At a Glance
- Tasks: Drive pricing strategies for AI-augmented legal services and enhance financial decision-making.
- Company: Join Norton Rose Fulbright, a leading global law firm with a collaborative culture.
- Benefits: Flexible work options, inclusive policies, and opportunities for professional growth.
- Other info: Diverse and inclusive workplace focused on employee wellbeing and career potential.
- Why this job: Be at the forefront of legal innovation and shape pricing strategies in a tech-driven environment.
- Qualifications: 5+ years in pricing, preferably in legal or professional services, with strong analytical skills.
The predicted salary is between 60000 - 80000 £ per year.
Company Overview
We're Norton Rose Fulbright - a global law firm with over 50 offices and 7,000 employees worldwide. We provide the world’s preeminent corporations and financial institutions with a full business law service. At Norton Rose Fulbright, our strategy and our culture are closely entwined. We know that our expansion will mean little unless it is underpinned by truly global collaboration and we understand that pioneering work only takes place when our people have room to move and think beyond boundaries.
Role Overview
The Commercial Finance and Revenue Operations function encompasses Client Financial Decision Support (which includes Pricing & Commercial Insight (PCI) and Client Finance Support), Finance Business Partnering, Finance Business Intelligence and Revenue Operations. We support NRF leadership and wider stakeholder groups to run a successful legal practice by providing financial leadership, timely insights and initiatives designed to improve commercial confidence and decision-making quality.
The role: This is a fantastic opportunity for an ambitious individual who wishes to be part of a progressive, proactive and customer-centric team. The successful candidate will play an integral part of driving forward the continuous improvement agenda for the Commercial Finance and Revenue Operations function and its collaboration with other business support professionals. You will be an experienced pricing professional, with strong communication and soft skills, able to work effectively with internal and external stakeholders alike. This role will play an important part in shaping and embedding the firm’s pricing capability for complex legal matters, including technology and GenAI delivery models.
Key Responsibilities
- Working cross-functionally to develop and implement consistent pricing strategies for AI-augmented legal services where output is not proportional to hours and efficiency gains are monetised without eroding trust.
- Monitor market trends in AI legal services, tracking competitor pricing approaches, client expectations, and the impact of AI tools on service delivery costs.
- Support partners in pricing complex transactions across EMEAPAC, including GenAI driven matters, AFAs and value-based pricing, ensuring pricing governance and consistency with the established pricing framework.
- Maintaining a high level of visibility in serving as one of the firm’s subject matter experts for pricing and commercial related matters in GenAI and value-based pricing.
- Build pricing guidance and training for fee-earners, helping them to price AI‑augmented services without defaulting to straight discounts, and being able to articulate value in AI matters (speed, certainty and outcomes).
- Supporting pricing team promotional efforts including presentations to key stakeholders to increase internal adoption of pricing discipline.
- Encourage broader and better use of the Firm’s tools to develop more profitable and consistent pricing approaches.
- Support the integration of AI tools into pricing processes.
- Ensuring strong working relationships with other support functions, in particular Business Development leads to establish, promote and maintain policies and processes required for effective management of pricing for transactions, bids and panel appointments.
- In conjunction with other business support professionals, provide advice to stakeholders in relation to improving matter financial performance through the provision of post matter financial analysis and associated pricing and business information.
- Collaboration and support on any adhoc commercial and pricing related initiatives as required by the London based Finance Director, Head of Finance Decision Support or Senior Pricing Manager.
Key Skills and Experience
Essential:
- A minimum of 5 years relevant pricing experience. Preference will be given to candidates with legal or wider professional services pricing experience.
- Experience pricing services where technology materially alters delivery economics, and articulating value to clients in a credible and defensible way.
- Understanding of how AI affects RFP expectations, procurement scrutiny and client requirements for transparency.
- Strong commercial acumen and exceptional analysis and financial modelling skills.
- Excellent written and verbal communication and has strength of personality to ensure the perspective of ‘Finance’ is clearly communicated.
