Analyst II: Pricing and Analytics

Posted 3 Days Ago
Be an Early Applicant
Chicago, IL, USA
Hybrid
107K-155K Annually
Mid level
Legal Tech
The Role
Supports pricing and matter performance by developing alternative fee arrangements, rates, budgets, financial models, and profitability analyses. Uses AI, machine learning, historical matter data, competitor intelligence, Power BI, and SQL to improve pricing decisions and workflows. Collaborates with partners, project managers, and cross-functional teams on client proposals, technology initiatives, process improvements, data cleanup, and post-matter analysis.
Summary Generated by Built In
Overview

Mayer Brown is an international law firm positioned to represent the world’s major corporations, funds, and financial institutions in their most important and complex transactions and disputes. We are recognized by our clients as strategic partners with deep commercial instincts and a commitment to creatively anticipating their needs and delivering excellence in everything we do.


We are a collegial, collaborative firm where highly motivated individuals with an unwavering commitment to excellence receive the opportunity, support, and development they need to grow, thrive, and realize their greatest potential all while supporting the Firm’s client service principles of excellence, strategic partnership, commercial instinct, integrated strengths, innovation, and collaboration across our international firm.


If you thrive in a collaborative environment that values exceptional client service, initiative, professionalism, responsiveness, and adaptability, we invite you to consider joining our Pricing and Matter Performance department as an Analyst II: Pricing and Analytics. This role is available in any of Mayer Brown's US offices.


The Analyst II: Pricing and Analytics provides support to the Pricing Team to deliver competitive, creative, data-driven pricing to our partners and clients while ensuring profitable growth of the Firm. This role also supports scalable solutions and the integration of AI-driven capabilities to enhance pricing analysis and insights and collaborates with cross-functional teams to align with firm standards and continuous improvement efforts.

Responsibilities

Essential Functions: 

  • Assists with the design, implementation, and tracking of pricing arrangements such as alternative fee arrangements with the objective of driving improvement in the Firm’s pricing outcomes and profitability
  • Leverages artificial intelligence tools and machine learning models to automate pricing, extract insights from large datasets, and enhance decision-making processes across key business functions
  • Assists in integrating AI capabilities into pricing workflows to enhance analysis, forecasting, and decision-making
  • Supports the development and maintenance of pricing strategies for AI-enabled legal services and emerging delivery models
  • Performs financial analysis in response to client requests/RFPs. Creates financial models to assess the profitability and market competitiveness of the various pricing options and provide related insight and recommendations to Partners and other Pricing Team members
  • Supports the Pricing Team members to develop rates, fee estimates, matter budgets and pricing options in response to client RFPs and ad-hoc requests and facilitate approval of same
  • Applies business acumen and analytical skills to develop pricing solutions that meet both client and Firm objectives
  • Assists in logging pricing opportunities and completing necessary follow-ups
  • Collaborates with cross functional teams like Project Managers on various AI and Technology initiatives
  • Assists in testing new software and cleaning up firm data and coding of matters
  • Assists with post matter financial analysis with the aim of utilizing historical matter data and related insight to assist in the pricing of future matters and improving financial performance
  • Assists with development and maintenance of budget templates and other tools for use by partners and Pricing & Matter Performance team
  • Pulls and updates competitor market data for pricing proposals
  • Assists the Pricing & Matter Performance team in improving tools and processes related to pricing, matter estimates, matter profitability, post matter analysis and competitor intelligence
  • Performs special projects and other duties as assigned or required to meet Firm goals and objectives
Qualifications, Experience and Personal Attributes

Education/Training/Certifications:

  • Bachelor’s degree required preferably in Finance, Data Analytics, Economics, Accounting, Engineering, IT or Business-related field

Professional Experience:

  • Minimum of three years of related experience, required
  • Prior experience in professional services pricing, negotiations and related areas, preferred
  • Prior experience of working within professional services organization or law firm, preferred

