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- Tasks: Lead pricing strategies to boost profitability and growth for Lawfront's legal services.
- Company: Join Lawfront, a dynamic provider of legal services through top regional law firms.
- Benefits: Enjoy a collaborative work environment with opportunities for professional development and training.
- Why this job: Be part of a culture that values innovation, teamwork, and confident pricing strategies.
- Qualifications: Bachelor's degree in Finance, Economics, or Business; experience in pricing is a plus.
- Other info: Ideal for those who thrive in a fast-paced, supportive atmosphere focused on continuous improvement.
The predicted salary is between 36000 - 60000 £ per year.
Why join Lawfront?
Lawfront provides legal services to individuals and businesses through leading regional law firms – Farleys, Fisher Jones Greenwood, Nelsons and Slater Heelis.
The Pricing Manager at Lawfront will be responsible for developing and implementing pricing strategies across the group to maximize profitability and growth. This role involves analysing market trends, competitor pricing, and customer behaviour to set competitive prices for Lawfront\’s services.
The Pricing Manager will work closely with the Pricing Champion (managing partner of one of our firms), finance, marketing, and regional management to put in place pricing strategies and tactics in line with the company\’s overall business objectives.
Additionally, the Pricing Manager will support the development of a strong pricing culture within the firms, encouraging confident pricing behaviour among fee earners.
Key responsibilities
- Develop and maintain a group-wide overview of hourly and menu pricing in each firm.
- Conduct pricing and profitability analysis and provide recommendations to senior management.
- Analyse market trends, competitor pricing, and customer behaviour to set competitive prices.
- Monitor and adjust pricing strategies based on market conditions and business needs.
- Develop pricing models and tools to support decision-making.
- Ensure compliance with pricing policies and regulations.
- Organise external pricing training and provide direct support to fee earning teams on pricing strategies and tools.
- Encourage strong pricing behaviour among fee earners, mentor, and offer training.
- Communicate the benefits of confident pricing and share best practices.
- Provide advice on pricing strategy and support management in pricing decisions.
What We Are Looking For?
Qualifications
- Bachelor\’s degree in Finance, Economics, Business Administration, or a related field.
- Professional certification in pricing or related field is a plus.
Skills, knowledge and experience
- Experience in services pricing, specific exposure to legal services or other professional services environment is a plus.
- Strong analytical and quantitative skills.
- Excellent communication and presentation skills.
- Experience with pricing software and tools.
- Knowledge of market research and data analysis techniques.
- Ability to work collaboratively with cross-functional teams.
- Strong organizational and time management skills.
Personal attributes
Change Agility: Availability, aptitude, and appetite to lead and influence others in line with company messaging.
Adaptability: Displays a pro-active approach and the ability to “think on their feet”
Self-Awareness: Aware of their impact on others, ability to self-regulate when under pressure and sense of self assurance and confidence, that gives others certainty.
Emotional Intelligence: Demonstrates the ability to support others to be at their best, understands what makes each person unique and adjust style accordingly.
Continuous Improvement & Innovation: Constantly curious looking for ways to optimise performance, impact, and efficiency. Seeks opportunities to innovate in small and large ways and support this in others.
Trust and Psychological Safety: Creates a culture of high trust where people feel they can speak up without judgment or blame. Each member of the Department feels psychologically safe and able to reach out if support is required.
If this sounds like you then please get in touch and initially apply by clicking the link below.
Lawfront | Pricing Manager employer: Lawfront
Contact Detail:
Lawfront Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Lawfront | Pricing Manager
✨Tip Number 1
Familiarize yourself with the legal services market and current pricing strategies. Understanding how competitors price their services will give you a significant edge in discussions during the interview.
✨Tip Number 2
Brush up on your analytical skills, especially in relation to pricing models and profitability analysis. Be prepared to discuss specific examples of how you've used data to influence pricing decisions in the past.
✨Tip Number 3
Showcase your communication skills by preparing to explain complex pricing strategies in simple terms. This will demonstrate your ability to work collaboratively with cross-functional teams, which is crucial for this role.
✨Tip Number 4
Highlight any experience you have with pricing software and tools. Being able to discuss your proficiency with these tools will set you apart as a candidate who can hit the ground running.
We think you need these skills to ace Lawfront | Pricing Manager
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Pricing Manager position at Lawfront. Understand the key responsibilities and qualifications required, as this will help you tailor your application.
Highlight Relevant Experience: In your CV and cover letter, emphasize any experience you have in pricing strategies, particularly in legal or professional services. Use specific examples to demonstrate your analytical skills and ability to work collaboratively.
Showcase Your Skills: Clearly outline your strong analytical and quantitative skills, as well as your communication and presentation abilities. Mention any relevant software or tools you are familiar with that relate to pricing.
Express Your Personal Attributes: Lawfront values personal attributes such as change agility, adaptability, and emotional intelligence. In your application, provide examples of how you embody these traits and how they can contribute to a strong pricing culture within the firm.
How to prepare for a job interview at Lawfront
✨Understand Pricing Strategies
Make sure you have a solid grasp of various pricing strategies, especially in the context of legal services. Be prepared to discuss how you would analyze market trends and competitor pricing to develop effective pricing models.
✨Showcase Analytical Skills
Highlight your strong analytical and quantitative skills during the interview. Prepare examples of past experiences where you conducted pricing analysis or profitability assessments, and be ready to explain your thought process.
✨Communicate Effectively
Since excellent communication is key for this role, practice articulating your ideas clearly and confidently. Think about how you can convey complex pricing concepts in a way that is easy to understand for different stakeholders.
✨Demonstrate Change Agility
Be ready to discuss how you adapt to change and lead others through it. Share examples of how you've influenced pricing behavior in previous roles and how you foster a culture of trust and psychological safety within teams.