- Excellent time management skills, able to manage stakeholders during times of conflicting deliverables.
- The ability to remain calm and focused under pressure.
- Strong presentation skills and experience in providing internal training.
- Hardworking, dedicated and an ambition to grow professionally.
- A collaborative team-player who is transparent and has a straight-forward approach.
- Experience of working with varied and cross-functional teams to deliver on business objectives.
Advantageous:
- Educated to degree level.
- Hands‑on exposure to legal AI tools/ecosystems.
- A deep understanding of legal products and services.
Diversity, Equity and Inclusion
To attract the best people, we strive to create a diverse and inclusive environment where everyone can bring their whole selves to work, have a sense of belonging, and realize their full career potential. Our new enabled work model allows our people to have more flexibility in the way they choose to work from both the office and a remote location, while continuing to deliver the highest standards of service. We offer a range of family friendly and inclusive employment policies and provide access to programmes and services aimed at nurturing our people’s health and overall wellbeing. We are proud to be an equal opportunities employer and encourage applications from individuals who can complement our existing teams. We strive to create an inclusive and accessible recruitment process for all candidates. If you require any tailored adjustments or accommodations, please let us know.
Manager, Pricing and Commercial Insights (Complex / Tech Enabled Matters) employer: NRF United Kingdom
At Norton Rose Fulbright, we pride ourselves on being an exceptional employer that fosters a culture of innovation and collaboration. Our commitment to employee growth is evident through our inclusive work environment, flexible working arrangements, and comprehensive wellbeing programmes, ensuring that every team member can thrive both personally and professionally. Join us in shaping the future of legal services at the forefront of technology and commercial strategy, where your contributions will be valued and impactful.
StudySmarter Expert Advice🤫
We think this is how you could land Manager, Pricing and Commercial Insights (Complex / Tech Enabled Matters)
✨Tip Number 1
Network like a pro! Reach out to current employees at Norton Rose Fulbright on LinkedIn. Ask them about their experiences and any tips they might have for landing the role. Personal connections can make a huge difference!
✨Tip Number 2
Prepare for the interview by researching the latest trends in AI legal services. Show that you’re not just familiar with pricing strategies but also understand how technology is reshaping the industry. This will impress the hiring team!
✨Tip Number 3
Practice your presentation skills! Since the role involves training fee-earners and presenting to stakeholders, being able to communicate your ideas clearly and confidently is key. Grab a friend and do some mock presentations.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining the team at Norton Rose Fulbright.
We think you need these skills to ace Manager, Pricing and Commercial Insights (Complex / Tech Enabled Matters)
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the role. Highlight your relevant pricing experience and how it aligns with the responsibilities mentioned in the job description. We want to see how you can bring value to our team!
Showcase Your Skills:Don’t just list your skills; demonstrate them! Use specific examples from your past experiences that showcase your commercial acumen and analytical abilities. This is your chance to shine, so let us know what you can do!
Be Clear and Concise:When writing your application, keep it straightforward. Use clear language and avoid jargon unless it's relevant. We appreciate a well-structured application that gets straight to the point—just like we do in our work!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets to the right people. Plus, you’ll find all the details you need about the role and our company culture there!
How to prepare for a job interview at NRF United Kingdom
✨Know Your Pricing Strategies
Before the interview, brush up on various pricing strategies, especially those relevant to AI-augmented legal services. Be ready to discuss how you would implement these strategies at Norton Rose Fulbright and provide examples from your past experience.
✨Showcase Your Communication Skills
Since this role requires strong communication with internal and external stakeholders, practice articulating complex ideas clearly and confidently. Prepare to demonstrate how you've successfully communicated pricing models or financial insights in previous roles.
✨Understand the Market Trends
Familiarise yourself with current market trends in AI legal services and competitor pricing approaches. Being able to discuss these trends during your interview will show that you're proactive and well-informed about the industry.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving skills and ability to manage conflicting deliverables. Think of specific examples where you've navigated similar challenges and be ready to share your thought process and outcomes.