Pricing Manager

Liberty Personnel Services, Inc.; Chicago (IL); Hybrid; USD 140,000 - 190,000; Full time

Job summary

Liberty Personnel Services, Inc. is assisting a Chicago law firm in hiring a Legal Pricing Manager.

You will develop pricing strategies to boost profitability while staying competitive in the legal market and collaborate with partners, practice group leaders, and admin teams to analyze proposals and client engagements. The hybrid Chicago role requires a bachelor’s degree in Business, Finance, or Accounting (MBA preferred) and pricing or financial analysis experience in a professional services

Qualifications

• Current/prior law firm pricing experience is required.
• Experience in pricing, financial analysis, or strategic management is preferred in a professional services environment.
• Strong analytical skills with the ability to interpret complex data and provide actionable insights.

Responsibilities

• Create and implement pricing strategies that align with the firm’s strategic goals.
• Evaluate and refine existing pricing models to improve profitability and client satisfaction.
• Conduct analyses of pricing data, market trends, and competitor pricing to identify opportunities and risks.
• Collaborate with finance and accounting teams to track and report financial performance related to pricing initiatives.
• Educate attorneys and staff on pricing strategies and the importance of value-based pricing.
• Develop tools and resources that support the firm's pricing initiatives.
• Stay abreast of industry trends and changes in client expectations related to pricing and service delivery.
• Conduct market research to benchmark firm practices against competitors.

Skills

Pricing strategy

Financial analysis

Strategic management

Stakeholder collaboration

Education

Bachelor’s degree in Business, Finance, Accounting, or related field

MBA or relevant advanced degree preferred

Job description

Legal Pricing Manager - Law Firm - Chicago - Hybrid - $140-190k

**Current/prior law firm/legal industry pricing experience is required!**

Role:

The Pricing Manager will be responsible for developing and implementing pricing strategies that enhance the firm’s profitability while maintaining competitiveness in the legal market. The ideal candidate will work closely with partners, practice group leaders, and administrative teams to analyze pricing structures, develop proposals, and provide insights that inform decision-making related to client engagements.

Responsibilities:

• Create and implement pricing strategies that align with the firm’s strategic goals.
• Evaluate and refine existing pricing models to improve profitability and client satisfaction.
• Conduct analyses of pricing data, market trends, and competitor pricing to identify opportunities and risks.
• Collaborate with finance and accounting teams to track and report financial performance related to pricing initiatives.

Training and Education:

• Educate attorneys and staff on pricing strategies and the importance of value-based pricing.
• Develop tools and resources that support the firm's pricing initiatives.

Market Research:

• Stay abreast of industry trends and changes in client expectations related to pricing and service delivery.
• Conduct market research to benchmark firm practices against competitors.

Qualifications:

• Bachelor’s degree in Business, Finance, Accounting, or a related field; MBA or relevant advanced degree preferred.
• Experience in pricing, financial analysis, or strategic management, preferably in a law firm or professional services environment.
• Strong analytical skills with the ability to interpret complex data and provide actionable insights.