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- Tasks: Support the EMEA Legal team with spend management and negotiate pricing with law firms.
- Company: Elevate is a global leader in legal consulting, technology, and services.
- Benefits: Enjoy a flexible work environment and be part of a diverse, inclusive culture.
- Why this job: Join a Fortune 50 company and make a real impact in the legal industry.
- Qualifications: 5+ years in legal pricing or procurement roles; strong negotiation and communication skills required.
- Other info: Work full-time on-site in London, collaborating with a talented global team.
The predicted salary is between 43200 - 72000 £ per year.
Job Description
Our customer, a Fortune 50 Technology Company is looking for a Legal Pricing Analyst with 5+ years' experience with Outside Counsel Management; Law Firm Pricing; AFAs; and Project Management for a contract engagement startingASAP.
Candidates must be able to work full-time (40 hours per week). The work will be performed on site 5-days a week at the London office.
Job responsibilities
Support the Legal Operations Manager, EMEA Lead with –
- Supporting the EMEA Legal team on spend management initiatives;
- Negotiating AFAs on high-legal spend matters and proactively looking for opportunities to negotiate AFAs;
- Assist with trainings re AFAs;
- Running RFPs including attending follow-up interviews with Outside Counseland the legal team;
- Collaborate with the legal team to create RFP templates for RFPs;
- Collaborate with our RFP vendor team to build RFP templates;
- Legal marketanalysis and benchmarking to support (and agree) rate negotiations withlaw firms acrossthe EMEA region;
- Draft process documents and playbooks;
- Negotiations with law firms on pricingindividual matters.
Skills and experience
Essential:
- Prior experience at an in-house legal department or a law firm/legal consulting service provider in EMEA
- 5+ years’ working in pricing/ commercial finance/ procurement roles in the legal sector
- Outside Counsel management including experience in benchmarking hourly rates
- Solid understanding of legal pricing specifically knowledge of and experience in negotiating AFAs
- Experience in developing/implementing solutions through financial modelling to support pricing decisions and operational improvements
- Verbal and written communication skills, problem solving skills, attention to detail and interpersonal skills.
- Strong ability to work independently, balance multiple hi-pri mandates, in a fast-paced environment.
- Strong abilityto create relationships with XFN teams.
- Technologically savvy and experienced with Google and Microsoft suites
Preferred:
- Prior experience at a Tech, Financial Servicesor Life Sciences company
- Familiarity with eBilling software
- Familiarity with RFP software
- Familiarity with Google Suite and SharePoint
- Familiarity with Tableau and other dashboarding tools
About Elevate
Elevate provides consulting, technology and services to law departments and law firms across the globe. Headquartered in Los Angeles, our 1,600+ strong team of legal professionals, lawyers, consultants, project managers, and engineers operate across the United States, Europe, UK, and Asia, Hong Kong and Australia.
ElevateFlex, is the flexible resourcing capability within Elevate, we define and support a new flexible career within the legal industry. We match exceptional legal professionals to the evolving needs of our Customers through the curation of a world-class, global Community of Talent, and advanced, technology-enabled search. We were recently proud to be assessed in Band 1 of Chamber’s Global Flexible Legal Resourcing category.
Our Vision is a world where legal and business teams achieve incredible outcomes, together.
Equitability and Inclusion are critical to ElevateFlex’s success. As The Law Company, changing the legal business landscape, we know a diverse, inclusive work culture is at the heart of attracting, retaining, and celebrating the industry’s most talented people. We empower our employees to bring their whole selves to work because we know that diversity of experience and perspective drive innovation and is simply good business.
As a strong proponent of diversity, equitability, and inclusion, ElevateFlex is committed to hiring diverse candidates from all backgrounds. We invite you to apply to become part of the ElevateFlex Team – help us change the legal business landscape and make a dent in the legal universe.
Legal Pricing Analyst employer: Elevate
Contact Detail:
Elevate Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Legal Pricing Analyst
✨Tip Number 1
Familiarise yourself with the latest trends in legal pricing and alternative fee arrangements (AFAs). Understanding current market practices will not only help you in interviews but also demonstrate your proactive approach to the role.
✨Tip Number 2
Network with professionals in the legal sector, especially those who have experience in pricing and outside counsel management. Engaging with industry peers can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully negotiated AFAs or managed legal spend in previous roles. Real-life scenarios will showcase your expertise and problem-solving skills effectively.
✨Tip Number 4
Research the company culture and values of ElevateFlex. Tailoring your conversation to align with their commitment to diversity, equity, and inclusion can set you apart as a candidate who fits well within their team.
We think you need these skills to ace Legal Pricing Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in Outside Counsel Management, Law Firm Pricing, and AFAs. Use specific examples from your past roles to demonstrate your skills and achievements relevant to the Legal Pricing Analyst position.
Craft a Compelling Cover Letter: Write a cover letter that addresses the key responsibilities mentioned in the job description. Explain how your background in pricing, commercial finance, and procurement roles in the legal sector makes you a perfect fit for the role.
Highlight Relevant Skills: Emphasise your verbal and written communication skills, problem-solving abilities, and attention to detail. Mention any experience with eBilling software or RFP processes, as these are preferred qualifications for the role.
Showcase Your Technological Proficiency: Since the role requires being technologically savvy, mention your experience with Google Suite, Microsoft Office, and any dashboarding tools like Tableau. This will demonstrate your ability to adapt to the company's tech environment.
How to prepare for a job interview at Elevate
✨Showcase Your Experience with AFAs
Make sure to highlight your experience in negotiating Alternative Fee Arrangements (AFAs). Be prepared to discuss specific examples where you successfully negotiated terms and how it benefited the legal team or firm.
✨Demonstrate Your Project Management Skills
Since the role involves project management, be ready to share instances where you've managed multiple high-priority projects. Discuss your approach to balancing these tasks and any tools you used to stay organised.
✨Prepare for RFP Discussions
Familiarise yourself with the RFP process, as you'll likely be asked about your experience running RFPs. Think of examples where you collaborated with teams to create templates or conducted follow-up interviews with outside counsel.
✨Emphasise Your Communication Skills
Strong verbal and written communication skills are essential for this role. Prepare to discuss how you've effectively communicated complex pricing strategies or negotiations to various stakeholders in previous positions.
