Senior Associate, Contract Management

Factor • Chicago, IL

2d • Hybrid

About The Position

Factor is a pioneer in the ALSP market and leads the evolution of legal services through AI-integrated contracting. As the market leader in Integrated Law™, Factor combines Traditional Law, New Law, and In-house legal expertise to deliver complex legal work at scale. The company collaborates with corporate legal departments to address the increasing demands and complexity of transactional legal work. Their approach integrates specialist expertise, AI-powered solutions, and business process knowledge to enhance performance, achieve better business and legal outcomes, and transform the contracting experience. Factor serves Fortune 500 companies, including global banks, major pharmaceutical companies, and large technology firms. The company is committed to fostering a diverse and inclusive environment where individuals from all backgrounds can thrive. With over 300 lawyers, legal specialists, technologists, and process consultants across Europe and North America, Factor is expanding its team.

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

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