What are the responsibilities and job description for the Pricing Analyst position at K&L Gates?
Job Summary
Job Description
At K&L Gates, we are looking for smart, imaginative and hard-working people with diverse backgrounds, experiences and ideas to join us. Perhaps our search for talented visionaries and your search for important and impactful work lead to the same place.
We are seeking a Pricing Analyst to join any of our US offices. The Pricing Analyst’s primary responsibilities revolve around working with our lawyer and allied professional teams in order to develop appropriate fee solutions meeting client demands while maintaining and improving the firm’s profitability. This role is a part of a highly cross-functional team working with all levels of legal and allied professionals across the firm. This position will assist the firm’s Pricing Managers and Director in the preparation and analysis of the Firm’s historical work and new pricing solutions in order to be able to advise, propose, and subsequently assist in the development of appropriate fee arrangements – including hourly and alternative solutions – and the creation of matter budgets. This individual will also be highly involved in the annual rate setting process, focusing their attention on practice-specific rate strategy and execution. In addition, the Analyst will help prepare firm-wide training on legal pricing principals, matter management, and matter budgeting.
Essential Duties
The compensation salary for this position will be determined during the interview process and will vary based on multiple factors, including but not limited to prior experience, relevant expertise, current business needs, and market factors.
In accordance with the Los Angeles Fair Chance Ordinance, San Francisco Fair Chance Ordinance, and the California Fair Chance Act, qualified applicants for our Los Angeles and San Francisco offices with arrest and conviction records will be considered.
About The Firm
K&L Gates is a fully integrated global law firm with lawyers located across five continents in more than 40 offices. We have experienced dramatic growth in the past decade and now rank among the largest U.S. based law firms in the world. We take pride in constantly striving for innovation, imagination and an entrepreneurial spirit. We come up with big ideas and then roll up our sleeves to get the job done, guiding our clients through their most complex issues in a variety of industry sectors and across multiple regions of the world.
The industry recognition the firm has garnered emanates from the foundation of a global community aligned on behalf of our clients. The people at K&L Gates are committed to working together to create a legacy for each other, the firm, our clients, and the communities in which we serve. We thrive in an inclusive and socially conscious environment that embraces diversity and takes a holistic approach to the career evolution of all our professionals.
For more information or to view other job opportunities, please click here to go back to our careers page.
Notice: We participate in E-Verify in certain Firm locations for purposes of verifying employment eligibility.
Benefits
K&L Gates offers our personnel a comprehensive suite of benefits to help meet your needs now and in the future. Depending on your eligibility, options for full-time personnel include:
The Firm is an equal opportunity employer. It is the policy of the Firm that employment decisions shall be based on merit, qualifications and competence. Employment practices will not be influenced or affected by virtue of a person’s race (including traits associated with race, including hair texture and protective hairstyles such as afros, braids, locks, and twists), religion, creed, color, national origin, ancestry, citizenship, physical disability, mental disability, medical condition, genetic information, marital status, sex, pregnancy, childbirth, breastfeeding, gender, parental status, gender identity, gender expression, sexual orientation, age, familial status, domestic violence victim status, military and veteran status, or any other characteristic protected by applicable federal, state, or local law. This policy governs all aspects of employment including, without limitation, recruiting, hiring, compensation, benefits, promotion, assignment, and dismissal. In addition, it is the Firm’s policy to provide an environment that is free of prohibited harassment of any kind including, without limitation, that which is based on sex, race, age, disability, ethnic background, or any other category protected by law (including the categories listed above). The Firm complies with federal and state disability laws and makes reasonable accommodations for applicants and employees with disabilities. If you require reasonable accommodation in completing this application, interviewing, or otherwise participating in the employee selection process, please contact askHR@klgates.com .
Job Description
At K&L Gates, we are looking for smart, imaginative and hard-working people with diverse backgrounds, experiences and ideas to join us. Perhaps our search for talented visionaries and your search for important and impactful work lead to the same place.
