Senior Pricing Analyst

at Foley & Lardner LLP in Chicago, Illinois, United States

Job Description

Senior Pricing Analyst
US-IL-Chicago | US-WI-Milwaukee | US-TX-Houston

ID 
2024-3130  

Category 
Accounting/Finance  

Type 
Regular Full-Time  

FLSA Status 
Exempt  

Scheduled Hours 
40+  

Workplace 
Hybrid
Overview

Foley & Lardner LLP is a great place to work because of what we do and how we do it. Here, your unique perspectives, experiences, and abilities will be embraced and developed, so you can excel. Being a part of Foley means having the opportunities and resources necessary to gain experience, advance professional goals, and forge meaningful connections. It's a place where you can build your career and enjoy professionally satisfying work. We have over 2,300 people who are #HappyatFoley, and we think you will be too.
The Senior Financial Analyst is a member of the Practice & Pricing Analytics team within the firm's Accounting & Finance department. This role will support the firm's practice leadership with regards to practice analytics. The role will also work with attorneys developing pricing arrangements and client budgets. They will also assist in the design of analytical tools and reporting systems to support practice analytics, develop alternative fee arrangements, monitor performance against budgets, and assess the financial impact of pricing arrangements. The role requires they possess written and oral communication skills as they will be working with attorneys of all levels and firm leadership. The role requires the ideal candidate to prioritize multiple tasks and work under deadlines.

Responsibilities

Analyze, monitor, and effectively communicate practice metrics and data to advise firm leadership.
Develop models to assess financial impact and profitability of pricing proposals, and assist in the development of creative, workable pricing solutions in response to client demands, including alternative fee arrangements.
Monitor performance of pricing arrangements against established goals and key performance indicators, including utilization, leverage, realization, and profitability
Participate in the development of systems, tools, and processes to support the practice analytics and pricing arrangements.
Assist business development and marketing team in responding to client RFPs and pitches that require attention to detail and deadline adherence.
Provide analysis in support of annual firm processes such as partner compensation and setting attorney billing rates.
Perform ad-hoc analysis to meet firm needs.
Stay informed of current pricing trends within the legal market and apply learned concepts to help improve the firm's pricing capabilities.

Qualifications

Bachelor's Degree in Accounting, Finance or related field required; Master's Degree or certification preferred
Minimum of three (3) years of experience in accounting, finance, or pricing required
Law firm or professional services firm experience preferred
Pricing and/or profitability experience preferred
Outstanding written and oral communication skills required
Ability to be a self-starter required#LI-Hybrid
Foley & Lardner LLP is a top ranked law firm with offices throughout the United States and abroad. At Foley we strive to remain true to our core values- our clients, integrity, our people, citizenship, diversity, trust & respect, stewardship & accountability and professional satisfaction. As a result, we offer the highest quality legal counsel to our clients, as well as outstanding professional opportunities for our employees.

Foley employees enjoy a comfortable, yet professional work environment, exceptional benefit package, state-of-the-art technology, work/life balance, great working relationships and much more.

We invite you to consider a career with Foley.

Affirmative Action/Equal Opportunity Employer/M/F/Vet/Disabled.