Senior Associate, Contract Management

Factor • Chicago, IL

4d • Hybrid

About The Position

Factor leads the next evolution in legal services through AI-integrated contracting, being the market leader in Integrated Law™. They combine the expertise of Traditional Law, the efficiency of New Law, and the close business integration of In-house legal to deliver complex legal work at scale. Factor works alongside corporate legal departments to solve for the ever-increasing demands and complexity of transactional legal work. Their approach combines specialist expertise, AI-powered solutions, and business process knowledge to deliver better performance, better business and legal outcomes, and a transformed contracting experience. Their clients span Fortune 500 companies including global banks, major pharmaceutical companies and large technology firms. Factor is dedicated to growing a diverse, inclusive company where individuals of all backgrounds thrive. They are comprised of more than 300 lawyers, legal specialists, technologists, and process consultants across Europe and North America. This is a fix term 6 months opportunity with possible extension.

Requirements

• 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

Nice To Haves

• Adaptable, authentic, accountable, and values-driven
• Team player who exhibits personal leadership and leaves things better than they found them
• Someone who always gives their best and inspires others to do the same
• Result-driven, focused, high energy, confident, curious, quirky, and fun sense of self

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

Benefits

• Chance to develop your career in an international, innovative company providing legal services to top brands worldwide
• Opportunity to join an industry-leading executive team and over 300 lawyers, contract experts, technologists, and process consultants
• Inclusive and nurturing work environment, where everyone's contributions are valued
• Comfortable working hours with respect for work-life balance
• Flexible working model

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Associate degree