About Kirkland & Ellis
Kirkland & Ellis LLP is a preeminent, full-service law firm with offices around the world and a staff as diverse as the practice areas we support. Our clients range from Fortune 100 companies to medium and small corporations, financial institutions, and private equity firms. Known for our commitment to excellence, Kirkland strives to provide superior service to our clients as well as our fellow employees. From Information Technology to Human Resources, Paralegal Services to Business Development, Kirkland offers non-attorney professionals challenging careers in a variety of functional areas. Whether starting or growing your career, Kirkland can offer a performance-driven culture filled with bright and innovative teams of co-workers.
Essential Job Functions
The Billing Coordinator is responsible for the completion of all facets of the billing and collection function. The position requires the preparation of client invoices, as well as monitoring and follow-up after they are sent. Responsibilities include working with the Billing Supervisors, Senior Billing Coordinators, and/or partners to proactively administer their billing responsibilities, preparation and processing of timely and high quality invoices, and monitoring and follow-up on outstanding receivables. The Billing Coordinator will be involved with complex billing matters and related requests.
(This list is not exhaustive and may be supplemented and changed as necessary.)
- Administration of attorney billing responsibilities, including:
- Perform client billing and collection activities for assigned clients in a timely manner.
- Monitor aging of unbilled fees for assigned partners and/or clients.
- Monitor and manage outstanding accounts receivable, unapplied funds and collection efforts.
- Meet with Billing Supervisors, Senior Billing Coordinators, and/or partners to discuss monthly billing, outstanding invoices and strategy for collections.
- As requested, handle complex billing and client driven requests.
- Generate Proformas for each assigned partner at the beginning of each month, after the time entry deadline.
- Prepare billing packages for each assigned partner (i.e. draft cover letters, invoices, etc.).
- Review Proformas for misallocated time and ensure time entries are in accordance with client policy.
- Communicate new/changes in client policies to timekeepers.
- Edit draft invoices based on partners’ mark-up, including:
- Write-offs, in accordance with firm policies/procedures.
- Time/cost transfers; investigate appropriateness of where entries should be billed.
- Time entry narrative changes with respect to additions, corrections, deletions.
- Verify client specific rate accommodations and if necessary, apply approved discounts to the face of the invoices; keep track of volume discounts based on thresholds reached.
- Pull back-up of costs to include with final invoices based on a client’s billing requirements.
- Generate billing variance reports and write-off reports; acquire appropriate write-off approvals based on write-off amount thresholds.
Qualifications & Requirements
- Prepare electronic invoices using LEDES files; submit electronic invoices to clients via their designated electronic billing system and verify successful submissions.
- Establish working relationships with e-billing site vendors; make certain all timekeepers and rates are up-to-date on the sites; submit timekeepers and rates for approval as needed.
- Ensure three way communications between e-billing site, client and the Firm (as the e-billing site processes invoices based on the Clients’ Outside Counsel Billing Guidelines).
- Track status of bills submitted, identify issues, and work to address rejections and reductions as they arise.
- Monitor payment of assigned clients’ accounts receivable and coordinate collection efforts.
- Proactive follow-up with the Billing Supervisors, Senior Billing Coordinators, partners, and clients.
- Collaborate with Billing and Collection Committee members and/or Financial Managers to coordinate billing and collection efforts.
- Provide assistance to partners and clients regarding outstanding and/or short paid invoices.
- Maintain/enter status updates in Firm’s collection database.
- Communicate situations as they arise that may require follow-up, such as rate issues, delays in billing, difficult requests, etc.
- The Billing Coordinator will have a Bachelor’s Degree in Accounting, Finance, or Business. 3-4 years of previous billing experience in a law firm of professional services company is required.
- The Billing Coordinator is expected to perform all job duties with a commitment to providing superior service to clients and attorneys while producing a high quality work product. The ability to multitask and prioritize is essential.
- The Billing Coordinator must possess outstanding interpersonal skills in order to work effectively within a team environment, as well as independently. The ability to adapt to new assignments and deadlines in a fast-paced, highly demanding environment is required. Additional requirements include outstanding customer service demeanor and flexibility for possible overtime hours.
- Opportunities to expand responsibilities and progress within the Billing Services function are available for individuals based on strong performance and the desire to grow.
- MS Office with emphasis on Word and Excel
- Elite 3E
- Electronic Billing Systems
- This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, and filing cabinets.