Posted 1 month ago
Practice Management Rate Analyst
AI Summary
Manages and analyzes attorney billing rates and client rate structures for a law firm, supporting rate-setting processes, reporting, and compliance with firm policies.
About this role
Overview
The Newark, NJ office of Lewis Brisbois, a full-service AmLaw 100 firm, is looking for a highly detail-oriented Rate Analyst with Aderant experience to join our team. In this role, you will collaborate closely with attorneys, department leadership, and cross-functional teams to manage, analyze, and maintain accurate client and matter rate structures on a national scale. The Rate Analyst will support the firm’s attorney rate-setting process, billing rates, rate reporting, and matter-level rate analysis. The ideal candidate will have strong critical thinking and analytical skills, advanced Excel capabilities, and an understanding of law-firm billing and financial data.
This is a full-time position supporting the firm nationwide.
We offer competitive compensation and in addition, Lewis Brisbois offers a range of benefits including medical, dental, vision, life insurance, 401k with employer match, as well as sick and vacation time. We also offer excellent opportunities for growth and advancement while working with a collaborative team.
Responsibilities
Key Responsibilities
- Support the attorney rate-setting process, including annual rate increases, client rate increases, and enforcement of Firm minimum rates.
- Maintain accurate attorney and client rate information across Firm systems, including the Firm’s Relationship Partner and rate agreement repositories.
- Analyze historical attorney billing rates and prepare rate reports and related analyses for Relationship Partners, Finance, Firm Management, and the Rate Committee.
- Support the Rate Committee process, including preparation and maintenance of rate information, reports, documentation, and materials required for Rate Committee review and approval.
- Ensure compliance with Firm and Rate Committee policies, procedures, and established rate processes, and maintain accurate documentation of approved rates and rate agreements.
- Research and respond to rate-related inquiries from partners and Firm personnel, providing guidance on rate processes, policies, and approved rates.
- Oversee client rate increases, ensuring appropriate approvals are obtained and Firm minimum rates and Rate Committee requirements are enforced.
- Identify discrepancies in billing and rate data, coordinate corrections, and work with Finance, Accounting, Billing, and other departments to resolve data issues.
- Support special rate projects, reporting initiatives, and other rate-related activities as needed.
Qualifications
- Working knowledge of law firm rates, and legal billing systems; experience with Aderant Expert Rates preferred.
- Strong analytical skills with the ability to manage, analyze, and interpret large datasets.
- Exceptional attention to detail and commitment to accuracy.
- Ability to collaborate effectively across teams and departments and communicate rate-related information clearly to partners and Firm personnel.
- Bachelor’s degree in Accounting, Finance, Business Administration, or a related field preferred.
- At least 3 years of related professional experience preferred.
Lewis Brisbois is not accepting search firm submissions for this position.
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Minimum Salary
USD $75,000.00/Yr.Maximum Salary
USD $78,000.00/Yr.Skills
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