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Rate Coordinator

Company:
Capitol Recruiters Inc.
Location:
Washington, DC
Salary:
commensurate with experience.
Posted:
July 11, 2020

Posted By Premium Recruiter

Description:

Rate Coordinator – for prominent law firm in Washington, DC.

This position assists with the implementation and maintenance of the Firm’s billings rates and fee arrangements, and coordinates the compliance process to ensure clients’ outside counsel guidelines are being executed.

Duties include:

Analyzing, managing, and reporting accuracy, integrity, and compliance of client account data and documentation.

Assists the team with maintenance requests such as matter reopening and closing, address changes, and client name changes.

Thorough knowledge of client billing requirements and institutionalized discounts.

Assists with implementation and management of rates and fee arrangements, including annual increases.

Determines best practices for rate set up and communicates with lawyers regarding implementation of annual increases and provides analyses.

Maintains database of pending rate negotiations and approvals including e-billing vendor approvals and communicates status to billing lawyers.

Documents/tracks Firm-wide client discounts and determines best practices for discount set up in Accounting database.

Provides e-billing team accurate listings of timekeeper rates for submission to 3rd party vendors for the annual increase process and monthly as needed for new timekeepers.

Provides analyses for use by Firm Management in the periodic review of non-standard fee arrangements.

Offers solution options for various situations and seeks to enhance knowledge of all rate procedures and processes.

Position Requirements:

Bachelor’s degree required, minimum 3 years of client accounting/billing experience in a law firm, proficiency with Elite, Excel, Access and law firm billing software. Strong interpersonal communication skills.

Salary is commensurate with experience.

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