Overview
This role supports the Pricing Team by administering pricing objectives aligned with firm strategy. Responsibilities include compiling and analyzing financial data, creating models to support pricing efforts, and building reports to track actuals and identify trends.
This position may be filled remotely or in any of the organization’s locations.
Responsibilities
- Assist pricing leadership with the development of pricing programs and financial models, and provide ongoing measurement of effectiveness.
- Analyze market trends and competitor pricing to identify strategic opportunities and improvements.
- Collaborate with cross-functional teams to support business objectives.
- Generate financial analyses to support pricing strategies, pricing policies, and optimization of pricing management.
- Provide ongoing profitability analytics and timely, accurate financial information to support client profitability objectives.
- Support the annual billing rate-setting process, including benchmarking analysis and ongoing maintenance of hourly and alternative fee arrangements.
- Maintain and validate the accuracy of pricing databases, tools, and templates, including Iridium and Elite 3E, to ensure consistent and reliable data capture.
- Prepare and present pricing analyses, reports, and dashboards to pricing leadership and attorneys to support decision-making.
- Provide ad hoc financial analyses as requested.
- Assist in developing and maintaining a pricing model database.
- Assist in responding to requests from attorneys for matter planning, budgeting, and tracking.
- Identify and implement opportunities to leverage Excel and automation to minimize effort where possible.
- Support responses to requests for proposals specific to alternative pricing strategies; prepare pricing estimates.
- Other duties as assigned.
Requirements
- Ability to deliver superior service to internal and external customers and communicate effectively.
- Ability to interact professionally and courteously with clients and employees at all times; professional appearance required.
- Excellent organizational, time-management, and prioritization skills.
- Ability to work collaboratively within a team and adapt to changing business demands.
- Ability to produce a high-quality work product efficiently and accurately.
- Ability to exercise sound judgment, assume responsibility for decisions, and act decisively under deadlines.
- High level of professional integrity; ability to maintain confidentiality and build trust.
Position Requirements
- 4-year degree with major coursework in Finance preferred; or a combination of education and commensurate work experience required.
- 2+ years of related work experience in pricing, financial, profitability analysis, or economics, preferably in a professional services environment; knowledge of legal statistical modeling and pricing tools required.
- Robust analytical skills and ability to utilize computer systems and related tools, including Iridium, Elite 3E, Microsoft Excel, Outlook, Word, and PowerPoint.
- Strong written and interpersonal communication skills.
- Demonstrated proficiency in all Microsoft Office products, specifically Excel.
Compensation & Benefits
Employees receive compensation commensurate with skill and experience. Exact compensation varies by skills, experience, location, and other factors permitted by law.
Expected compensation ranges by location:
- State of California: $72,000 - $146,000
- State of Colorado: $66,000 - $118,000
- State of Connecticut: $57,000 - $144,000
- State of Illinois: $65,000 - $126,000
- State of Maine: $49,000 - $113,000
- State of Maryland: $70,000 - $105,000
- State of Massachusetts: $72,000 - $137,000
- State of Minnesota: $72,000 - $119,000
- Jersey City, NJ: $78,000 - $141,000
- State of New York: $67,000 - $144,000
- State of Vermont: $71,000 - $136,000
- State of Virginia: $47,000 - $136,000
- State of Washington: $70,000 - $132,000
- Washington, D.C.: $93,000 - $136,000
Salaries do not include a discretionary bonus. Bonus opportunities are non-guaranteed and depend on individual and firm performance.
Full-time employees receive benefits including:
- Medical and dental coverage
- Life insurance
- Short-term and long-term disability insurance
- Pre-tax flexible spending account for certain medical and dependent care expenses
- Employee assistance program
- Paid Time Off
- Paid holidays
- Participation in a retirement plan after meeting eligibility requirements
- Additional benefits
Location
Remote or in any of the organization’s locations.
Application Requirements
Please include a cover letter and resume when applying.
Equal Opportunity
EOE/Minority/Female/Disabled/Vet. Principal Applicants Only.