Rates & Accounts Analyst

Who We Are

At Benesch we pride ourselves on exceeding expectations and building trust not only with our clients but with our employees - Benesch's #1 asset. Committed to providing not only the highest level of legal service to our clients, Benesch also aspires to create a positive work environment for our employees. Our Firm continues to earn placement on Chicago and Cleveland's Top Workplaces list, along with Cleveland's NorthCoast 99 Top Workplaces rankings. We also continue to advance on the AmLaw 150 list, placing us among the top 150 law firms in the country.

Benesch is proud to be recognized for being a Firm that attracts and retains top talent - making Benesch a great place to work. We offer a hybrid schedule, career development and growth, transparent and visible leadership teams, and a place where diversity, equity and inclusion is celebrated. In addition, the Firm offers a full array of benefits which can be viewed at www.mybeneschbenefits.com.

Working with Us - Come and "Be Benesch!"

We are one of the fastest growing firms in the nation, and have offices in Chicago, Columbus, San Francisco, New York City, and Wilmington. We continue to expand our geographic footprint and value the talent that comprises each of our locations. If you are someone who champions a First in Service approach and are ready to be part of an exciting and growing Firm, we would invite you to apply to join our team.

Want to know more? To hear from some of our team, click here: https://www.beneschlaw.com/careers/index.html

Benesch is proud to announce the opening for a Rates & Accounts Analyst in our Columbus office! This position is hybrid and has work from home flexibility.

Position Summary:

Do you enjoy working with math concepts and interpreting financial and statistical data? Do you excel in taking complex data and analysis and simplify it into an effective presentation for anyone to be able to interpret and understand? Are you looking for an opportunity to be part of a team that focuses on project and operations management within a law firm? Then our Rates & Accounts Analyst opportunity might be just the position for you. This role is perfect for the individual who has some experience in project management and is looking to take their experience to the next level, fine tuning their analytical skills and contributing to the Practice Management team.

The Rates and Account Analyst is part of the Client Value Team and works closely with Intake, Client Account Services, Finance, and Marketing teams to manage rate exceptions and pricing arrangements, assess discounts and AFAs requested during the intake process, improve client/matter coding hygiene, assist with client/matter opening and closing, analyze fee erosion causes and effects, streamline legal operations functions, and support collections efforts. This position requires continuous learning through legal industry organization/society membership and keeping pace with developments related to rate/fee structures, revenue assurance, coding, legal operations, matter management, technology, and data analysis.

Duties and Responsibilities

• Ensures the integrity of client/matter setup components such as agreed rates and alternative billing arrangements, as well as matter type, task/phase, industry and all other coding structures. This responsibility includes reviewing all rate/fee requests routed to the Client Value team during the Intake process, as well as any necessary review of rates/terms in engagement letters, billing guidelines and OCGs.
• Monitors and recommends modifications to existing rate exceptions, including rate-alignment reviews; identify and correct coding inaccuracies on existing clients/matters; and analyze ongoing timekeeper activity with an eye toward OCG compliance and best practices. Includes performing AFA and discount/volume discount analyses and recommending fee adjustments to improve financial performance.
• Conducts post-matter fee analyses to determine performance to initial fee arrangement, work with relationship attorneys to learn from experiences and hone future fee arrangement effectiveness.
• Provides reporting/support services in collaboration with LPM professionals, practice directors, billers, collections specialists, attorneys, and firm management in connection with rates, coding, collection timelines, and realization.
• Maintains a reference library of best practices, including suc