Cost and Funding Analyst

Greater London – £46,000

Costs & Funding Analyst

Location: London / Hybrid

Salary: Competitive, depending on experience

Job Type: Permanent, Full-Time

About the Firm

This is an opportunity to join a leading Legal 500 law firm specialising in complex and high-value disputes.

The firm has an established reputation for handling sophisticated litigation, often involving significant financial, commercial and international considerations. Its work spans a broad range of contentious matters, with costs, funding and financial risk playing an important role in the management of many cases.

The successful candidate will join a specialist team working closely with lawyers and senior stakeholders across the firm, with the opportunity to develop expertise at the intersection of litigation, costs, funding, risk and data analysis.

The Opportunity

We are seeking a Costs & Funding Analyst to join the firm's Costs team.

Working closely with the Risk & Funding Partner and colleagues across the firm, the successful candidate will play an important role in the management and analysis of litigation costs, funding arrangements, financial risk and matter outcomes.

This is a broad and varied position combining legal, financial, data and risk analysis, alongside technology, reporting and process improvement.
The role would suit someone with experience in legal costs, litigation funding, accountancy, finance, economics, insurance or data analysis, who is interested in developing a specialist career within a leading disputes practice.

Key Responsibilities

• Assist matter teams with the preparation of documentation and financial analysis for internal review and approval of alternative funding arrangements.
• Prepare and maintain fee and outcomes projections for conditional and contingent fee matters.
• Support the approval and execution of conditional fee agreements and damages-based agreements.
• Liaise with matter teams, ATE insurers and brokers to arrange and administer After-the-Event insurance policies, including supporting insurer audits.
• Monitor the progress of funding arrangements and follow up with relevant teams where actions or approvals remain outstanding.
• Maintain accurate records of funding arrangements, matter status and key financial information.
• Work with relevant teams to ensure cost estimates and budgets are established for new matters.
• Monitor actual costs against agreed budgets, estimates and court-approved costs, identifying and escalating significant variances.
• Produce regular and ad hoc reports covering costs, funding, financial risk and matter outcomes.
• Analyse outcomes data and provide meaningful insights to support decision-making.
• Work with IT, Projects and Costs colleagues to develop and improve cost management, reporting and data functionality.
• Identify opportunities to improve internal costs and funding procedures, workflows and documentation.
• Make recommendations for the use of technology and automation to improve efficiency, accuracy and reporting.
• Monitor developments in costs and funding and share relevant knowledge and lessons learned.
• Respond to ad hoc queries from fee earners and matter teams regarding costs and funding.
• Investigate and support applications for court fee remissions where applicable.
• Undertake ad hoc projects and analysis relating to costs, funding and financial risk.

About You

The successful candidate will ideally have:

• Experience or a genuine interest in litigation costs and funding.
• Previous experience within legal costs, accountancy, finance, economics, insurance or a data-focused role.
• Strong numerical and analytical skills, with the ability to interpret financial and operational data.
• Excellent attention to detail and a methodical approach to analysis.
• Strong organisational and project management skills.
• The ability to manage competing priorities and meet deadlines.
• Excellent judgement and discretion when dealing with confidential and commercially sensitive information.
• A proactive, solutions-focused approach to problem solving.
• Strong communication and interpersonal skills, with the confidence to liaise with lawyers, senior stakeholders and external parties.
• The ability to present complex information clearly and professionally.
• Advanced or intermediate Excel skills, including pivot tables, graphs and formulas such as IFS, SUMIFS and LOOKUPS.
• An interest in technology, automation and AI, with the ability to adapt quickly to new systems and processes.

Experience with legal practice management, CRM, costs management or business intelligence systems would be advantageous.

An understanding of litigation funding, costs management rules and the financial considerations associated with high-value or complex litigation would also be beneficial.

Why Join?

This is an opportunity to join a highly respected specialist disputes firm and work at the intersection of litigation, finance, risk and technology.

The role offers exposure to complex and high-value matters and the opportunity to work closely with experienced lawyers and senior stakeholders across the business.

For an individual looking to build a career in litigation costs and funding, this role provides an opportunity to develop specialist expertise within a sophisticated and innovative legal environment.