Jobs · Manufacturing · California

Director - Strategic Pricing

Goodwin · Santa Monica, CA · 2 mo ago
HybridManufacturing$225k–$300k/yrFull-time

Overview

Join Goodwin’s Global Operations Team, and make a real impact on a global scale. At Goodwin, we work with some of the world’s most successful and innovative investors, entrepreneurs and disruptors in the life sciences, private equity, real estate, technology and financial industries, and where they converge.

About the Role

The Pricing Director will be a senior commercial leader within the Client Value team, owning pricing strategy and execution across a defined portfolio of practice and industry groups. You will be the expert your partner community turns to when they need to win work, retain clients, and deliver matter economics that work for both sides of the relationship.

Responsibilities

  • Strategic Pricing & AFA Design
    • Lead pricing strategy across your allocated practice and industry groups — from single-matter estimates to complex, multi-jurisdictional engagements and panel arrangements.
    • Design, negotiate, and manage a full suite of alternative fee arrangements: fixed fees, capped fees, phased fees, success/contingency structures, blended rate models, portfolio pricing, and hybrid arrangements tailored to matter type and client risk appetite.
    • Develop pricing frameworks and scoping models that reflect how work is actually being done — including matters where AI tools are driving efficiency — and price accordingly, ensuring the firm captures value rather than eroding it.
    • Build and maintain a suite of pricing templates, precedent models, and proposal tools that partners can deploy confidently in client conversations.
  • Client Engagement & Partner Advisory
    • Partner with Rate Operations and FP&A on annual rate reviews, rate card design, rack rate strategy, and client-specific discount frameworks.
    • Serve as a trusted advisor to partners and practice group leaders on all pricing matters — pitches, RFPs, renewals, panel bids, and in-flight matter repricing.
    • Translate client feedback — gathered through the Voice of the Client function — into pricing adjustments and commercial proposals that strengthen relationships.
    • Coach partners and associates on commercial awareness, matter scoping, and the economics of legal service delivery.
    • Support the Client Development team on competitive bids, credentials, and differentiated pricing narratives.
  • Commercial Performance
    • Work closely with broader Finance team including FP&A to monitor matter-level profitability — flagging risk, identifying scope creep, and recommending corrective action before it becomes a client or firm problem.
    • Develop and maintain profitability benchmarks by matter type, practice group, and client tier, enabling more intelligent pricing decisions at the point of engagement.
    • Own the post-matter review process for your portfolio — building the institutional knowledge that makes every subsequent pricing decision smarter.
    • Support the Legal Project Management team in embedding budget discipline on fixed-fee and AFA matters from day one.
  • AI-Enabled Pricing & Innovation
    • Help define and operationalize Goodwin's approach to pricing legal work delivered with AI — a genuinely novel challenge that requires commercial creativity and an understanding of both technology and client psychology.
    • Work with the firm's technology and digital leadership to understand how AI tools are changing the cost base of legal service delivery, and build pricing models that reflect this new reality.
    • Identify opportunities to introduce pricing tools, automation, and data-driven models that improve the speed, consistency, and quality of pricing outputs.
    • Stay current on market developments — including what peer firms, legal tech vendors, and sophisticated in-house legal teams are doing — and bring those insights back into the team.
  • Team Collaboration & Knowledge Sharing
    • Work in close collaboration with your fellow Pricing Directors and the broader Client Value team — sharing precedents, models, and market intelligence to build a cohesive and consistent firm-wide pricing capability.
    • Contribute to the development of pricing methodology, standard approaches, and guidance materials that elevate the quality of pricing advice across the firm.
    • Support the onboarding and development of more junior team members, including analysts and managers, creating a team culture of learning and commercial curiosity.

Requirements

  • 10+ years experience in a senior pricing, commercial finance, or legal operations role, ideally within a law firm or professional services environment.
  • Deep, practical knowledge of alternative fee arrangements: not just awareness, but a track record of designing, negotiating, and managing them successfully.
  • Demonstrated ability to work directly with senior stakeholders — partners, C-suite clients, or equivalent — on commercial and pricing strategy.
  • Experience building pricing models, financial analyses, and commercial proposals from the ground up, with strong Excel / financial modelling skills.
  • Exposure to legal technology, AI-enabled workflows, or pricing tools in a professional services context is a significant advantage.
  • Experience pricing technology-enabled legal services, AI-assisted work product, or managed legal services — and have thought about how value is defined and captured in that context.

Qualifications

  • Commercial Acumen: A genuinely commercial mindset — you think about value, not just cost, and you understand the difference between price and worth.
  • Communication Skills: Comfortable explaining complex pricing concepts clearly to lawyers who didn't study finance, and to clients who are comparing you against three other firms.
  • Influence & Relationships: The credibility and interpersonal skill to earn the trust of skeptical senior partners — not through hierarchy, but through expertise, preparation, and consistently good judgment.
  • Mindset: Entrepreneurial energy: comfortable building in an environment that is still maturing and willing to create the tools and processes that don't yet exist.
  • Intellectual Curiosity: Intellectually curious about the future of legal services, AI, and how pricing needs to evolve to keep pace.
  • High Standards, Low Ego: You care about the quality of the work more than who gets the credit.

Benefits

  • Health, dental, and vision insurance
  • Life and disability insurance
  • Retail and Savings Plan
  • Emergency back-up child and adult care
  • Paid vacation, sick time off, and holidays
  • Professional development and career advancement opportunities
  • Employee recognition and reward programs
  • Employee wellness and assistance programs
  • Employee discounts and perks

Target Salary Range

Varies by location and is commensurate with relevant experience: $225,000.00 - $300,000.00

Similar jobs

Director - Strategic Pricing

GoodwinSan Francisco Bay Area· 2 mo ago
Manufacturing$225k–$300k/yrapply on goodwinprocter.wd5.myworkdayjobs.com