BakerHostetler · 1 day ago
Client Value Analyst
BakerHostetler is seeking a Client Value Analyst to assist with the coordination and execution of the Firm’s pricing and profitability strategies. The role involves supporting pricing and matter management efforts, providing analyses on alternative fee arrangements, and interacting with attorneys, clients, and internal support teams.
Law Practice
Responsibilities
Help to ensure Firm data integrity relative to alternative billing arrangements and assist in the generation and analysis of related financial reports on all aspects of Firm production as needed and requested
Utilize existing models, tools and systems to aid and support the team in pricing and matter management efforts
Produce and run pricing scenario models for future bids by combining specific criteria with prior work models
Assist with the annual development and refinement of Firm billing rates, including market research and data mining
Support the Marketing department with client proposals and RFP/RFIs by providing relevant financial data, such as rates and alternative or innovative pricing arrangements
Run various financial and statistical performance reports, such as variance analysis reports, profitability reports, client/matter reports, etc. as needed and requested
Generate financial charts and graphs for insertion into Word and PowerPoint presentations
Track and report on Client Value activity, including the comparison of approved arrangements to actual performance
Work with the Finance department on the preparation of studies, reports, and analyses of Firm economics with respect to rates and pricing
Engage in keeping up with competitive market trends relating to pricing and law firms
Other duties as requested and assigned
Qualification
Required
Bachelor's degree in Business, Finance, Accounting, Economics, or a related field with a minimum of two (2) years of relevant experience
Law firm billing, pricing, financial planning and analysis or other professional services experience highly desirable
Expertise with Microsoft Office Suite, advanced knowledge of Excel (pivot tables, basic formulas) and PowerPoint
Must be able to work within, improve upon and build financial models and tools in Excel
Ability to read and interpret documents such as client memos and engagement terms, as well as legal service contracts, invoices, bills, and client correspondence
Ability to write routine reports and correspondence
Ability to speak effectively with all levels of professional and support staff of the Firm
Ability to maintain confidentiality and composure within a fast-paced, high-stakes environment
Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists
Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form
Preferred
A secondary degree or certification is preferred
Tableau, SQL or other data management / BI experience a plus
Company
BakerHostetler
Recognized as one of the top firms for client service and quality of legal services, BakerHostetler is a leading law firm that helps clients around the world address their most complex and critical business and regulatory issues.
Funding
Current Stage
Late StageRecent News
2024-05-04
Global Legal Chronicle
2024-03-13
2024-03-11
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