Ropes & Gray

Pricing Strategy Analyst

Ropes & Gray$84K — $128K *
Legal & Accounting
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of pricing experience in a legal or service industry setting.
  • BA/BS degree in Business, Finance, or a related field.
  • Proficiency in financial data analysis and report preparation.
  • Advanced Excel skills with VBA programming experience.
  • Familiarity with legal pricing tools like MicroStrategy and 3e.
  • Ability to handle multiple priorities independently.

Responsibilities

  • Assist with the annual pricing renewal by auditing financial terms.
  • Construct databases to analyze pricing strategies and their impacts.
  • Develop quotes by applying economic models for profitability.
  • Collaborate with internal teams to create pricing responses for RFPs.
  • Provide analytical support during client fee negotiations.
  • Create and implement pricing management tools and processes.
  • Compile market data for reports and strategic presentations.

Benefits

  • Comprehensive health and wellness benefits.
  • Personal and professional development opportunities.
  • Career growth within a supportive culture.
  • Eligibility for a performance-based discretionary bonus.
Full Job Description
Overview

The legal industry is experiencing profound change. What was once a simple matter of billing by the hour has become a complex web of pricing arrangements as unique as the clients we serve. We are looking for a pricing professional that wants to change an industry and build the tools that will serve as the standard for how big law does business.

In this role you will work directly with leaders/owners of the firm to develop pricing strategies, create innovative client level pricing arrangements and implement analytics to measure success. If you want to be challenged, to build something from scratch, to drive change and get in on the ground floor of the next big wave in pricing, this is your opportunity.

Responsibilities

Essential Functions:

Yearly renewal

  • Assist with the yearly price renewal process by reviewing AFAs and auditing terms for accuracy.
  • Capture terms in a single data base and build models to current calculate the impact of various pricing strategies.
  • Track implementation of new prices and ensure price increase deadlines are being met.

Price Desk

  • Respond to requests for quotes using economic models to assess the profitability of new business proposals and assist in the development of creative, workable pricing solutions, including alternative fee arrangements.
  • Work with attorneys, practice groups, marketing personnel and financial management to draft the financial and pricing responses to client RFP submissions.
  • Support Managers and Directors with analysis on economic drivers and client behavior during fee negotiations.
  • Design, build and implement tools and processes used by the firm to better manage the review and approval of pricing opportunities.
  • Assist with compiling and organizing external competitive data into reports and presentations,
  • Collaborate with team members to develop and implement firm strategies based on new insights.
Qualifications
  • General pricing experience as a consultant or practitioner with a history of developing and implementing innovative pricing solutions
  • Must have a 3 to 5 years of experience in pricing, revenue management or financial reporting and analysis, or equivalent. Law firm or service industry preferred.
  • Requires a BA/BS degree in Business, Finance or Technical discipline.
  • Must have the ability to analyze financial data and prepare concise reports to assist management in understanding variances and make risk assessments.
  • Experience building tools using advanced Excel techniques and VBA programing.
  • Knowledge of financial and reporting systems; ideally of legal services products such as MicroStrategy and 3e.
  • The ability to manage multiple priorities and complete tasks with minimum supervision is required
Compensation and Total Rewards Package

Ropes & Gray is proud to offer a comprehensive Total Rewards package to our business support team members. The firm also offers comprehensive health and well-being benefits, personal and professional development, career growth opportunities and a collegial and supportive culture. The anticipated pay range for this role is listed below and represents our good faith and reasonable estimate of the starting salary range at the time of posting. In addition, this role is eligible for a discretionary bonus based on performance. The actual offered rate for this position will be determined based on job-related, non-discriminatory factors, including qualifications and experience, geographic location, education, external market data and consideration of internal equity.

  • Boston: $77,000 - $117,450
  • New York: $84,000 - $128,100

Working Conditions

This position requires hybrid on-site presence as an essential function of the role. Consistent and predictable on-site presence is required for ongoing business continuity, professional development and effective collaboration with colleagues and management.

About Ropes & Gray

Ropes & Gray is a global law firm with more than 1,400 lawyers and professionals in 11 offices located in the United States, Asia and Europe. The firm has a diverse practice that includes corporate and transactional law, litigation and enforcement, intellectual property, private equity, real estate, tax, and bankruptcy and restructuring. Ropes & Gray serves clients in a wide range of industries, including private equity, life sciences, health care, technology, media and telecommunications, financial services, and energy and natural resources.
Learn more about Ropes & Gray
Size
4,000 employees
Industry
Founded
1865

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