Manager Of Pricing And Legal Project Management

Profile

Manager of Pricing and Legal Project Management
The candidate will report to the Director of Pricing & Practice Group. Support the Manager of Pricing & Legal Project Management is a key member of the firm’s pricing function and leads the analyst team by evaluating client and matter pricing arrangements and supporting legal project management (LPM) initiatives. Ensure the successful execution of deliverables needed to assess legal pricing proposals, provide recommendations to partners and clients on best practices and seamlessly implements feedback from the Director of Pricing. Build robust processes for scaling legal pricing & LPM within a rapidly-growing and strategically important function. Will be a leader who balances analytical skills and knowledge of legal pricing with excellent communication and customer service to distill information. Will also provide training guidance and mentorship to analysts within the pricing function. Assist with developing and presenting educational programs for partners around pricing, budgeting, and general law firm economics and will also strive to expand competitive intelligence. Create and analyze pricing structures and legal matter budgets. Develop key relationships with firm personnel across a variety of functions, including practice group leadership, Managing Partners, partners, COO, CFO, Marketing, Financial Systems & Analysis, Billing, Project Management, and IT. Educate lawyers on law firm financials, including alternative fee arrangements (AFAs), leveraging AFAs profitably, and key financial metrics. Assist with yearly firmwide standard rate-setting and ensure the firm’s rates will maintain profitability and remain competitive with peers. Model matter realization and profitability in support of pricing targets. Research historical matters and prepare an analysis to inform and compare budget proposals and build on a database of budgets to enhance pricing accuracy. Design templates to assist attorneys with budgeting and actively monitor engagements while supplying reports to management. Support practice group and matter leadership by monitoring and explaining key financial metrics. Document and maintain detailed records of procedures, assumptions, methodologies, and sources of information utilized in the analysis. Coordinate with business development partners to complete requests for proposals (RFPs) and meet deadlines. Interact with Finance & Accounting department staff and other administrative departments to ensure data consistency and provide accurate and timely reporting. Clearly communicate analysis, financial metrics, and budget reports with lawyers to ensure the success of individual attorneys and the firm overall. Ensure quality and accuracy of the analyst team’s work product; leads the team in developing tools, processes, and procedures to benefit workflow and maximize efficiency. Maintain positive, collaborative and professional attitude within pricing team and project strong customer service image to other departments and lawyers. Work closely with the director to provide excellent management, mentoring and growth opportunities for the pricing analysts.

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