Legal Staff Accounting/Finance in Washington, DC

Law Firm

Washington, DC

Legal Staff Accounting/Finance in Washington, DC

Legal Staff

3-5 yrs required

No

Job Title: Rate Specialist

Department: Finance

Job Responsibilities:
The Rate Specialist in the Finance department is primarily responsible for analyzing and managing client and matter rates. This role ensures compliance with agreed fee engagements, outside counsel guidelines, and specific matter budgets. Key responsibilities include:

- Managing timekeeper rates in financial systems and client e-billing systems.
- Assisting with the implementation and maintenance of client rate and fee arrangements.
- Uploading rates into e-billing systems and updating departmental documentation as needed.
- Analyzing client guidelines to set up agreed rates and cost exceptions.
- Troubleshooting client and timekeeper rate calculation issues.
- Responding timely and accurately to all requests for rate requests, reports, and rate inquiries.
- Assisting with the annual rate renewal process by reviewing current fee arrangements and ensuring that new arrangements are obtained, approved, and updated.
- Assisting with pricing proposals.
- Handling special projects and ad hoc requests from management.

Education and Experience Information:
Candidates for the Rate Specialist position should possess the following qualifications:

- A minimum of 3-5 years of experience in legal billing.
- Prior experience in rates administration and maintenance.
- Must possess a high level of technical competency on various job-related computer packages, including experience with Aderant billing software and advanced Excel skills.
- Strong organizational skills are imperative with the ability to organize and prioritize numerous tasks and complete them in a timely manner on an ongoing basis, as well as under strict time constraints when necessary.
- Strong written communication skills with the ability to proofread material for grammatical, typographical, and spelling errors.
- Strong interpersonal skills to communicate successfully in person, by phone, or through e-mail.
- Must be able to work effectively with a diverse group of clients, legal professionals, and staff.

Salary Information:
The text does not provide specific salary information for the Rate Specialist position.