilities

  • Provide counsel and support to lawyers and other firm personnel in developing pricing proposals, matter budgets, and profitability efforts.
  • Support the Pricing and Legal Project Management teams in internal and client-facing reporting. This task includes supporting ongoing reporting-improvement initiatives, such as exploring new business intelligence technologies, and working closely with the financial reporting and analysis team as needed.
  • Analyze historical and current data to support the development of pricing proposals and responses to requests for proposals (RFPs).
  • Provide market insight, competitive intelligence, and innovative thinking on pricing strategies.
  • Serve as a supplementary stakeholder of and subject matter expert on the firm’s business intelligence software to provide strategic analytics as they relate to pricing and project management.
  • Serve as a supplementary administrator of the firm’s matter management technology.
  • Assess and analyze internal data and convert findings into actionable, concise reports that establish or affirm firm priorities.
  • Improve data integrity to help drive effective decision making.
  • Assist with the ongoing enhancement and of budgeting templates and other tools for use by firm attorneys and legal operations personnel.
  • Produce metrics for internal and external reporting that are provided to the legal operations department and firm leadership. This task includes the extraction of data from the firm’s financial databases and contributing new meaningful metrics.
  • Provide support in response to ad-hoc requests from firm attorneys and leadership.
  • Other duties as assigned.
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