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Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates · 9 hours ago

Legal Pricing Analyst

New York, United States

Full-time

Onsite

Mid Level

$100K/yr - $110K/yr

3+ years exp

Skadden, Arps, Slate, Meagher & Flom LLP is a prestigious law firm known for its innovative legal solutions. The Legal Pricing Analyst will support the development and execution of pricing strategies, analyze financial data, and prepare pricing models to inform decision-making for the firm's legal services.

ConsultingLaw EnforcementLegal

Comp. & Benefits

Responsibilities

Analyzes documents and data, interprets results, and provides pricing support to the Firm's partners, senior management, and clients to facilitate effective decision-making

Develops pricing models and evaluates pricing scenarios to satisfy client requirements

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

Drafts fee-related language in response to requests for proposals (RFPs) and suggests competitive fee structures

Measures and evaluates performance of individual matters and portfolios of work against billing arrangements using established metrics

Analyzes historical matter data and prepares custom categorizations of legal services to satisfy client and matter-specific requirements

Compiles and analyzes data and historical statistics relating to utilization and realization, recommends necessary pricing to sell services profitably

Monitors market trends and competitors’ pricing strategies to maintain awareness of industry standards and recommends adjustments to the Firm’s pricing models

Engages attorneys in substantive dialogue regarding the legal work to be priced through demonstrated knowledge of the Firm's practice areas

Performs ongoing maintenance of related database

Works cross-functionally, joining data from various sources, interpreting findings and summarizing within the context of legal services provided

Monitors and analyzes performance of individual matters and portfolios of business against established budgets, revenue and realization

Responsible for leveraging precedent and historical data to problem solve and supports effective decision making with a solutions oriented approach

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

Qualification

MS SuiteRelational databasesFinancial analysisPricing modelsAnalytical skillsCommunication skillsOrganizational skillsCritical thinkingAttention to detailTeamwork

Required

Advanced knowledge of full MS Suite and relational databases, with the ability to learn new software and operating systems

Strong analytical, troubleshooting, organizational, and planning skills to synthesize, interpret, and summarize quantitative and qualitative data in a clear and concise manner

Solutions-oriented critical thinker with the ability to leverage historical data, market trends, and precedent to support effective decision-making and drive continuous process improvement

Excellent interpersonal, written, and verbal communication skills to collaborate with attorneys, management, and clients, and to present findings and recommendations effectively

Ability to handle sensitive matters with discretion, exercise independent and sound judgment, and inspire confidence in others

Ability to handle sensitive matters and maintain confidentiality

Ability to manage multiple projects, shifting priorities, and meet deadlines in a fast-paced, multi-constituent environment

Demonstrates close attention to detail and the ability to organize and prioritize work effectively

Ability to work well independently as well as within a team, fostering a collegial and professional environment

Flexibility to adjust hours and work the hours necessary to meet operating and business needs

Bachelor's degree

Minimum of three years of experience in financial analysis, pricing, or a related role, preferably within a professional services or legal environment

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.

Company

Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates

Glassdoor3.8

Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates delivers the highest quality advice and novel solutions to legal challenges, enabling clients to achieve their business goals.

Founded in 1948

New York, New York, USA

1001-5000 employees