Summary
The Contracts Advisor will handle all aspects of the contract management lifecycle for client-facing and vendor-facing contracts. This role supports procurement-related contracting, sourcing, and vendor management initiatives, as well as analysis of and response to clients’ terms of engagement.
Duties and Responsibilities:
- Manage the comprehensive lifecycle of vendor and client agreements, from inception to renewal or termination.
- Draft, review, and negotiate contracts with vendors and clients to ensure terms are favorable and protect firm interests.
- Analyze and minimize potential legal and financial risks associated with contractual terms.
- Lead review and negotiation of engagement letters, outside counsel guidelines, and other client-facing agreements.
- Partner with senior attorneys to assess risk, prepare markups, and negotiate terms.
- Support negotiation and purchasing of goods and services, including technology, SaaS, subscriptions, and maintenance agreements.
- Assist with RFI/RFP processes, vendor evaluations, benchmarking, and sourcing initiatives.
- Support procurement operations including purchase orders, vendor inquiries, and internal coordination.
- Analyze supplier data, including supplier diversity spend, and support ESG-related procurement initiatives.
- Monitor contract performance and compliance with legal standards, industry regulations, and company policies.
- Act as the primary liaison for contract-related communications with internal and external parties, fostering positive business relationships.
- Play significant role in the department’s selection and adoption of contract lifecycle management software.
- Uphold high standards of confidentiality, discretion, and integrity, particularly with respect to all sensitive and/or confidential firm and client information to which this position will have access.
Qualifications
- Knowledge of and extensive experience with commercial contracts and contract law, terms, and conditions.
- