Senior Paralegal, Contracts

This is a fully remote position, open to applicants in Maryland.

📋 Description

• Offer guidance and support in contract drafting, review, and management throughout the entire contract lifecycle.

• Assist the Transactions team within the Legal Affairs department.

• Collaborate with the Transactions team, commercial products division, and sourcing & procurement teams.

• Draft, negotiate, and finalize contracts with both internal and external stakeholders.

• Manage Master Services Agreements, Statements of Work, Supply Agreements, Maintenance Agreements, and Rental Agreements.

• Act as a liaison between internal business units and external vendors and suppliers.

• Collect stakeholder feedback and approvals while ensuring alignment with business objectives.

• Track contractual actions and deadlines, determining suitable courses of action.

• Communicate with internal clients regarding contract intake and outstanding contracts.

• Process requests and provide recommendations independently or in collaboration with attorneys.

• Identify issues, negotiate terms, and minimize organizational risks while adhering to policies and procedures.

• Assist in contract execution and maintain data within Agiloft.

• Function as the Agiloft system administrator in conjunction with Legal Operations.

• Contribute to the development of contract management policies, procedures, and systems.

• Prepare and deliver occasional training sessions for internal clients.

• Formulate strategies and tools aimed at enhancing efficiency and improving client service.

⛳️ Requirements

• Bachelor’s degree.

• Over 7 years of experience as a paralegal.

• Proficiency in contract drafting, negotiations, and contract management systems.

• Strong preference for experience in an in-house corporate environment or a role focused on contract terms and conditions.

• Familiarity with Sourcing & Procurement contracts.

• Experience in preparing redlines; significant experience in redlining agreements.

• Strong grasp of contract language and the obligations of each party.

• Ability to identify, communicate, and mitigate business risks effectively.

• Working knowledge of the complete contract lifecycle, from initiation through to post-execution.

• Understanding of contract relationships and key terms, along with negotiation strategies.

• Experience with the Agiloft contract management system is strongly preferred.

• Excellent analytical and problem-solving capabilities.

• Outstanding time management, written, and verbal communication skills.

• Capacity to interface with various levels within the organization.

• Proficient in Word, Outlook, Excel, and Adobe Acrobat.

• Ability to work independently with minimal supervision.

• Competence in prioritizing multiple tasks with competing demands.

• Capability to perform effectively in a dynamic, fast-paced environment.

• Proactive approach and initiative.

• Comfort with ambiguity.

• Sound judgment, interpersonal skills, and discretion.

🏝️ Benefits

• Additional incentive compensation, including merit increases.

• Annual bonus.

• Long-term incentives in the form of stock options.

• Comprehensive benefits package.

• Reasonable accommodations for individuals with disabilities.