Client Rates Coordinator
Posted 2 weeks ago by Ambition
Negotiable
Undetermined
Undetermined
City Of London, England, United Kingdom
Summary: The Client Rates Coordinator role at a global law firm in London involves managing and updating client rates within the firm's financial systems, specifically Elite 3E. The position requires collaboration with various teams to ensure accurate billing and compliance with client agreements. This role is ideal for individuals with experience in legal rates and finance, looking to specialize further in this area.
Key Responsibilities:
- Adhere to agreed best practices, policies, and processes, adapting to local requirements where necessary
- Maintain and update client rates in the firm’s financial systems, including Elite 3E
- Provide administrative support to upload and maintain rates in Elite 3E, ensuring accurate billing in line with commercial terms and outside counsel guidelines
- Monitor rate changes and apply discounts or adjustments in line with client agreements
- Ensure compliance with agreed engagement terms and pricing arrangements
- Provide local finance teams with up-to-date rate information
- Act as a key point of contact for rate related queries from partners and finance teams
- Collaborate with Billing and E Billing teams to ensure accurate and timely rate updates
- Assist the Client Rates Manager with ad hoc requests
- Attend regular billing team meetings to discuss issues and identify solutions
- Support system enhancements and participate in testing new and existing functionalities
- Deliver a high-quality service by ensuring team processes and objectives align with business needs
Key Skills:
- Experience in legal rates, either in a pure rates position or within a role that has a large element of rates uploading
- Experience in legal finance
- Elite 3E experience is preferred
- Strong communication skills
Salary (Rate): undetermined
City: City Of London
Country: United Kingdom
Working Arrangements: undetermined
IR35 Status: undetermined
Seniority Level: undetermined
Industry: Legal
Ambition is delighted to be partnered with an exceptional global law firm in its search for a Client Rates Coordinator to join their London office. The role reports to the Client Rates Manager and is an excellent opportunity for someone with exposure to legal rates who is looking to specialise.
Main responsibilities:
- Adhere to agreed best practices, policies, and processes, adapting to local requirements where necessary
- Maintain and update client rates in the firm’s financial systems, including Elite 3E
- Provide administrative support to upload and maintain rates in Elite 3E, ensuring accurate billing in line with commercial terms and outside counsel guidelines
- Monitor rate changes and apply discounts or adjustments in line with client agreements
- Ensure compliance with agreed engagement terms and pricing arrangements
- Provide local finance teams with up-to-date rate information
- Act as a key point of contact for rate related queries from partners and finance teams
- Collaborate with Billing and E Billing teams to ensure accurate and timely rate updates
- Assist the Client Rates Manager with ad hoc requests
- Attend regular billing team meetings to discuss issues and identify solutions
- Support system enhancements and participate in testing new and existing functionalities
- Deliver a high-quality service by ensuring team processes and objectives align with business needs
Experience needed for the role:
- Experience in legal rates, either in a pure rates position or within a role that has a large element of rates uploading.
- Experience in legal finance.
- Elite 3e experience is preferred.
- Strong communication skills.
If you are looking for a new role in Legal Rates, and meet the requirements of the role, apply below or reach out to archie.humphreys@ambition.co.uk