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Senior Associate, Contract Management

With a legacy as a pioneer in the ALSP market, Factor has identified the need for another innovation in the legal services market: Integrated LawTM.  

 

Factor is the market leader in Integrated LawTM, combining 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 like contracting. We deliver better performance, better business and legal outcomes, and a better contracting experience.  

 

Our clients span Fortune 500 companies including global banks, major pharmaceutical companies and large technology firms.  

 

Factor is committed to building the best culture in legal. We believe that the more diverse our team becomes — in backgrounds, skills, experiences, and perspectives — the higher our creative potential as a company. We are dedicated to growing a diverse, inclusive company where individuals of all backgrounds thrive.  

 

We are comprised of more than 400 lawyers, legal specialists, technologists, and process consultants across Europe and North America – Join us!


The Role:

We’re looking for a Senior Contract Associate to join us in our Wroclaw office. As a member of our team, you’ll be responsible for supporting our clients business by drafting and negotiating a wide range of contracts as part of a wider general support service to the client’s contracts management and in-house legal teams.  


If you believe in being a team player, can collaborate and communicate well with technical and non-technical audiences while bringing a result-driven, focused, high energy, confident, curious, quirky, and most of all fun sense of self, then this is the place for you.


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.   


Qualifications
  • You are adaptable, authentic, accountable, and values-driven. You’re a team player who exhibits personal leadership and leaves things better than you found them. We’re looking for someone who always gives their best and inspires others to do the same. This role requires excellent attention to detail and strong commercial awareness. It’s no small task!

In addition to the above, here are the required skills, knowledge, capabilities, and education for this role:
  • 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   


What We Offer
  • 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 400 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; 
  • Employment contract and employees’ benefits package – MultiSport card, private medical care, group insurance, wellbeing platform; 
  • Remote (PL) or hybrid working model with a modern office located in the heart of Wroclaw. 


Additional Information

As a member of an ISO Compliant center, the candidate will be required to follow the policies and procedures on Information Security Management System in place at the Center of Excellence and globally at Factor. As a member of the Factor team, the applicant will have access to various company and client assets and will be required to maintain the level of security as identified for each asset.

 

Factor is an Equal Opportunity Employer.

For more, visit: factor.law

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Average salary estimate

$70000 / YEARLY (est.)
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$60000K
$80000K

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What You Should Know About Senior Associate, Contract Management, Factor

Factor is on the lookout for a Senior Associate in Contract Management to join our vibrant Wroclaw office. As a trailblazer in the ALSP market, Factor has embraced the innovative concept of Integrated LawTM, a unique blend of traditional and modern legal practices designed to meet the intricate demands of transactional legal work. In this exciting role, you'll dive into drafting and negotiating a diverse portfolio of contracts, supporting our clients' business goals while collaborating closely with both technical and non-technical audiences. We're passionate about fostering a dynamic team environment where you can thrive alongside some of the industry's best legal talent. Your expertise will be vital in training and developing junior colleagues, ensuring a smooth workflow through effective negotiation processes. At Factor, we celebrate diversity and inclusion, firmly believing that a variety of perspectives enhances our creative potential. If you're adaptable, detail-oriented, and ready to uphold our commitment to delivering exceptional legal services while having fun along the way, we would love to hear from you. Join us if you're excited to impact our high-profile Fortune 500 clients, enhance contracting experiences, and contribute to a culture that values every team member’s input and growth.

Frequently Asked Questions (FAQs) for Senior Associate, Contract Management Role at Factor
What are the primary responsibilities of a Senior Associate in Contract Management at Factor?

As a Senior Associate in Contract Management at Factor, you will be responsible for drafting and negotiating various contracts, including software development and licensing agreements. Your role includes collaborating with clients and teams, coaching junior members, and maintaining compliance with all delivery commitments, ensuring that we exceed our clients' expectations.

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What qualifications are needed to apply for the Senior Associate role at Factor?

