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- Tasks: Lead AI-driven pricing strategies and collaborate with partners to enhance client offerings.
- Company: Prestigious international law firm at the forefront of AI integration.
- Benefits: Competitive salary, professional development, and opportunities for impactful work.
- Other info: Dynamic role with significant influence on pricing strategies and client negotiations.
- Why this job: Shape the future of legal pricing with innovative AI solutions.
- Qualifications: Experience in B2B pricing and knowledge of AI's impact on pricing models.
The predicted salary is between 60000 - 80000 £ per year.
The integration of AI into the legal industry is driving a fundamental shift in pricing models, and firms that successfully leverage AI's capabilities are likely to gain a competitive edge. Our client, an international and highly respected law firm, is keen to hear from pricing professionals with knowledge in AI.
Responsibilities:
- The Pricing Manager is business and client facing and will require frequent contact with key stakeholders and senior colleagues.
- Work with Partners and other key stakeholders to prepare panel and transaction pricing proposals.
- Proactively encourage partners to offer pricing choice to our clients and prospective clients.
- Form a commercial view of the client, including profitability analysis, rates analysis, past matter performance, benchmarking and strategic importance to both the partner and the firm.
- Write business cases to support the submission of pricing proposals to the Pricing Approval Board.
- Provide pricing support for global pricing proposals.
- Undertake financial modelling and scenario analysis to support pricing decisions.
- Assist partners in understanding financial performance of their practice through the various pricing levers.
- Own and deliver pricing projects as they arise.
- Support partners in developing negotiation strategy and attending client negotiations on behalf of the firm.
- Assisting with the annual rates review process.
Qualifications:
- Several years pricing experience in a B2B environment - knowledge of professional service business models could be advantageous.
- Understanding of AI-driven efficiency and its impact on pricing.
- Knowledge of value based pricing, alternative fee arrangements such as fixed fees, capped fees, and success-based pricing models.
- Understanding of how to navigate the complexities of AI adoption while maintaining professional integrity.
AI Pricing Manager (Law Firm) in London employer: Anthem Consulting
Contact Detail:
Anthem Consulting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land AI Pricing Manager (Law Firm) in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the legal and pricing sectors. Attend industry events or webinars where you can meet potential employers and showcase your knowledge of AI in pricing.
✨Tip Number 2
Prepare for interviews by brushing up on your understanding of AI-driven pricing models. Be ready to discuss how you've used data analysis in past roles to drive pricing strategies and support decision-making.
✨Tip Number 3
Don’t just wait for job openings to pop up! Proactively reach out to firms you admire, even if they’re not advertising for a Pricing Manager. Show them how your skills can add value to their team.
✨Tip Number 4
When you find a role that excites you, apply through our website! We make it easy for you to showcase your skills and experience directly to the hiring team, increasing your chances of landing that dream job.
We think you need these skills to ace AI Pricing Manager (Law Firm) in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the AI Pricing Manager role. Highlight your experience in pricing, especially in a B2B environment, and any knowledge you have about AI-driven efficiency. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about integrating AI into pricing models and how your past experiences make you a great fit for our team. Keep it engaging and relevant to the role.
Showcase Your Analytical Skills: Since the role involves financial modelling and scenario analysis, be sure to showcase your analytical skills in your application. Mention specific projects or experiences where you've successfully used these skills to drive results.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications better and ensures you don’t miss out on any important updates from us. Plus, it’s super easy!
How to prepare for a job interview at Anthem Consulting
✨Know Your AI Stuff
Make sure you brush up on your knowledge of AI and its impact on pricing models in the legal industry. Be ready to discuss how AI can drive efficiency and how it relates to value-based pricing. This will show that you understand the core of what the firm is looking for.
✨Showcase Your Pricing Experience
Prepare specific examples from your past roles where you've successfully managed pricing strategies or proposals. Highlight your experience with alternative fee arrangements and how you've navigated complex pricing scenarios. This will demonstrate your hands-on expertise.
✨Engage with Stakeholders
Since the role involves frequent contact with partners and key stakeholders, practice how you'll communicate your ideas clearly and persuasively. Think about how you can encourage partners to offer pricing choices and be prepared to discuss your approach to client negotiations.
✨Be Ready for Financial Modelling Questions
Brush up on your financial modelling skills and be prepared to discuss how you've used scenario analysis in past roles. The interviewers may ask you to walk through a pricing decision you've made, so having a solid example ready will help you shine.