We are seeking a Pricing Analyst to join any of our US offices. The Pricing Analyst’s primary responsibilities revolve around working with our lawyer and allied professional teams in order to develop appropriate fee solutions meeting client demands while maintaining and improving the firm’s profitability. This role is a part of a highly cross-functional team working with all levels of legal and allied professionals across the firm. This position will assist the firm’s Pricing Managers and Director in the preparation and analysis of the Firm’s historical work and new pricing solutions in order to be able to advise, propose, and subsequently assist in the development of appropriate fee arrangements – including hourly and alternative solutions – and the creation of matter budgets. This individual will also be highly involved in the annual rate setting process, focusing their attention on practice-specific rate strategy and execution. In addition, the Analyst will help prepare firm-wide training on legal pricing principals, matter management, and matter budgeting.
Essential Duties
- Creating and evaluating alternative pricing solutions and matter budgets
- Analyzing and reporting on individual matter performance (eg, budget vs actual) in a timely and accurate manner
- Strong understanding of matter management and budget tools (Clocktimizer, Iridium, Cosine, etc.)
- Creating and generating matter performance statistics and KPI reports for management and practice groups for a range of matters
- Interacting with groups across the firm and working directly with attorneys, as well as Finance, Marketing, IT and other departments
- Developing Best Practices and benchmarking for pricing, primarily for their assigned practice areas
- Developing solutions to complex data analysis and reporting requirements while keeping in mind the scope, limitations and impact to other integrated solutions
- Critically evaluate information gathered from multiple sources, reconcile conflicts, decompose high-level information into details, abstract up from low-level information to a general understanding, and distinguish user requests from the underlying true needs
- Work independently with lawyers to develop solutions, project performance, and evaluate matter progress through completion
- Drive and challenge lawyers on their assumptions underpinning their approach to fee arrangements
- Possess strong situational awareness and the ability to diffuse difficult or contentious situations
- Proven ability to work creatively and analytically in a problem-solving environment
- Excellent analytical skills, most notably with Microsoft Excel, are required; additional skills with PowerPoint, Reporting Services, SQL and financial management/budgeting applications are beneficial
- Ability to organize, analyze and summarize large amounts of data to identify key performance indicators, trends and core concepts
- Ability to develop and deploy reports using the firm’s reporting tools
- Anticipate and correct problems, establish conclusions and develop creative solutions
- Demonstrated experience managing multiple priorities in a changing and demanding environment
- Experience working both independently and in a team-oriented environment
- Ability to explain complicated business/financial concepts in easy to understand ways
- Ability to encourage and build positive relationships and communicate (both verbal and written) effectively with all co-workers and outside vendors
- Effectively manages and communicates confidential issues
- 5 or more years within Consulting, Economics, Financial or Business Analysis
- Prior experience with training and developing training materials
- Bachelor’s degree in Business or other relevant background, plus three or more years of experience preferably within a law or professional services firm; Masters in Business Administration (MBA) or equivalent preferred
- General office environment, ability to travel to client sites, ability to work and communicate with a range of firms stakeholders
- Frequent computer use at workstation or office, up to and over eight hours at a time.
- Frequently work at fast pace, multitasked, with unscheduled interruptions
- Responsibilities occasionally may require an adjusted work schedule, overtime, and evening/weekend hours in order to meet deadlines
- Office contact position requiring appropriate business attire
- Mobility within the office including movement from floor to floor
- Access information using a computer or mobile device
- Carrying a mobile device and accepting calls from colleagues during non-work hours
- Any information contained on this form represents the usual method of accomplishing the duties in this job. Reasonable accommodations will be considered in appropriate circumstances. However, as the nature of an accommodation may vary depending on the needs and desires of an individual with a disability, it is impossible to describe in advance specific accommodations which will be considered.
The compensation salary for this position will be determined during the interview process and will vary based on multiple factors, including but not limited to prior experience, relevant expertise, current business needs, and market factors.
