Senior Pricing Analyst
4 weeks ago
Ryder Reid Legal Ltd is seeking a skilled Senior Pricing Analyst to join their team in London. This pivotal role involves managing billing rates, alternative fee arrangements, and profitability analyses on legal matters, making it a crucial part of the firm's global operations.
Key Responsibilities:- Evaluate market trends and identify opportunities for billing rates and value-based billing.
- Collaborate with attorneys to develop pricing proposals for client pitches.
- Model matter profitability and provide pricing analytics for firm management.
- Research comparable firm matters to aid in budget development.
- Design templates to assist attorneys with budgets.
- Liaise with the Legal Project Management team to monitor budgets and recommend re-pricing.
- Conduct periodic audits of the firm's rates and special fee arrangements database.
- Create analyses and design reports to showcase pricing trends.
- Collaborate with other departments to ensure accurate data capture and tool availability.
- Analyse client performance data to identify pricing opportunities.
- Perform ad hoc analyses and complete special projects as needed.
- Solid understanding of legal pricing.
- Proactive, self-starter with strong critical thinking and problem-solving skills.
- Ability to work independently in a fast-paced environment.
- Strong interpersonal and communication skills.
- University degree in business, economics, law, finance, accounting, or project management.
- Minimum of three years in financial, procurement, or pricing roles.
- Experience in large law firms or corporate legal departments preferred.
- Advanced proficiency in Excel.
Ryder Reid Legal Ltd is a recruitment specialist with a proven track record of connecting legal talent with leading law firms in London and internationally. Follow our LinkedIn page for the latest vacancies.
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Senior Pricing Analyst
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Senior Pricing Analyst
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