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For Companies At a Glance
- Tasks: Manage legal pricing and collaborate with teams to negotiate and optimise costs.
- Company: Join Elevate, a global leader in legal consulting and technology services.
- Benefits: Enjoy a dynamic work environment with opportunities for professional growth and flexible career paths.
- Why this job: Be part of a diverse team driving innovation in the legal industry while making a real impact.
- Qualifications: 8+ years in legal pricing or procurement, with strong negotiation and communication skills required.
- Other info: Work on-site in London, engaging with top-tier legal professionals and firms.
The predicted salary is between 48000 - 72000 £ per year.
Job Description
Our customer, a Fortune 50 Technology Company is looking for a Legal Pricing Manager with 8+ years' experience with Outside Counsel Management; Law Firm Pricing; AFAs; and Project Management for a contract engagement starting ASAP.
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 –
- Assisting 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 AFA’s;
- 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 market analysis and benchmarking to support (and agree) rate negotiations with law firms acrossthe EMEA region;
- Draft process documents and playbooks;
- Negotiations with law firms on pricing individual matters.
Skills and experience
Essential:
- Prior experience at an in-house legal department or a law firm/legal consulting service provider in EMEA
- 8+ 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 solutionsthrough financial modellingto support pricing decisions and operational improvements
- Verbal and written communication skills, problem solvingskills, attention to detail and interpersonal skills.
- Strong ability to work independently, balance multiple hi-pri mandates, in a fast-paced environment.
- Strong ability to create relationships with XFN teams.
- Technologically savvy and experienced with Google and Microsoft suites
Preferred:
- Prior experience at a Tech, Financial Servicesor Life Sciencescompany
- Familiarity with eBilling software
- Familiarity with RFP software
- 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 Manager employer: Elevate
Contact Detail:
Elevate Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Legal Pricing Manager
✨Tip Number 1
Network with professionals in the legal pricing and operations field. Attend industry events or webinars where you can meet people who work in similar roles, especially within tech or financial services companies. Building these connections can provide valuable insights and potentially lead to referrals.
✨Tip Number 2
Familiarise yourself with the latest trends in legal pricing and alternative fee arrangements (AFAs). Being knowledgeable about current market practices will not only help you in interviews but also demonstrate your commitment to staying updated in this evolving field.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully negotiated AFAs or managed outside counsel in previous roles. Having concrete stories ready will showcase your experience and problem-solving skills, making you a more compelling candidate.
✨Tip Number 4
Research the company culture at Elevate and understand their commitment to diversity and inclusion. Be ready to articulate how your values align with theirs during the interview process, as cultural fit is often just as important as technical skills.
We think you need these skills to ace Legal Pricing Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your 8+ years of experience in legal pricing, outside counsel management, and project management. Use specific examples that demonstrate your skills in negotiating AFAs and managing legal spend.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the legal sector and your ability to negotiate effectively. Mention your familiarity with eBilling software and RFP processes, as these are key aspects of the role.
Highlight Relevant Skills: In your application, emphasise your verbal and written communication skills, attention to detail, and problem-solving abilities. These are essential for the role and should be evident in your application materials.
Showcase Your Technological Proficiency: Mention your experience with Google and Microsoft suites, as well as any familiarity with Tableau or dashboarding tools. This will demonstrate your technological savvy, which is important for the position.
How to prepare for a job interview at Elevate
✨Know Your AFAs
Make sure you have a solid understanding of Alternative Fee Arrangements (AFAs) and be prepared to discuss your experience negotiating them. Highlight specific examples where you've successfully negotiated AFAs in high-spend matters.
✨Demonstrate Your Project Management Skills
Since the role involves project management, be ready to share instances where you've managed multiple high-priority projects simultaneously. Discuss your approach to balancing these tasks and any tools or methodologies you use.
✨Showcase Your Communication Skills
Effective communication is key in this role. Prepare to demonstrate your verbal and written communication skills by discussing how you've collaborated with cross-functional teams and presented complex information clearly.
✨Research the Company and Legal Market
Familiarise yourself with the company’s position in the legal market and recent trends in legal pricing. This will not only show your interest but also allow you to engage in informed discussions during the interview.
