Lead Pricing Analyst

Liberty Personnel Services, Inc.; Philadelphia (Philadelphia County); Hybrid; USD 90,000 - 115,000; Full time

Job summary

A national law firm in Philadelphia seeks a Lead Pricing Analyst to enhance profitability through strategic pricing. The role involves developing pricing models, analyzing financial data, and collaborating with various teams. A flexible, hybrid work schedule is available.

Qualifications

• Experience in financial analysis and pricing, preferably in a law firm.
• Strong understanding of various fee arrangements and their financial implications.

Responsibilities

• Develop and implement sophisticated pricing strategies and models.
• Lead analysis of historical billing data and profitability trends.
• Collaborate with partners to develop pricing proposals for clients.

Skills

Analytical Skills

Communication

Problem-Solving

Data Interpretation

Education

Bachelor's degree in Finance

Master's degree or relevant certification

Tools

Microsoft Excel

Power BI

SQL

Job description

Lead Pricing Analyst - Center City - $90-115k - A flexible, hybrid work schedule is available with this opportunity.

Our client, a national law firm in Philadelphia, is seeking a highly motivated and experienced Lead Pricing Analyst to join their team. The Lead Pricing Analyst will play a critical role in developing, implementing, and managing the firm's pricing strategies to enhance profitability and client value. This position requires a strong analytical background, excellent communication skills, and a deep understanding of financial principles within a professional services environment, preferably within a law firm.

Responsibilities:

• Develop and implement sophisticated pricing strategies, models, and tools that align with the firm's financial objectives and market conditions.
• Lead the analysis of historical billing data, profitability trends, and market benchmarks to inform strategic pricing decisions.
• Build and maintain complex financial models to evaluate various fee arrangements, including alternative fee arrangements (AFAs), fixed fees, and value-based billing.
• Collaborate with partners, business development, and finance teams to develop pricing proposals for new and existing clients, including responses to Requests for Proposals (RFPs).
• Provide insightful analysis and recommendations on client and matter profitability, cost structures, and pricing performance.
• Monitor and assess the impact of implemented pricing strategies, identifying areas for optimization and adjustment.
• Lead the annual rate-setting process, including analyzing market trends, competitive intelligence, and internal data to recommend rate adjustments.
• Develop and maintain pricing guidelines, policies, and best practices across the firm.
• Prepare and present clear and concise reports and presentations on pricing analysis, trends, and recommendations to firm leadership.
• Work closely with the Legal Project Management team to integrate pricing considerations into project planning and budgeting.
• Contribute to the development and implementation of technology solutions and tools to support pricing analysis and management.
• Mentor and provide guidance to junior pricing analysts.
• Stay abreast of industry trends and best practices in legal pricing and financial management.
• Participate in ad-hoc projects and analyses as required by firm leadership.

Qualifications:

• Bachelor's degree in Finance, Accounting, Economics, Business Administration, or a related field. A Master's degree or relevant certification (e.g., Certified Pricing Professional) is a plus.
• Experience in financial analysis and pricing, preferably within a law firm or other professional services environment.
• Demonstrated expertise in developing and implementing complex financial models and pricing strategies.
• Strong understanding of various fee arrangements and their financial implications.
• Advanced proficiency in Microsoft Excel, including advanced formulas, pivot tables, and financial modeling.
• Experience with financial systems and analytics tools (e.g., Elite 3E, Aderant, Power BI, SQL) is highly desirable.
• Excellent analytical, problem-solving, and data interpretation skills with the ability to translate complex data into actionable insights.
• Strong communication (written and verbal) and interpersonal skills with the ability to effectively collaborate with attorneys and senior leadership.
• Exceptional organizational skills and the ability to manage multiple priorities and deadlines in a fast-paced environment.
• High level of attention to detail and accuracy.
• Ability to work independently and as part of a team.
• Strong ethical standards and ability to handle confidential information with discretion.

To apply, please send your resume and references to [e-mail]

Liberty Personnel Services, Inc.
300 Conshohocken State Road, Suite 750