Senior Rates Analyst

Addition Management; New York (NY); On-site; USD 80,000 - 110,000; Full time

Job summary

A prestigious international law firm is seeking a Rate Analyst to join their team in New York. The candidate will be responsible for implementing intricate annual rate structures, assisting with billing operations, and preparing analyses related to fee arrangements. Applicants should possess a B.S. in finance and a minimum of 5 years of experience in a similar role at a major law firm. Strong analytical skills and familiarity with Aderant or Elite software are preferred.

Qualifications

• 5+ years experience as a rates analyst or similar role at a major law firm.
• Strong knowledge of law firm billing and rate processes.
• Experience with Aderant or Elite software preferred.

Responsibilities

• Implement complex annual rate structures with high accuracy.
• Assist with day-to-day operations and timekeeper rate changes.
• Prepare realization analysis for fee arrangements.
• Coordinate responses to rate inquiries from partners and clients.

Skills

Finance knowledge

Analytical skills

Attention to detail

Communication

Education

B.S. in finance or related field

Tools

Aderant

Elite

Job description

Prestigious International Law firm is looking for a Rate Analyst to join their team!

Responsibilities

• Works with partners and other firm management to implement complex annual rate structures and inputs data into Aderant Expert Rates with a high degree of accuracy
• Coordinates with team to assist with day-to-day operations, including ad-hoc requests, as well as timekeeper rate changes and client maintenance
• Creates timekeeper rate charts for partner and firm management review
• Prepares realization analysis related to proposed and existing fee arrangements
• Assists with updating documentation and historical database related to client, matter and firm billing rates
• Researches and responds to requests from partners, clients and other accounting staff on rate related inquiries
• Responds to questions and requests in relation to RFPs
• Understands how attorney ranks/class year and seniority increases are built into rate structures
• Implements split billing arrangements when needed
• Maintains and sets up alternative fee arrangements where applicable
• Assists with matter creation process, monitoring rates and compliance with client billing guidelines
• Creates and maintains both internal and client required task-based billing matter plans
• Complies with and understands Firm’s operation, policies and procedures

Qualifications

• B.S. in finance or related field preferred
• Previous experience 5+ years as a rates analyst, billing coordinator, pricing analyst or related position at a major law firm required
• Strong background and knowledge of major law firm billing and rate processes required
• Experience using Aderant or Elite software preferred