Technical Skills: 

  • Advanced knowledge of MS-Office applications including Word, PowerPoint, and Excel, required
  • Experience working with AI platforms, automation tools, or AI-enabled workflows preferred
  • Experience using Microsoft Power BI and SQL, preferred
  • Experience with law firm technology such as Foundation Scoping, Iridium, Aderant Expert, BigHand, and other matter planning software, preferred

Performance Traits: 

  • Strong written and verbal communication skills, able to communicate effectively and in a professional manner with all levels of the Firm and outside vendors
  • Ability to work in a diverse team environment and effectively support the demanding needs of the Firm
  • Familiarity with legal rate structures, discount arrangements and alternative fee arrangements a plus
  • Ability to work under pressure, meet deadlines with shifting priorities
  • Must be a self-starter with a high level of initiative
  • Creative thinker and comes up with new ideas to help the Pricing & Matter Performance team
  • Strong customer service skills, able to anticipate needs and exercise independent judgment
  • Strong attention to detail, organizational skills and the ability to handle multiple projects at a time
  • Maintains confidentiality and exercises discretion
  • Superior analytical skills, exercises solid strategic thinking and problem-solving skills
  • Strong technical, mathematical, and analytical skills

This description is not exhaustive, and the Firm may modify it at any time at its sole discretion; nothing herein creates an employment contract or alters the at-will nature of employment.


We offer competitive compensation and comprehensive benefits, including medical/dental/vision/life/and AD&D insurance, 401(k) savings plan, back-up childcare and eldercare, generous paid time off (PTO), as well as opportunities for professional development and growth.


We are committed to providing equal opportunity and reasonable accommodations to applicants and employees with disabilities and disabled veterans. To request an accommodation related to the application process or interview, please email [email protected]. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.


Mayer Brown works with select external search firms that have been vetted against our standards. Firms without a contract or agreement with Mayer Brown are not authorized to represent that they are working with the Firm, nor are they entitled to placement fees. Mayer Brown does not accept unsolicited CVs from external recruiters. Submission of an unsolicited CV to Mayer Brown or any of its Partners or employees will not establish any right of priority for the submitting agency.


#LI-HYBRID #LI-DS1

Posted Pay RangeThe typical pay scale for this position is between USD $107,000.00/Yr. and USD $155,000.00/Yr., although the actual wage or salary could be lower or higher if the candidate's education, experience, skills and internal pay alignment are different from those specified.

Skills Required

  • Bachelor's degree, preferably in Finance, Data Analytics, Economics, Accounting, Engineering, IT, or Business
  • Minimum three years of related experience
  • Advanced knowledge of Microsoft Office, including Word, PowerPoint, and Excel
  • Experience in professional services pricing, negotiations, or related areas
  • Experience working within a professional services organization or law firm
  • Experience with AI platforms, automation tools, or AI-enabled workflows
  • Experience using Microsoft Power BI and SQL
  • Experience with law firm technology such as Foundation Scoping, Iridium, Aderant Expert, BigHand, or other matter planning software
  • Strong written and verbal communication skills
  • Ability to work effectively in a diverse team environment and support demanding business needs
  • Familiarity with legal rate structures, discount arrangements, and alternative fee arrangements
  • Ability to work under pressure, meet deadlines, and manage shifting priorities
  • Strong initiative, creativity, attention to detail, organization, and problem-solving skills
  • Strong technical, mathematical, analytical, and strategic thinking skills
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The Company
HQ: Chicago, IL
4,297 Employees

What We Do

Mayer Brown is a leading international law firm, positioned to represent the world’s major corporations, funds and financial institutions in their most important and complex transactions and disputes. Impressum: https://www.mayerbrown.com/Legal-Notices/Legal-Regulatory-Information/ Follow us on X: @Mayer_Brown Subscribe to our YouTube: https://www.youtube.com/user/MayerBrownLLP

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