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Factor · 16 hours ago

Senior Associate, Contract Management

Chicago

Full-time, Contract

Hybrid

Mid, Senior Level

4+ years exp

Factor is a pioneer in the ALSP market, leading the evolution of legal services through AI-integrated contracting. The Senior Associate, Contract Management will work on engagements for large global clients, focusing on contract negotiation and management in various sectors including financial services and corporate restructuring.

Law Practice

Responsibilities

Be part of a team committed to overall delivery of services and compliance with all delivery commitments to the client

Draft and negotiate a wide range of contracts including content and development contracts, software development contracts, professional and consulting services contracts, staffing contracts, licensing contracts, other IP/IT contracts and general commercial contracts

Working with junior team members and training and developing them to become skilled negotiators

Assisting the Delivery lead by owning the more complex negotiations and providing oversight and QC of more Junior members of the team, some of who may not have negotiated before

Adhere to delivery processes and commitments

Identifying new opportunities to improve the client negotiation processes & procedures and to further develop our long-term relationships

Input and manage data on Factor and client systems and keep them up to date

Help develop contract templates, playbooks and other tools for use by the team

Remain up to date on legal and other relevant developments

Be part of a team committed to continually improving our service to the client and adding value

Qualification

Law DegreeContract NegotiationCommercial AwarenessMicrosoft OfficeClient Relationship ManagementCoachingWrittenMatter Management SystemMentoringAttention to DetailVerbal Communication

Required

Law Degree and/or Legally Qualified

Legally eligible to work in the country this role is based

4+ years' demonstrable experience of independently drafting and negotiating commercial contracts within a law firm, as part of an in-house legal team or within Factor

Excellent attention to detail

Operates with substantial latitude, with minimal or no supervision

Strong commercial awareness, working directly with business managers

The legal knowledge to act as a senior advisor to the client and serve as an escalation point on issues for more junior team members

Very strong written and verbal communication and presentation skills

Very strong working knowledge of Microsoft Office suite - especially Microsoft Word

Coaching and mentoring more junior team members

Experience of client relationship management

Working with a recognized matter management system as part of daily routine