Senior Pricing Analyst
coda searchstaffingBrooklyn, NY
Senior Pricing Analyst
L5
coda searchstaffingBrooklyn, NYtoday
Industries
Offices of LawyersAll Other Legal ServicesAll Other Professional, Scientific, and Technical ServicesOne of the most prestigious law firms in the world is looking to hire a Senior Pricing Analyst. You would be responsible for developing and implementing pricing strategies that align with the Firm's financial goals and client service objectives. Also responsible for analyzing complex financial data, creating pricing models, and providing actionable insights to support strategic decision-making. Collaborates effectively with partners, practice group leaders, and other internal stakeholders, and demonstrates a deep understanding of legal services pricing, profitability analysis, and market trends. Analyzes complex data and reports, interprets results, summarizes findings, and presents to the Firm's partners, senior management, and clients to facilitate effective decision-making. Creates and manages databases summarizing Alternative Fee Agreements (AFAs), performing ongoing maintenance, and ensuring data accuracy. 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. Designs and implements analytical models to evaluate varying pricing scenarios and recommends optimal fee structures to ensure profitability. Leads efforts to respond to Requests for Proposals (RFPs) by coordinating and synthesizing input from multiple departments. Designs and implements reporting methodologies to monitor the performance of client engagements against established budgets, identifying areas for improvement and forecasting outcomes. Reviews and analyzes investment and realization reports, communicates key performance metrics on individual matters and portfolios to evaluate the success of engagements subject to AFAs. Monitors market trends and competitors’ pricing strategies to maintain awareness of industry standards and recommends adjustments to the Firm’s pricing models. Analyzes historical matter data regarding utilization, realization, and profitability to inform pricing strategies and identify trends. Drafts fee proposals based on the nature of services and type of fee arrangement, advises partners on strategic considerations and assisting in presenting proposals to clients. Qualifications Sophisticated knowledge of full MS Suite and relational databases, with the ability to learn new softwareand operating systems. Excellent analytical, troubleshooting, organizational, and planning skills to synthesize, interpret, andsummarize quantitative and qualitative data in a clear and concise manner. Solutions-oriented critical thinker with the ability to leverage historical data, market trends, andprecedent 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. Education/Experience Bachelor's degree. Minimum of five years of relevant experience in a law firm or professional services environment, with at least two years in a pricing, financial analysis, or AFA-related role.
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