Senior Associate, Legal Vendor Strategy & Management at Ares Management in New York, NY

Job description

Over the last 20 years, Ares’ success has been driven by our people and our culture. Today, our team is guided by our core values – Collaborative, Responsible, Entrepreneurial, Self-Aware, Trustworthy – and our purpose to be a catalyst for shared prosperity and a better future. Through our recruitment, career development and employee-focused programming, we are committed to fostering a welcoming and inclusive work environment where high-performance talent of diverse backgrounds, experiences, and perspectives can build careers within this exciting and growing industry. Job Description About the Role Ares is seeking a Senior Associate, Legal Vendor Strategy & Management – Performance and Value Management to help build the infrastructure for how the Legal department selects, manages and evaluates outside counsel and other legal service providers. This role is responsible for leading key workstreams relating to vendor strategy, sourcing, pricing analysis, performance management and relationship governance across Ares’ legal vendor portfolio. The successful candidate will help build a more disciplined and data-informed approach to legal vendor selection, evaluation and management. This position is well suited for a candidate with a background in consulting, procurement, legal operations, outside counsel or account management, law firm practice management or business operations who combines strong analytical ability with sound judgment and relationship skills. Reporting Reports to: Head of Legal Transformation Key Responsibilities Vendor Strategy and Sourcing Support development of vendor segmentation, sourcing strategy and preferred-provider approaches across the legal vendor landscape. Participate in vendor sourcing and procurement initiatives, including RFx processes, evaluation and feedback frameworks, pricing analysis and selection support. Own the preparation of vendor profiles, comparative assessments and recommendation materials for leadership review. Identify opportunities to improve vendor mix, cost discipline and alignment between business needs and service provider capabilities. Independently develop analyses and recommendations relating to pricing, staffing models, service delivery approaches and vendor selection decisions Governance and Relationship Management Help build and maintain vendor governance processes for preferred firms and service providers. Lead preparation of materials and insights for quarterly business reviews and other governance forums. Support ongoing relationship management by tracking commitments, follow-ups, performance trends and escalation items. Partner with internal stakeholders to ensure vendor strategy reflects business priorities, matter requirements and service expectations. Help incorporate, measure and report on playbook adherence, knowledge-transfer expectations and data-sharing requirements into vendor governance. Pricing, Spend and Performance Management Support pricing analysis, alternative fee arrangement evaluation and broader commercial decision-making and negotiation across vendors. Partner with Legal and Finance stakeholders to improve visibility into spend drivers, forecast trends and value realization. Help build scorecards, evaluation frameworks and performance review materials for vendors. Identify patterns and insights related to cost, efficiency, quality, responsiveness, staffing and service delivery performance. Help evaluate how firms and service providers are using AI and identify implications for pricing, performance, knowledge transfer and data-sharing expectations. Support continuous improvement efforts with vendors by translating data and feedback into actionable recommendations. Use AI-enabled tools where appropriate to support vendor analysis, performance reviews, knowledge capture, governance materials and decision support. Cross-Functional Execution Partner with cross-functional stakeholders to align vendor governance and management with Ares’ evolving legal ope