Pricing & LPM Analyst

at Jenner & Block LLP in Chicago, Illinois, United States

Job Description

POSTION SUMMARY

Reporting to the Pricing Manager, you will join a collaborative and dedicated team of professional analysts and work closely with our lawyers in an important firmwide initiative to optimize pricing and increase profitability. You will help evaluate new business proposals by modeling alternative pricing arrangements and providing analytical support. You will also assist with legal project management (LPM), tracking matters from inception to close, ensuring efficient outcomes and budget adherence.

ESSENTIAL JOB FUNCTIONS

• Modeling matter realization and profitability with scenario analysis to support pricing decisions by firm management.
• Researching historical matters and preparing analysis to inform and compare budget proposals and build on a database of budgets to enhance pricing accuracy.
• Designing templates to assist attorneys with creating budgets, and monitoring engagements throughout the matter lifecycle, providing reports to management regularly.
• Supporting practice group leadership by creating reports identifying key financial metrics, pricing trends and collaborating with other departments and client teams on ad hoc analysis.
• Documenting and maintaining detailed records of procedures, assumptions, methodologies and sources of information utilized in analysis.
• Coordinating with business development partners to complete requests for proposals (RFPs) and meet deadlines.
• Collaborating with Finance & Accounting department staff and other administrative departments to ensure data consistency and provide accurate and timely reporting.
• Clearly communicating analysis, financial metrics, and budget reports with lawyers to ensure success of individual attorneys and the firm overall.
• Continually working to ensure quality and accuracy of work product. Contributing to team to develop tools, processes, and procedures to maximize efficiency.
• Maintaining positive, collaborative and professional attitude within pricing team and as well as with other departments and lawyers.

QUALIFICATIONS AND REQUIREMENTS

• Bachelor’s Degree in Finance, Accounting, Business Administration, Economics, or a related field is required.
• 2+ years of pricing experience in a law firm strongly preferred.
• Strong business acumen and analytical skills and the ability to learn and apply new skills quickly and effectively.
• Knowledge of corporate finance and accounting principles and terminology, with general knowledge of the legal services business. Prior law firm or financial experience a plus.
• Must be well organized with strong attention to detail and good business judgment, capable of handling sensitive information with appropriate discretion.
• Proficiency in Microsoft Office Suite, specifically Excel and PowerPoint, is required. Advanced Excel proficiency, including experience with pivot tables, VLOOKUPs, etc. is preferred. Experience with SharePoint, database management, data presentation software, Visual Basic, and SQL is a plus.
• Ability to connect report data and statistics with business outcomes for analysis and forecasting.
• Excellent oral and written communication skills, demonstrating an ability to explain complex concepts to professionals of different backgrounds with confidence.
• Ability to work independently and maintain flexibility with respect to assigned tasks due to changing deadlines and deliverables in a fast-paced environment.
• Must have a positive attitude and be results-oriented, dependable, adhere to established time commitments and demonstrate strong customer service attributes.

Disclaimer

Additional Duties

This job description is intended to provide a general overview of the primary duties and responsibilities for the position. It is not an exhaustive list of all tasks or responsibilities that may be assigned. The role may include additional duties, specialized projects, and other tasks as required. The firm reserves the right to modify or adjust the responsibilities to meet business needs.

Physical Requirements

Candidates must be able to meet the physical demands of the position, including the ability to commute to the office as required on designated in-office days based on the position. The firm is committed to providing reasonable accommodations in accordance with the Americans with Disabilities Act (ADA) for qualified individuals with disabilities.