Jr. Legal Invoice Analyst | Hybrid in Minneapolis, MN
About the role
The Legal Invoice Analyst I will be responsible for the prompt, accurate and efficient auditing of electronically submitted legal fee and expense invoices submitted by law firms and vendors of our clients. The candidate will be responsible for making adjustments to invoice line item entries, where those line item entries violate provisions of the relevant billing guidelines and documenting the justification for such adjustments. The Legal Invoice Analyst I will provide guidance to business unit partners regarding issues or opportunities within the LBA process.
Responsibilities
- Efficiently and accurately review legal invoice entries.
- Receive legal invoice assignments from the Operations Support Specialist and/or work the intake queue for self-assignments.
- Verify the compliance to legal billing guidelines by law firms and vendor submitting invoices.
- Verify the accuracy of the UTBMS task codes (Fee, Activity and Expense codes) applied to invoice line items.
- Document reasons for any adjustments made to invoice line items, identifying the billing guideline violated and the rationale for the amount adjusted.
- Forward the audited legal bill through the review chain as required.
- Communicate and calibrate with Legal Invoice Analyst and Quality Assurance Analyst team members.
- Excellent ability to review, analyze and evaluate legal fee and cost/expense invoice entries and to exercise discretion and sound judgment when making audit and adjustment decisions.
- Strong understanding of legal terminology and claims legal situations, multijurisdictional exposure preferred.
- Self-motivated with an ability to work independently and with very limited supervision after training.
- Excellent computer skills with the ability to learn the electronic legal bill submission and auditing software.
- Organizational skills, including the ability to organize work in an orderly fashion conducive to the prompt, efficient review of an appropriate number of legal invoices in a given day or time period.
- Familiarity with common business math and possess appropriate business telephone skills.
Requirements
- Paralegal Certification or Bachelor's Degree in legal related discipline and/or equivalent work experience.
- 1-3 years of experience in a legal services or legal auditing environment, including: Experience with legal billing processes.
- Firm understanding of the federal and/or state rules of civil procedure.
- Team Work: Must work collaboratively with people within LBACOE and throughout the entire organization, while providing constructive feedback to LBACOE from the BUs.
- Problem Solving: Capable of independent thinking and rendering sound decisions. Astute at identifying and engaging the necessary resources to help in decision making. Takes quick actions to identify and resolve the cause of any problem. Proactive in nature.
- Leadership: Exhibits individual control over day to day responsibilities as well as the ability to work collaboratively with other BUs to produce results.
- Planning and Organizing: Must be able to implement plans with the purpose of achieving short and long term goals. Must be able to prioritize in order to accomplish these goals in a given time period.
- Technology: Has the ability to partner with experts in the technology field to identify technology gaps and requirements necessary to develop position and impactful solutions.
- Learning: Ability to acquire new or modify existing knowledge to support a changing market place and workforce. Can demonstrate a capability to learn by study, experience, or instruction.
- Initiative and Enterprise: Is self-directed and has the ability to translate ideas into action and get things done.
- Tools: Microsoft Office Suite (Word, Excel, PowerPoint, Outlook).
Skills
- Excellent ability to review, analyze and evaluate legal fee and cost/expense invoice entries and to exercise discretion and sound judgment when making audit and adjustment decisions.
- Strong understanding of legal terminology and claims legal situations, multijurisdictional exposure preferred.
- Self-motivated with an ability to work independently and with very limited supervision after training.
- Excellent computer skills with the ability to learn the electronic legal bill submission and auditing software.
- Organizational skills, including the ability to organize work in an orderly fashion conducive to the prompt, efficient review of an appropriate number of legal invoices in a given day or time period.
- Familiarity with common business math and possess appropriate business telephone skills.
- Microsoft Office Suite (Word, Excel, PowerPoint, Outlook).
Benefits
- The individual may also be eligible for discretionary bonuses.
- Can participate in medical, dental, and vision benefits as well as the company's 401(k) retirement plan.
Pay
Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to: · the individual's skill sets, experience and training; · licensure and certification requirements; · office location and other geographic considerations; and · other business and organizational needs. With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses and/or participation in medical, dental, and vision benefits as well as the company's retirement plan (or similar retirement benefits).
Schedule
Hybrid in Minneapolis, MN - 55402
Qualifications
MUST HAVE:
- Paralegal Certification or Bachelor's Degree in legal related discipline and/or equivalent work experience.
- 1-3 years of experience in a legal services or legal auditing environment, including: Experience with legal billing processes.