Pricing Analyst
CurrentWorking in a team of four, my main responsibility is to analyse pricing and profitability data in order to identify trends, opportunities and recommendations for improvement. I support stakeholders to devise pricing strategies for clients and matters that meet the client’s legal spend objectives whilst proving profitable for the firm.Preparing analysis to support proposed fee arrangements and rate negotiations.Undertaking analysis of financial data to identify trends… Show more Working in a team of four, my main responsibility is to analyse pricing and profitability data in order to identify trends, opportunities and recommendations for improvement. I support stakeholders to devise pricing strategies for clients and matters that meet the client’s legal spend objectives whilst proving profitable for the firm.Preparing analysis to support proposed fee arrangements and rate negotiations.Undertaking analysis of financial data to identify trends, opportunities and recommendations to improve profitability.Identifying opportunities to involve our Legal Project Managers in live matters.Working with our Legal Project Managers to improve profitability on new and live matters.Compiling and analysing financial data to help proactively inform future pricing and matter management decisions, including undertaking matter/client deep dives to identify areas of improvement.Tracking pricing decisions and analysing performance of existing fee agreements to identify opportunities for future improvement.Working with the Head of Pricing and the Pricing Manager to develop fee options in response to RFPs and ad-hoc client and matter requests.Developing innovative pricing propositions that enhance our ability to win profitable work.Managing e-auctions.Continuously improving the firm's global pricing processes.Supporting the design, development and implementation of self-service pricing tools.Updating the pricing intranet page to aid the sharing of knowledge and access to useful information. Show less