Commercial Contracts Paralegal

Life Fitness•Rosemont, IL

4d•Hybrid

About The Position

The Commercial Contracts Paralegal supports the Life Fitness / Hammer Strength Legal Department by managing and facilitating commercial contracting activities across the business. The role partners with Sales, Commercial, and cross-functional leadership teams to support efficient deal execution while ensuring agreements align with company standards and risk guidelines. It requires strong judgment, attention to detail, and the ability to translate legal requirements into practical guidance for business stakeholders. This is a hybrid position primarily based at the Global Support Hub in Rosemont, Illinois. Monday and Friday are remote workdays, with Tuesday through Thursday designated as in-office collaboration days.

Requirements

Bachelor’s degree or equivalent professional experience.
At least 5 years of experience as a paralegal supporting commercial contracts.
Strong understanding of commercial contracts and common legal provisions.
Ability to balance legal risk with business priorities.
Strong organizational skills and ability to manage multiple priorities in a fast-paced environment.
Excellent communication skills, including the ability to explain legal concepts to non-legal stakeholders.
High attention to detail, sound judgment, and ability to work independently.

Nice To Haves

Experience working in a corporate legal or in-house environment.
Experience with contract lifecycle management systems.

Responsibilities

Partner with Sales, Commercial, and cross-functional leadership teams to support deal execution from contract intake through signature.
Review and support negotiation of commercial agreements, including MSAs, order forms, SOWs, amendments, and NDAs.
Identify contractual risks, propose practical solutions, and escalate issues when legal review is required.
Manage a high volume of contracts, prioritizing requests based on urgency and business impact.
Maintain contract templates, playbooks, and contract lifecycle management (CLM) workflows.
Partner with Sales Operations, Finance, Pricing, and Procurement to align on contract terms and approvals.
Track contract status and cycle times, providing insights to Legal and Commercial leadership.
Support compliance with key contractual provisions, including confidentiality, data protection, and indemnification.
Assist with contract interpretation, legal research, and other support for the Law Department.
Identify opportunities to improve contracting processes and increase deal efficiency.

Benefits

Competitive pay and annual discretionary bonus opportunity through the Manager Incentive Plan.
401(k) savings plan with 4% employer match.
Medical, dental, and vision insurance.
Parental, medical, and military leaves of absence.
Paid time off, including 12 paid holidays, paid vacation beginning at 13 days annually, and paid sick leave as provided under state and local laws.
Company-paid short-term disability and optional long-term disability.
Health savings account and health care and dependent care reimbursement accounts.
Employee and dependent life insurance, supplemental life and AD&D insurance, and hospital indemnity.
Identity protection and legal services.
Adoption assistance and tuition assistance.
Commuter benefits and employee discounts.
Employee assistance program with free counseling sessions.
Access to a state-of-the-art on-site fitness center featuring Life Fitness and Hammer Strength equipment.