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- Tasks: Support billing and costs team, manage monthly billing meetings, and ensure timely progression of matters.
- Company: Join an award-winning multidisciplinary law firm with a stellar reputation in the legal industry.
- Benefits: Enjoy a collaborative work environment and opportunities for professional growth within a respected firm.
- Why this job: Be part of a dynamic finance team, contributing to impactful legal work while developing your skills.
- Qualifications: No specific experience required; ideal for high school or college students eager to learn.
- Other info: Flexible hours available to accommodate your studies.
The predicted salary is between 36000 - 60000 £ per year.
We are currently seeking a talented Billing Coordinator for our client, an award-winning multidisciplinary law firm with an outstanding reputation. In this role, you will be working alongside the Finance Team and assisting fee earners across the firm. Your focus will be on supporting the billing and costs team, ensuring timely progression of matters, and contributing to monthly billing meetings with all fee earners.
Key Responsibilities:
- Attend monthly billing meetings with fee earners to review Work in Progress (WIP), progress on current files, and manage housekeeping tasks such as:
- Time transfers
- Rate changes
- WIP write-offs
- Billing write-offs
- File closures
- Disbursement transfers or write-offs
- Amend client records as needed
- Assess fees received versus targets with each fee earner
- Ensure tasks arising from billing meetings are promptly addressed, including troubleshooting
- Draft and process payments on account for profit costs and disbursements via CCMS (where required)
- Post weekly bills after receiving remittance from the LAA, accurately allocating costs to fee earners and applying appropriate timelines and disbursements
- Correspond with external cost draftsmen to ensure files are progressing smoothly.
Billing Coordinator-Legal employer: LJ Recruitment
Contact Detail:
LJ Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Billing Coordinator-Legal
✨Tip Number 1
Familiarise yourself with the billing processes specific to legal firms. Understanding how billing works in a legal context, including terms like WIP and disbursements, will show your potential employer that you’re ready to hit the ground running.
✨Tip Number 2
Network with professionals in the legal finance sector. Attend industry events or join relevant online forums to connect with people who can provide insights into the role and potentially refer you to opportunities at firms like ours.
✨Tip Number 3
Brush up on your communication skills. As a Billing Coordinator, you'll need to liaise with fee earners and external cost draftsmen regularly, so being able to communicate clearly and effectively is crucial.
✨Tip Number 4
Demonstrate your problem-solving abilities. Be prepared to discuss examples of how you've tackled challenges in previous roles, especially those related to billing or finance, as this will highlight your suitability for the position.
We think you need these skills to ace Billing Coordinator-Legal
Some tips for your application 🫡
Understand the Role: Read the job description carefully to understand the key responsibilities and skills required for the Billing Coordinator position. Tailor your application to highlight relevant experience in billing, finance, or legal environments.
Highlight Relevant Experience: In your CV and cover letter, emphasise any previous roles where you managed billing processes, worked with finance teams, or interacted with legal professionals. Use specific examples to demonstrate your capabilities.
Showcase Your Skills: Make sure to mention skills that are crucial for this role, such as attention to detail, organisational skills, and proficiency in financial software. If you have experience with CCMS or similar systems, be sure to include that.
Craft a Strong Cover Letter: Write a compelling cover letter that not only outlines your qualifications but also expresses your enthusiasm for working with an award-winning law firm. Mention how you can contribute to their finance team and support fee earners effectively.
How to prepare for a job interview at LJ Recruitment
✨Understand the Billing Process
Familiarise yourself with the billing processes specific to law firms. Be prepared to discuss how you would handle tasks like time transfers and WIP write-offs, as these are crucial for the role.
✨Showcase Your Communication Skills
Since you'll be working closely with fee earners and the finance team, demonstrate your ability to communicate effectively. Prepare examples of how you've successfully collaborated with others in previous roles.
✨Be Ready for Problem-Solving Questions
Expect questions that assess your problem-solving skills, especially regarding troubleshooting billing issues. Think of scenarios where you've resolved conflicts or addressed discrepancies in financial records.
✨Highlight Attention to Detail
As a Billing Coordinator, accuracy is key. Prepare to discuss how you ensure precision in your work, particularly when drafting payments and allocating costs. Mention any tools or methods you use to maintain high standards.
