Commercial Contracts Paralegal
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 closely with Sales, Commercial, and cross-functional leadership teams to support efficient deal execution while ensuring agreements align with company standards and risk guidelines. It helps the business move quickly while maintaining appropriate legal safeguards, using sound judgment and attention to detail 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, while Tuesday through Thursday are 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
- Annual discretionary bonus opportunity through the Manager Incentive Plan, subject to plan terms and company and individual performance goals.
- 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 starting at 13 days annually, and paid sick leave as provided by applicable 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 an on-site fitness center.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
