Commercial Pricing Specialist

Commercial Pricing Specialist

Full-Time 36000 - 60000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Support client fee negotiations and deliver commercial pricing insights.
  • Company: Join Clifford Chance, a leading global law firm with an inclusive culture.
  • Benefits: Enjoy hybrid working, competitive benefits, and opportunities for personal growth.
  • Why this job: Make a real impact in a dynamic finance team while developing your negotiation skills.
  • Qualifications: Degree educated with strong communication and negotiation skills.
  • Other info: Be part of a diverse team that values collaboration and innovation.

The predicted salary is between 36000 - 60000 £ per year.

This job is with Clifford Chance, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community.

The role Clifford Chance’s Finance team is at the heart of its strategy. The department is involved in managing accounts, budgets and forecasts, providing trend and competitor analysis and other statistical support for Partner presentations, as well as cash management, remuneration and internal audit, ultimately ensuring that the Firm is compliant, efficient and profitable.

The Commercial Pricing Specialist role is part of the global Commercial Finance team and has a primary focus on client panel/fee negotiations. The team are regarded as the experts in their field providing high quality commercial pricing, analysis and insights as well as training.

Who You Will Work With

The Commercial Pricing Specialist role sits in the Finance team, as part of the Commercial Finance function servicing our global network. Partners and client relationship teams across the network in collaboration with colleagues from Business Development, our Innovation & Best Delivery Team as well as across Finance and other business professional functions.

What You Will Be Responsible For

  • Supporting the Head of Commercial Pricing – Clients and Director of Commercial Finance in delivering client commercial support aligned to the Firm’s strategic pricing objectives, commercial standards and pricing governance.
  • Raising commercial awareness with Partners and influencing their commercial decision making on strategic client fee deals.
  • Delivering commercial support, analysis and insights with a focused, co‑ordinated and consistent team‑wide approach.
  • Delivering commercial awareness training to fee earners and business professional colleagues through formal training as well as through day‑to‑day interactions.
  • Producing commercial pricing models and negotiation strategies for strategic client fee deals and provide support throughout the pricing process.
  • Ownership of reporting and submission of pricing proposals to the Global Pricing Committee.
  • Client‑facing, engaging with client procurement in client fee negotiations and supporting the Partners throughout.
  • Working collaboratively with other business professional colleagues to deliver commercial support aligned to the firm’s strategy.

What You Will Do Pricing

  • You will work closely with Partners to support and, in some instances, lead negotiations on behalf of the firm.
  • Influence Partners on how to formulate commercial proposals and how to develop a negotiation strategy.
  • You will identify opportunities to improve commercials on current client and matter opportunities in line with the firm’s strategy.
  • Guide on participation in competitive tendering processes, including client use of eAuctions.
  • You will undertake internal client commercial review benchmarking and assist in formulating commercial strategies.
  • You will contribute to the evolution of the commercial pricing function and work alongside other business professional functions to deliver improved commercial outcomes.
  • You will ensure adherence to the firm’s commercial standards and pricing governance.
  • Along with other members of the global commercial team, continually refine governance tools and processes in line with market developments.
  • You will develop and submit pricing proposals to the global pricing committee.
  • You will work with Partners to increase the variety of alternative fee arrangements the firm is offering to clients.
  • You will be responsible for training and upskilling individuals across the network so as to extend the coverage of the global commercial community.

Team

Work as part of a highly skilled and knowledgeable team creating a "go to", trusted and highly valued commercial function. Report to the Head of Commercial Pricing – Clients and work closely with team colleagues across finance and other business professional functions.

Qualifications

Your experience Skills

  • A commercially focused and highly numerate individual with a proven ability to influence Partners and senior stakeholders.
  • Strong communicator who can explain commercials with sufficient gravitas to influence Partner decisions and interact with clients.
  • A commercially astute and strong negotiator who can hold/protect margin in discussions whilst taking on responsibility for liaising with client procurement functions.
  • Ability to work autonomously but under firm guiding principles and as part of a highly collaborative and impactful team.

Experience

  • Preferably experience of providing client panel pricing support within a law firm or professional services environment.
  • Experience of scenario modelling / compiling pricing proposals and understanding the levers to deliver client value and commercially viable pricing.

Knowledge

A finance/pricing/procurement expert who understands and can balance the sensitivities of dealing with Partners and clients in commercial discussions.

Qualifications

Educated to degree level. Fluent in English. Additional language skills would be beneficial.

Company Description

We are one of the largest international law firms in the world. With over 30 offices across the globe, we strive to exceed the expectations of our clients, providing them with the highest‑quality advice and legal insight, which combines the firm’s global standards with in‑depth local expertise. Our firm, work and people span jurisdictions, cultures, and languages. We offer our clients a truly international perspective. We believe every career should be rewarding and stimulating – full of opportunities to learn, thrive, and grow. That’s why we’re so proud of our inclusive, friendly, and team‑based approach to work. Our one‑firm global strategy is focused on targeted growth led by the needs of our core clients, those who we can best support with the breadth and depth of Clifford Chance expertise, across the sectors and geographies, which matter most to them. You’ll find our clients in commercial and industrial sectors, the financial investor community, governments, regulators, trade bodies, and not‑for‑profit organisations. But no matter who they are or why they’ve reached out to us, we provide a world‑class service every step of the way. And that’s possible thanks to the entrepreneurial spirit and conscientious approach to work that you’ll find across all of our teams. Whichever area of the business you join, you’ll become an integral part of an innovative, diverse and ambitious team of people. Clifford Chance is a place where the brightest minds and the best of colleagues meet.

