Senior Analyst: Client Rates Management

Mayer Brown LLP•Chicago, IL

1d•Hybrid

About The Position

Mayer Brown is an international law firm that represents major corporations, funds, and financial institutions. The firm is seeking a Senior Analyst: Client Rates Management to join the Revenue Cycle Operations department in its Chicago office. This role provides support and counsel to lawyers and other Firm personnel in pricing and managing the financial aspects of individual client engagements. The firm values collegiality, collaboration, and a commitment to excellence, seeking individuals with exceptional client service, initiative, professionalism, responsiveness, and adaptability.

Requirements

Bachelor’s degree in Accounting, Finance or Business, required
Minimum of three years of related experience, required
Advanced knowledge of MS-Office applications including Word, PowerPoint, and Excel, required
Strong written and verbal communication skills, able to communicate effectively and in a professional manner with all levels of the Firm and outside vendors
Ability to work in a diverse team environment and effectively support the demanding needs of the Firm
Ability to work under pressure, meet deadlines with shifting priorities
Must be a self-starter with a high level of initiative
Strong customer service skills, able to anticipate needs and exercise independent judgment
Strong attention to detail, organizational skills and the ability to handle multiple projects
Maintains confidentiality and exercises discretion
Exercises solid strategic thinking and problem-solving skills

Nice To Haves

MBA or equivalent qualification, preferred
Experience working within a partnership essential or law firm, preferred
Prior experience working with pricing decisions and fee negotiation, preferred
Prior experience with law firm technology including Aderant, matter planning software and Microsoft SQL, preferred

Responsibilities

Summarizes the financial impact of existing rate arrangements and develop and recommend revisions as agreements are renewed
Supports updates and revisions to existing rate arrangements, implement/apply finalized agreements and ensure that rates and other key matter data are properly assigned on an ongoing basis
Serves as the initial/primary point of contact for assigned clients on rate, pricing and reporting issues and coordinate client facing reporting
Reviews and summarizes client billing policies to determine the impact to ongoing matter management and the invoicing process
Coordinates and executes the annual bill rate setting process in the U.S.
Provides functional and administrative support for Firm's matter management/budgeting tool and coach partners and associates in its use and assist the same in the development of matter budgets
Working with matter responsible partners, assists in the monitoring of actual performance against budget for in-process matters
Works directly with Firm Partners to develop rate, fee estimates and pricing options in response to client RFP’s and ad-hoc requests
Prepares analysis to support proposed fee arrangements, including financial impact and viability of proposed pricing arrangements and facilitate approval of same
Posts matter financial analysis and provision of associated pricing and business insight to partners, pricing and business development teams
Assists with the development and maintenance of budgeting templates and other tools for use by partners and client financial management team
Performs other duties as assigned or required to meet Firm goals and objectives