Title: Senior Rate Analyst
Location: New York City (Hybrid)
Salary: $90,000 - $110,000 + Bonus
Prestigious International Law firm is looking for a Rate Analyst to join their team!
Responsibilities
- Works with partners and other firm management to implement complex annual rate structures and inputs data into Aderant Expert Rates with a high degree of accuracy
- Coordinates with team to assist with day-to-day operations, including ad-hoc requests, as well as timekeeper rate changes and client maintenance
- Creates timekeeper rate charts for partner and firm management review
- Prepares realization analysis related to proposed and existing fee arrangements
- Assists with updating documentation and historical database related to client, matter and firm billing rates
- Researches and responds to requests from partners, clients and other accounting staff on rate related inquiries
- Responds to questions and requests in relation to RFPs
- Understands how attorney ranks/class year and seniority increases are built into rate structures
- Implements split billing arrangements when needed
- Maintains and sets up alternative fee arrangements where applicable
- Assists with matter creation process, monitoring rates and compliance with client billing guidelines
- Creates and maintains both internal and client required task-based billing matter plans
- Complies with and understands Firm’s operation, policies and procedures
Qualifications
- B.S. in finance or related field preferred
- Previous experience 5+ years as a rates analyst, billing coordinator, pricing analyst or related position at a major law firm required
- Strong background and knowledge of major law firm billing and rate processes required
- Experience using Aderant or Elite software preferred