Pricing Manager â Profitability & Analytics
Pricing Manager â Profitability & Analytics
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1 Vacancy
Job Description
About Latham & Watkins
Latham & Watkins is a global law firm consistently ranked among the top firms in the world. The success of our firm is largely determined by our commitment to hire and develop the very best and brightest creating a team that provides our clients with the highest quality of work and service. We are driven by our core values: respect innovation and collaboration.
About the Role
The Pricing Manager Profitability & Analytics is an integral part of Lathams Global Finance role will be responsible for supporting Lathams pricing approval function ensuring the financial integrity of fee arrangements while fostering strategic and profitable growth across all practice areas while reviewing validating and approving fee proposals involving discounts alternative fee arrangements (AFAs) and other non-standard terms to ensure financial soundness consistency and alignment with firm objectives. This role will be located in either our New York or Los Angeles office. Please note that this role may be eligible for a flexible working schedule that allows for a hybrid and in-office presence.
Responsibilities & Qualifications
Other key responsibilities include:
- Providing data-driven recommendations and materials to support the firms Pricing Approval Committee and identifying risk trends opportunity areas and potential guardrails for fee flexibility
- Developing Key Performance Indicators and reporting frameworks to track pricing approval volume turnaround time financial impact and exceptions generating monthly/quarterly insights for executive leadership to inform pricing policy and client strategy
- Partnering with key leadership stakeholders to develop workflows escalation paths and policies to ensure an efficient responsive and auditable approval process
- Improving operational excellence and create scalable solutions in partnership with cross-functional teamsincluding Conflicts Technology and Legal Project Management (LPM)to streamline intake approvals documentation and compliance tracking
- Partnering with Legal Project Management (LPM) and Finance to conduct retrospectives on engagements that involved discounted or non-standard pricing identifying lessons learned and feedback loops to improve future decision-making
- Protecting and maintaining any highly sensitive confidential privileged financial and/or proprietary information that Latham & Watkins retains
Wed love to hear from you if you:
- Demonstrate knowledge of various information technology systems including knowledge of Microsoft Excel PowerPoint and Business Objects
- Exhibit strong knowledge of market research resources and financial reporting
- Possess excellent financial modeling skills and project management skills
And have:
- A Bachelors degree or equivalent in economics finance business administration or related field preferably an MBA
- A minimum of seven (7) years analytical experience in finance or related professional services environment
- A minimum of two (2) years leading projects and other initiatives preferably
- Previous experience in a customer-focused position preferably
- Previous experience in running revenue-related programs preferably
Benefits & Additional Information
Successful candidates will not only be provided with an outstanding career opportunity and welcoming environment but will also be provided with a generous total compensation package with bonuses awarded in recognition of both individual and firm performance. Eligible employees can participate in Lathams comprehensive benefit program which includes:
- Healthcare life and disability insurance
- A generous 401k plan
- At least 11 paid holidays per year and a PTO program that accrues 23 days during the first year of employment and grows with tenure
- Well-being programs (e.g. mental health services mindfulness and resiliency medical resources well-being events and more)
- Professional development programs
- Employee discounts
- Affinity groups networks and coalitions for lawyers and staff
Latham & Watkins is an equal opportunity employer. The Firm prohibits discrimination against any employee or applicant for employment on the basis of race (including but not limited to hair texture and protective hairstyles) color religion sex age national origin sexual orientation gender identity veteran status (including veterans of the Vietnam era) gender expression marital status or any other characteristic or condition protected by applicable statute.
Please click here to view the full job description for this role.
Latham & Watkins LLP will consider qualified applicants with criminal histories in a manner consistent with the City of Los Angeles Fair Chance Initiative for Hiring Ordinance (FCIHO). Please click the link below to review the Ordinance.
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Pay Range
Required Experience:
Manager
Employment Type
Full-Time
