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Pricing & Matter Planning Specialist

Employer
Trowers & Hamlins
Location
London (Central), London (Greater)
Salary
Competitive
Closing date
29 Jun 2022

View more

Vacancy Type
Finance, Financial systems
Contract Type
Permanent
Experience Level
Officer / Analyst / Engineer / Executive / Coordinator
Role Classification
Other Professional
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Job Details

Trowers & Hamlins is a City-led, international and national law firm with over 160 partners and 950 staff. With offices across the UK, Middle East and Asia, we provide a full-service integrated offering.

Our clients operate in diverse industry sectors such as construction, transport and infrastructure, banking and financial services, distribution and logistics, education and health, hotels and leisure, defence, engineering and surveying, charities, retail and energy and natural resources. We also act for many high net worth individuals.

We are different and we believe it is our people that make us unique. We expect and respect that you and your talents are too. The truth is we don't prescribe who you are or how you ought to be. It's what you can do that interests us most.

While the work on offer is rewarding and often complex, the qualities we look for are simple. The ability to get on with people from all walks of life, for example. To talk and to listen. To develop the sorts of relationships that mean you win the friendship and loyalty of clients and colleagues alike. In short, to connect. These are the characteristics our people all have in common. They are vital, as is the drive and imagination to use your unique talents to the full. We will help you in this. In fact, we will support you in every way we can.

Where you'll work         

The Finance department is responsible for ensuring proper systems are in place for time recording, billing, client accounting, purchase ledger, payroll and cash management together with management and financial reporting to support the wider business by providing accurate and reliable information.

This new role will be responsible for the implementation and development of Cosine matter planning and pricing module within the 3E Practice Management system.  Working the Management and Financial Accounts team, Finance systems team, Bids team and lead client engagement partners and matter assistants this role will take the lead in implementing Cosine across all departments of the Firm and supporting partners creating plans, pricing and managing their matters.

What you'll be doing

  • Implementation and development of Cosine matter planning and pricing tool with support from Finance systems team and Cosine on technical aspects.
  • Assist training of fee earners and support on use of Cosine.
  • Create matter plan templates for work types frequently carried out.
  • Assist partners create matter plans leading to improved profitability of the matter by effective pricing and management through matter alerts, and scope changes.
  • Oversight of Cosine plans and mark downs which may lead to lower profitability and planning ways to reengineer the outcome.
  • Reporting back to departmental and firmwide management on trends and issues on matter profitability.
  • Work with Bids team in putting together innovative pricing solutions for tenders and ad hoc projects.
  • Support pricing queries at outset of matter and at the point of billing.
  • Development of annual profitability calculations working with management accounts team.
  • Ensuring charge out rates are kept up to date.
  • Identify opportunities to improve pricing solutions.

What you'll need

  • Knowledge of the 3E practice management system.
  • Ability to prioritise work effectively and meet deadlines.
  • Confident working with and analysing data.
  • Ability to communicate technical concepts to non-technical users.
  • Strong team player able to work independently on specific tasks.
  • A methodical and logical approach, adjusting priorities to meet changing work demands.
  • Ability to understand user requirements and use initiative with a positive and proactive attitude in proposing solutions.
  • Professional approach to successfully interact with colleagues and external suppliers.
  • Excellent attention to detail.
  • Drive and enthusiasm, friendly and supportive approach.

Experience and skills

The successful candidate must have 2 to 3 years experience working in a legal or other professional services environment. Experience using Thomson Reuters Elite 3E practice management system is necessary.

The candidate must also have experience of:

  • Pricing
  • Matter planning and matter planning software
  • Advanced use of Excel
  • Provision of training and presentations

As part of our firm recruitment policy our candidates are subject to employment screening background checks. These checks include personal details, education and employment history, professional qualifications and credit and criminal checks as appropriate.

Trowers & Hamlins is an equal opportunities employer and values diversity and inclusion. All applications will be considered on merit and the applicant's suitability to meet the requirements of the role and will be treated equally irrespective of Ethnicity, Gender (including Trans and non-binary) Race, Disability, Religion and sexual orientation.

Company

Trowers & Hamlins is a City-led, international and national law firm with over 130 partners and 830 staff located across the UK, Middle East and Far East, we provide a full-service integrated offering.

Our clients operate in diverse industry sectors such as construction, transport and infrastructure, banking and financial services, distribution and logistics, education and health, hotels and leisure, defence, engineering and surveying, charities, retail and energy and natural resources. We also act for many high net worth individuals.

We are different and we believe it is our people that make us unique. We expect and respect that you and your talents are too. The truth is we don't prescribe who you are or how you ought to be. It's what you can do that interests us most.

While the work on offer is rewarding and often complex, the qualities we look for are simple. The ability to get on with people from all walks of life, for example. To talk and to listen. To develop the sorts of relationships that mean you win the friendship and loyalty of clients and colleagues alike. In short, to connect. These are the characteristics our people all have in common. They are vital, as is the drive and imagination to use your unique talents to the full. We will help you in this. In fact, we will support you in every way we can.

Find Us
Website
Telephone
+44 (0)20 7423 8000
Location
3 Bunhill Row
London
EC1Y 8YZ
GB
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