Hybrid working

This role follows our ‘balanced’ hybrid working approach and as long as business needs allow, you will be supported to work in a hybrid way with the expectation of working from the office for a minimum of 50% of your time.

What we offer including our broad range of benefits and working environment

When you join Clifford Chance, you will have access to a broad range of benefits to support you across many aspects of your personal and professional life including financial, wellbeing, lifestyle, and family‑friendly benefits.

Equal opportunities

At Clifford Chance, we understand that our true asset is our people. Inclusion is good for our team and their families, our firm and society. We are committed to treating all employees and applicants fairly and equally regardless of their gender, gender identity and expression, marital or civil partnership status, race, colour, national or ethnic origin, social or economic background, disability, religious belief, sexual orientation or age. This applies to recruitment and selection, terms and conditions of employment including pay, promotion, training, transfer and every other aspect of employment. We have a variety of flourishing employee networks. These networks are a place for colleagues to share experiences and advocate for change wherever they see an opportunity for improvement. Our goal is to deliver an equality of opportunity, an equality of aspiration and an equality of experience to everyone who works in our firm.

Commercial Pricing Specialist employer: myGwork - LGBTQ+ Business Community

Clifford Chance is an exceptional employer that champions inclusivity and professional growth, making it a prime choice for those seeking a rewarding career as a Commercial Pricing Specialist. With a strong emphasis on collaboration and innovation, employees benefit from a supportive work culture, comprehensive training opportunities, and a balanced hybrid working model that promotes both personal and professional well-being. The firm’s commitment to diversity and its extensive range of employee benefits further enhance the experience of working in one of the largest international law firms, where every team member is valued and empowered to thrive.
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Contact Detail:

myGwork - LGBTQ+ Business Community Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Commercial Pricing Specialist

✨Tip Number 1

Network like a pro! Reach out to current employees at Clifford Chance on LinkedIn or through mutual connections. A friendly chat can give you insider info and might just get your foot in the door.

✨Tip Number 2

Prepare for those interviews by practising common questions related to commercial pricing and negotiation strategies. We recommend role-playing with a friend to boost your confidence and refine your answers.

✨Tip Number 3

Showcase your analytical skills! Bring examples of how you've influenced pricing decisions or improved commercial outcomes in past roles. Numbers speak volumes, so be ready to share your successes.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining the team at Clifford Chance.

We think you need these skills to ace Commercial Pricing Specialist

Commercial Awareness
Negotiation Skills
Financial Acumen
Data Analysis
Client Relationship Management
Communication Skills
Scenario Modelling
Pricing Strategy Development
Stakeholder Influence
Training and Upskilling
Collaboration
Problem-Solving Skills
Attention to Detail
Autonomy

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your CV and cover letter for the Commercial Pricing Specialist role. Highlight your relevant experience in pricing support and negotiations, and show how you can influence decisions effectively.

Showcase Your Skills: Don’t just list your skills; demonstrate them! Use specific examples from your past experiences that showcase your commercial acumen and ability to work collaboratively with partners and clients.

Be Clear and Concise: When writing your application, keep it clear and to the point. Avoid jargon and ensure your key achievements stand out. We want to see your strengths without wading through unnecessary fluff!

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets the attention it deserves. Plus, you’ll find all the info you need about the role and our company culture there!

How to prepare for a job interview at myGwork - LGBTQ+ Business Community

✨Know Your Numbers

As a Commercial Pricing Specialist, you'll need to be highly numerate. Brush up on your financial analysis skills and be prepared to discuss how you can influence pricing strategies. Familiarise yourself with key metrics and trends in the legal sector to demonstrate your commercial awareness.

✨Master the Art of Negotiation

Negotiation is at the heart of this role. Prepare by practising negotiation scenarios relevant to client fee deals. Think about how you would approach discussions with Partners and client procurement teams, and be ready to share examples of successful negotiations you've led or been part of.

✨Showcase Your Communication Skills

Strong communication is crucial for this position. Be ready to explain complex pricing models in a clear and engaging way. During the interview, practice articulating your thoughts confidently, as you'll need to influence decisions and train others in commercial awareness.

✨Understand the Firm's Strategy

Research Clifford Chance’s strategic objectives and how the Commercial Finance team fits into that picture. Be prepared to discuss how your skills and experiences align with their goals, particularly in terms of delivering commercial support and improving pricing governance.

Commercial Pricing Specialist
myGwork - LGBTQ+ Business Community
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