FAQs
What is the required educational background for this role?
A Bachelor's Degree is required for this role, and a Juris Doctor is a plus.
How many years of experience are needed for this position?
A minimum of 7 years of experience in contract analysis, drafting, and negotiation, within a corporate legal department or law firm, is required.
What kind of skills are important for a Contract Specialist?
Important skills for a Contract Specialist include excellent analytical and critical thinking skills, high attention to detail, strong organizational skills, ability to work independently and as part of a team, and strong interpersonal and communication skills.
What systems should a Contract Specialist be familiar with?
Experience with contract lifecycle management and e-billing systems like Ironclad and Legal Tracker is preferred for this role.
What are some of the responsibilities of a Contract Specialist?
Responsibilities include drafting, reviewing, and negotiating contracts, creating and updating contract templates, identifying risks in contracts and proposing mitigation strategies, ensuring compliance with laws and company policies, providing legal support to internal departments, managing contract lifecycle, providing training on contract policies, developing contract management processes, and overseeing invoice and billing management.