In accordance with the Los Angeles Fair Chance Ordinance, San Francisco Fair Chance Ordinance, and the California Fair Chance Act, qualified applicants for our Los Angeles and San Francisco offices with arrest and conviction records will be considered.
About The Firm
K&L Gates is a fully integrated global law firm with lawyers located across five continents in more than 40 offices. We have experienced dramatic growth in the past decade and now rank among the largest U.S. based law firms in the world. We take pride in constantly striving for innovation, imagination and an entrepreneurial spirit. We come up with big ideas and then roll up our sleeves to get the job done, guiding our clients through their most complex issues in a variety of industry sectors and across multiple regions of the world.
The industry recognition the firm has garnered emanates from the foundation of a global community aligned on behalf of our clients. The people at K&L Gates are committed to working together to create a legacy for each other, the firm, our clients, and the communities in which we serve. We thrive in an inclusive and socially conscious environment that embraces diversity and takes a holistic approach to the career evolution of all our professionals.
For more information or to view other job opportunities, please click here to go back to our careers page.
Notice: We participate in E-Verify in certain Firm locations for purposes of verifying employment eligibility.
Benefits
K&L Gates offers our personnel a comprehensive suite of benefits to help meet your needs now and in the future. Depending on your eligibility, options for full-time personnel include:
- Medical/Prescription Drug Coverage (including a Health Savings Account feature)
- Back-up Child/Elder Care and access to a caregiving concierge
- Dental Insurance
- Wellness Program
- Vision Insurance
- Pre-tax Commuting Benefits
- 401(k) Retirement Plan and Profit Sharing
- Business Travel Accident Insurance
- Short- and Long-term Disability Protection
- Pet Insurance
- Life Insurance (including Basic, Supplemental, Spouse, Child, and Accidental Death and Dismemberment)
- Health Advocacy Services
- Paid Time Off (25-30 days per year)
- Identity Protection/Restoration and Fraud Insurance
- Parental Leave (18 weeks of which 6 are paid; short-term disability may provide additional paid time off)
- Student loan refinancing options and access to a student loan concierge service
- Paid Holidays (12)
- Addiction Resources
- Family Building Benefits
- Breast Milk Delivery and Lactation Support Services
- Flexible Spending Accounts
- Employees also may be eligible to receive bonuses and certain expense reimbursements
- Employee Assistance Program
- Professional Development and CLE Credit Opportunities
- 529 Deductions
- Relocation
- Accident Insurance
- Employee Referral Program
- Critical Illness Insurance
- Hybrid/Remote Work Opportunities
- Hospital Indemnity Insurance
- Perks including: Technology, Entertainment, and Travel Discount Programs
- Bereavement Leave
- All other benefits (such as leaves of absence) required by law
The Firm is an equal opportunity employer. It is the policy of the Firm that employment decisions shall be based on merit, qualifications and competence. Employment practices will not be influenced or affected by virtue of a person’s race (including traits associated with race, including hair texture and protective hairstyles such as afros, braids, locks, and twists), religion, creed, color, national origin, ancestry, citizenship, physical disability, mental disability, medical condition, genetic information, marital status, sex, pregnancy, childbirth, breastfeeding, gender, parental status, gender identity, gender expression, sexual orientation, age, familial status, domestic violence victim status, military and veteran status, or any other characteristic protected by applicable federal, state, or local law. This policy governs all aspects of employment including, without limitation, recruiting, hiring, compensation, benefits, promotion, assignment, and dismissal. In addition, it is the Firm’s policy to provide an environment that is free of prohibited harassment of any kind including, without limitation, that which is based on sex, race, age, disability, ethnic background, or any other category protected by law (including the categories listed above). The Firm complies with federal and state disability laws and makes reasonable accommodations for applicants and employees with disabilities. If you require reasonable accommodation in completing this application, interviewing, or otherwise participating in the employee selection process, please contact askHR@klgates.com .
Salary : $82,000 - $154,000
