Pricing Manager

We invite you to review our current business services professionals openings to learn about the opportunities available across the firm. About Us Skadden, Arps, Slate, Meagher & Flom LLP has forged a reputation as one of the most prestigious law firms in the world. Relying on innovation, intellect, teamwork and tenacity, our lawyers deliver the highest quality advice and novel solutions to our clients’ legal issues. We are known for handling the most complex transactions, litigation/controversy issues, and regulatory matters, as well as for the strong partnerships we build with clients and each other. Our attorneys, who reflect a broad range of experiences and perspectives, work together seamlessly across 50-plus practices and 21 offices in the world’s major financial centers. The Opportunity We are seeking a Legal Pricing Manager (Litigation) to join our Firm. This position will be based in our New York office (hybrid). You will be responsible for supporting the Firm’s pricing and client engagement strategies through the development and implementation of tailored fee arrangements that align with client expectations and Firm objectives. You will also oversee the creation and refinement of financial models, pricing tools, and reporting systems to enhance forecasting, budgeting, and performance monitoring for key matters. Additional responsibilities include managing the transition of data systems, such as the Litigation Workstream database, to scalable platforms, while developing user-friendly tools to streamline data access and analysis as well as tracking market trends and competitive pricing data to help shape innovative, industry-specific fee structures and ensure compliance with Firm policies. You will foster a culture of continuous improvement, and collaborate with the Legal Project Management team to ensure seamless matter tracking and budget implementation. Works with partners to develop, negotiate, and implement appropriate fee arrangements that meets both the client's budget and pricing demands and internal Firm requirements. Supports partners in client pricing conversations. Works with the Firm's pricing analysts to oversee pricing model developments and ensures analysis complies with requests and quality standards, interfaces with partners and facilitates efficient workflow. Contributes to the preparation of various templates and robust financial pricing models with analyses to help provide partners with projected outcomes for alternative pricing arrangements. Establishes pricing metrics that allow the Firm to continually improve both in terms of individual fee proposals and broader pricing team engagements and initiatives. Reviews fee arrangements, special provisions, and terms and conditions of client engagements to ensure compliance with Firm-wide policies and procedures. Tracks competitive market data and pricing trends by region, practice area, or other relevant differentiators. Stays abreast of current trends and recommend updates to existing pricing models. Maintains benchmarks for Litigation Task-based Billing. Examines periodically and revalues annually. Expands benchmark analysis to include detailed litigation workstreams. Develops relationships with lead partners, identifies benchmark matters, defines workstreams, analyzes results, template model matters. Oversees team to record all pitches and budget estimates in SBA Tracker for germane matters. Implements budgets in SBA tracker and liaises with the LPM team to handoff matters that need further tracking. Monitors performance of key matters. Identifies and develops fee arrangements specific to key practice areas and industries. Captures and effectively uses current market information in pricing decisions. Designs and implements effective reporting and systems to assist Partners in monitoring and forecasting client engagements against budget. Supervises, educates and mentors the Firm's pricing analysts. Ensures current knowledge of Firm policies and practices, current knowledge of industry trends, and continued professional development for business services professionals. Participates in the interviewing, selection and training process. Coordinates and oversees department projects, day-to-day operations and long-range plans. Monitors time, attendance, overtime, and expense reports to ensure accuracy and compliance with Firm policies. Oversees employees' work performance and provides guidance in the resolution of problems. Qualifications Proficient in MS Suite, database reporting, relational databases, and adaptable to new software. Familiar with ADERANT or similar legal billing systems. Experienced in annual budget processes, project ownership, and generating actionable insights. Skilled in project management, multitasking, and meeting deadlines in fast-paced environments. Knowledgeable in industry best practices, statistical methods, and business analytics. Detail-oriented with strong proofreading, fact-checking, and analytical skills. Demonstrates professionalism, emotional intelligence, cultural sensitivity, and effective communication. Capable of independent work, team collaboration, and adapting to change. Experienced in strategic management, financial analysis, and conflict resolution. Maintains confidentiality, exercises sound judgment, and administers firm policies effectively. Flexible and committed to meeting business needs. Education and Experience Bachelor’s degree in Business, Finance, Accounting or related discipline. Minimum of five years of experience in pricing, rates, budgeting, financial analysis or related role, in a law firm or professional services environment. Broad experience with law firm technology including Aderant or other law firm accounting software. Supervisory experience preferred. Culture & Life at Skadden What makes Skadden special is our people and the culture, community and spirit of collaboration we have created. We believe in teamwork and inspiring each other to be our best in an atmosphere that promotes professionalism and excellence in all that we do. We know that inclusion and drawing on the strength of a wide spectrum of talent only make us better and is vital to the firm's success. Our goal is for everyone at the firm to enjoy a challenging career with opportunities for development and growth and to support the well-being of our attorneys and business services professionals. Benefits Competitive salaries and year-end discretionary bonuses. Comprehensive health care (medical, dental, vision), savings plan/401(k) and voluntary benefits. Generous paid time off. Paid leave options, including parental. In-classroom, remote, and on-demand learning and professional development opportunities. Robust well-being classes and programs. Opportunities to give back and make an impact in local communities. For further details, please visit: Salary Details The starting base salary for this position is expected to be within the range listed under Salary Details. Actual salary will be determined based on skills, experience (to the extent relevant) and other-job related factors, consistent with applicable law. Salary Details $185,000 - $205,000 EEO Statement Skadden is an Equal Opportunity Employer. It does not discriminate against applicants or employees based on any legally impermissible factor including, but not limited to, race, color, religion, creed, sex, national origin, ancestry, age, alienage or citizenship status, marital or familial status, domestic partnership status, caregiver status, sexual orientation, gender, gender identity or expression, change of sex or transgender status, genetic information, medical condition, pregnancy, childbirth or related medical conditions, sexual and reproductive health decisions, disability, any protected military or veteran status, or status as a victim of domestic or dating violence, sexual assault or offense, or stalking. Applicants who require an accommodation during the application process should contact Alex Taylor at View phone number on click.appcast.io. Skadden Equal Employment Opportunity Policy Applicants Have Rights Under Federal Employment Law In accordance with the Transparency in Coverage Rule, click here to review machine-readable files made available by UnitedHealthcare: Transparency in Coverage Skadden, Arps, Slate, Meagher & Flom LLP has forged a reputation as one of the most prestigious law firms in the world. Relying on innovation, intellect, teamwork and tenacity, our lawyers deliver the highest quality advice and novel solutions to our clients’ legal issues. We are known for handling the most complex transactions, litigation/controversy issues, and regulatory matters, as well as for the strong partnerships we build with clients and each other. Our attorneys, who reflect a broad range of experiences and perspectives, work together seamlessly across 50-plus practices and 21 offices in the world’s major financial centers. Skadden is an Equal Opportunity Employer. It does not discriminate against applicants or employees based on any legally impermissible factor including, but not limited to, race, color, religion, creed, sex, national origin, ancestry, age, alienage or citizenship status, marital or familial status, domestic partnership status, caregiver status, sexual orientation, gender, gender identity or expression, change of sex or transgender status, genetic information, medical condition, pregnancy, childbirth or related medical conditions, sexual and reproductive health decisions, disability, any protected military or veteran status, or status as a victim of domestic or dating violence, sexual assault or offense, or stalking. Applicants who require an accommodation during the application process should contact Alex Taylor at View phone number on click.appcast.io. Skadden Equal Employment Opportunity Policy Applicants Have Rights Under Federal Employment Law click here to review machine-readable files made available by UnitedHealthcare: Transparency in Coverage #J-18808-Ljbffr