About this role
Company Description
Who we are
As a global law firm our work spans jurisdictions, cultures, and languages – and so do our people.
Our culture is collaborative and inclusive, where diverse perspectives are recognised and valued. Where performing to your highest ability, unlocks equal access to opportunities to learn, thrive and grow.
We combine deep legal expertise and commercial intelligence to grow, transform, protect, and defend our clients' businesses, across every critical moment.
We operate in the sectors and regions that matter to our clients. With forward-thinking insights and innovative, tech-enabled solutions that combine deep knowledge of their sectors and markets.
You’ll build connections and work with colleagues as one global team. You’ll unlock opportunities for clients, across borders, cultures, legal and commercial disciplines.
Join us to work with colleagues as one global team – empowering each other to be exceptional and create advantage for our clients.
Job Description
The role
Clifford Chance US LLP is seeking a Commerical Pricing Manager – Americas to support our Global Product Groups specifically Project Finance, Capital Markets, Debt Finance, Structured Finance and Restructuring groups. This role will be significant in the Firm's strategic pricing objectives, commercial standards, and pricing governance in relation to matter pricing. This will include but is not limited to billing rates and alternative fee arrangements, as well as profitability evaluations on legal matters. This role will be based in our New York office and will report to the Head of Commercial Pricing with a dotted line to the Global Product Group Associate Director.
Responsibilities:
- Work as part of the global pricing team aligned to the above GPGs, delivering commercial matter pricing support to partners, focusing on US based partners but also supporting the global team.
- Act as a trusted advisor to US partners to formulate pricing, develop negotiation strategies, and support pricing negotiations on behalf of the Firm.
- Identify opportunities to improve commercials on current work type and matter opportunities.
- Produce up-front and mid-matter pricing models and negotiation strategies for matter pricing opportunities and provide support throughout the pricing process. In some instances, provide support for client panel pricing.
- Deliver pricing support, commercial insights and analysis with a focused, coordinated and consistent approach.
- Work with Partners to increase the variety of alternative fee arrangements the firm is offering to clients.
- Undertake internal matter pricing review benchmarking.
- Coordinate local pricing committee and submit proposals to local and global pricing committees.
- Ensure adherence to the Firm's commercial standard and pricing governance.
- Contribute to governance tools and processes in line with market developments.
- Collaborate and support the regional and global pricing teams and act as an active contributor to international pricing initiatives, as well as sharing knowledge and best practice
- Collaborate with various departments such as Business Development, Finance and other Business Professional functions
- Raise commercial awareness with partners and influence their pricing decision making on strategic fee deals (both panels and matters).
- Deliver commercial awareness training to fee earners and Business Professionals.
Qualifications
Your experience
- 5+ years of relevant experience in pricing in a professional services firm or law firm preferred.
- Bachelor's degree in Finance, Accounting, Economics or equivalent required; MBA preferred.
- Must have experience in scenario modelling/compiling pricing proposals and understanding the levers to deliver client value and commercially viable pricing.
- Must possess a strong understanding of the fundamental elements of pricing.
- Must have a global mindset and perspective.
- Proven track record of developing advisory relationships with key stakeholders and senior leadership with the ability to influence decisions and outcomes at the senior level.
- Must be able to work with large volumes of data and possess advanced proficiency in Excel.
- Must be commercially astute and a strong negotiator who can hold/protect margin in contract discussions whilst taking on responsibility for liaising with client procurement functions.
- Must be comfortable working in a fast-paced and growing environment, surrounded by strong and demanding personalities.
- Facilitate making effective decisions using sound judgment.
- Ability to work under pressure and prioritize competing demands to meet deadlines.
- Excellent organizational and client service skills
- Strong attention to detail, problem solving and analytical skills.
- Possess excellent verbal and written communication skills. Must be a strong communicator who can explain commercials with sufficient gravitas to influence senior stakeholder decisions.
- Ability to collaborate with other colleagues within a global, matrix organization.
- Must be able to adhere and comply to the Firm's Agile Working Policy which requires employees to work from the office at least three days each calendar week.
- Must be independently legally authorized to work in the United States.
Clifford Chance US LLP offers a comprehensive benefits and compensation package. Subject to the candidate's experience, the salary range for this role is $170,000 - $200,000. Actual salary will be commensurate with the candidate's qualifications and relevant experience.
Additional Information
Equal Opportunities
At Clifford Chance, we forge an inclusive culture, where all perspectives are recognised and valued. It’s a culture where everyone has equal access to opportunities to thrive and succeed, irrespective of background. We are guided by our values-based Code, which sets high standards of conduct and has a principle focused on being inclusive.
We are an equal opportunity employer and provide consideration to all qualified applicants for employment without regard to race, color, religion, sex, national origin, disability, status as a protected veteran, or any other characteristic protected by federal, state, or local law. We comply with the law and regulations in every location where we operate and across all aspects of employment, from recruitment and selection to development, progression, and day-to-day working life.
Find out more about our inclusive culture here