Pricing Manager
Womble Bond Dickinson (US) LLP · Phoenix, AZ · 1 wk ago
Marketing$135k–$160k/yrFull-time
Key Responsibilities
- Develop and execute pricing strategies across hourly, discounted, and alternative fee arrangements.
- Owning end-to-end pricing requests, including scoping, assumptions, modeling, timelines, and stakeholder coordination.
- Develop matter budgets and staffing assumptions, ensuring alignment with pricing strategy and financial objectives.
- Produce polished, client-ready pricing deliverables that clearly communicate structure, assumptions, and value.
- Partner with attorneys and practice leaders to deliver clear, actionable pricing guidance and support informed decision-making.
- Lead pricing strategy and deliverables for RFP responses, ensuring alignment with client expectations and firm financial objectives.
- Support pricing discussions for client engagements, including preparing materials and approaches that reflect client objectives, financial considerations, and proposed pricing structures.
- Drive the annual client and matter rate-setting process, including analysis, recommendations, and stakeholder coordination.
- Ensure alignment of rates and AFAs with firm guidelines and financial targets.
- Analyze market data and benchmarks to identify trends, risks, and opportunities, and translate findings into actionable insights for partners and firm leadership.
- Monitor matter performance, identify variances, and recommend adjustments—including evaluating profitability drivers and incorporating post-matter insights to improve future pricing approaches.
- Collaborate cross-functionally (Finance, BD, Billing, Intake) to support accurate execution of pricing decisions.
- Contribute to innovation efforts, including integrating AI-enabled and advanced analytics tools to enhance pricing insights, support data-driven decision-making, and increase efficiency in pricing processes.
- Guide and mentor Analysts, supporting development and contributing to a strong, growing team.
Qualifications
- Bachelor’s degree in Finance, Accounting, Economics, Business, or a related field.
- 5–7+ years of pricing or financial analysis experience in a professional services environment, including at least 2 years in the legal industry; experience leading, supervising, or mentoring analysts is preferred.
- Advanced financial modeling skills, including Excel expertise (complex formulas, dynamic modeling, pivot tables) and experience building and maintaining complex financial models.
- Strong understanding of legal pricing structures, including rates, matter planning and budgeting, staffing models, and alternative fee arrangements.
- Strong analytical, problem-solving, and communication skills, with the ability to translate complex financial concepts into clear, actionable guidance for diverse audiences.
- Familiarity with law firm financial operations, including timekeeping, billing, and accounts receivable.
- Knowledge of matter management workflows, including pricing requirements, budgeting, time categorization, and compliance with Outside Counsel Guidelines (OCGs).
- Experience with Aderant or similar large firm financial systems preferred.
- Proficiency with Microsoft database query and reporting tools using Structured Query Language (SQL), Power Query and Power BI is a plus.
- Proficiency with Microsoft Office and collaboration tools (e.g., Teams, Copilot).
- Collaborative and proactive approach with strong stakeholder management skills.
- Able to manage multiple priorities in a fast-paced, deadline-driven environment.
- High level of professionalism, sound judgment, and discretion in handling sensitive financial and client information.
Compensation
The national salary range is approximately $135,000 - $160,000. Starting salary will be determined based on location, qualifications, and experience.
Benefits
- Medical Insurance
- Dental Insurance
- Vision Insurance
- Health Savings Account
- Flexible Spending Accounts
- Life insurance
- Disability Insurance
- Paid Parental Leave
- 401(k) Plan
- Paid Days Off/Vacation
- Firm Paid Holidays