To qualify for the Senior Associate position at Factor, candidates should hold a law degree or be legally qualified, with at least four years of experience in drafting and negotiating commercial contracts. Strong attention to detail, excellent communication skills, and commercial awareness are also essential to excel in this role.

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How does Factor support the professional development of its Senior Associates in Contract Management?

Factor is committed to nurturing the professional growth of its Senior Associates by providing opportunities for coaching and mentoring junior team members, guidance from industry-leading experts, and access to a wide array of resources to develop skills in contract management and negotiation in a collaborative environment.

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What is the work culture like for Senior Associates at Factor?

At Factor, the work culture for Senior Associates is dynamic and inclusive, promoting collaboration, creativity, and team spirit. We believe in celebrating diversity and ensuring every voice is heard, fostering an atmosphere of innovation where employees can develop their careers while enjoying balanced work hours.

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What benefits can a Senior Associate enjoy while working at Factor?

As a Senior Associate at Factor, you'll enjoy a competitive benefits package that includes a MultiSport card, private medical care, group insurance, and access to a wellbeing platform. Additionally, we promote work-life balance with flexible hybrid working options and designate time for professional development.

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Common Interview Questions for Senior Associate, Contract Management
Can you describe your experience with drafting and negotiating contracts as a Senior Associate?

When discussing your experience with contract drafting and negotiation, highlight specific types of contracts you've worked on. Emphasize your role in the negotiation process, how you handled complex situations, and what outcomes resulted from your efforts to showcase your effectiveness in this pivotal area.

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What strategies do you use to manage client relationships?

To effectively manage client relationships, focus on communication and empathy. Share examples of how you've established trust, addressed concerns proactively, and aligned solutions to meet client needs. This will demonstrate your understanding of relationship management and the importance of client satisfaction.

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How do you mentor junior team members in contract negotiations?

Discuss your approach to mentoring by sharing specific techniques you've used, such as role-playing scenarios or providing constructive feedback on real negotiations. Illustrate your commitment to their growth and how you've used your experience to guide them through real-life contract situations.

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What challenges have you faced in your previous contract management roles, and how did you overcome them?

Identifying a challenging situation with a contract, explain the context, and detail the steps you took to resolve it. Emphasize problem-solving skills, resilience, and the lessons learned to demonstrate your proactive approach to overcoming obstacles in contract management.

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How do you ensure compliance with legal regulations in your contract management work?

When addressing compliance, explain your familiarity with relevant laws and regulations. Provide specific practices you follow, such as regular updates on legal changes, consultation with in-house legal teams, and implementing checks during the contract review process to minimize risk.

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Can you give an example of a successful contract negotiation you led?

Share a specific contract negotiation where your strategy led to a favorable outcome. Highlight your preparation, the negotiations' key stages, and the positive impact on the client or organization to convey your effectiveness as a negotiator.

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How do you approach drafting a difficult or complex contract?

When approaching complex contracts, emphasize the importance of understanding the core objectives and potential issues beforehand. Mention your research and collaboration with relevant stakeholders to clarify ambiguities to ensure clarity and alignment.

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What role does teamwork play in your approach to contract management at Factor?

Teamwork is essential in contract management. Discuss how you collaborate with various departments, share insights within your team, and contribute to an environment of collective problem-solving. Reinforcing your belief in a united approach aligns well with Factor's values.

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What tools and technologies do you use in contract management?

Talk about your proficiency with contract management tools and systems, emphasizing how they enhance your productivity and accuracy. Highlight your experience implementing these technologies to streamline workflows and optimize overall efficiency in the contract process.

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Describe a situation where your attention to detail made a difference in contract management.

To highlight your attention to detail, recount a specific instance where catching a mistake or misunderstanding affected the outcome of a contract. This showcases your keen eye and reinforces your value as a Senior Associate in Contract Management.

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Full-time, hybrid
DATE POSTED
December 24, 2024

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