Senior Pricing Analyst

Coda Search│Staffing

New York (NY)

On-site

USD 120,000 - 180,000

Full time

3 days ago
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Job summary

Coda Search│Staffing is seeking a Senior Pricing Analyst for a world-renowned law firm. You will develop and implement pricing strategies that support financial goals and client service objectives, and analyze complex financial data to build pricing models.

You will collaborate with partners, practice group leaders, and stakeholders, design AFAs, prepare cost estimates across litigation, regulatory, and transactional work, and respond to RFPs with coordinated input.

Qualifications

  • Five+ years of relevant experience in a law firm or professional services environment.
  • At least two years in a pricing, financial analysis, or AFA-related role.
  • Sophisticated knowledge of MS Suite and relational databases, with the ability to learn new software and operating systems.

Responsibilities

  • Develop and implement pricing strategies aligned with the Firm's financial goals and client service objectives.
  • Analyze complex financial data, create pricing models, and provide actionable insights for decision-making.
  • Prepare cost estimates for legal services across all practice areas, including litigation, regulatory, and transactional work.
  • Lead efforts to respond to Requests for Proposals (RFPs) by coordinating input from multiple departments.
  • Design and implement reporting methodologies to monitor client engagements against budgets and forecast outcomes.
  • Review and analyze investment and realization reports to evaluate matters under AFAs.
  • Monitor market trends and competitors' pricing strategies to adjust models as needed.
  • Draft fee proposals based on services and fee arrangements, advising partners on strategic considerations.

Skills

Pricing analysis
Financial modeling
MS Excel
Stakeholder comms

Tools

MS SQL
Relational databases

Job description

One 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, 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.

Education/Experience

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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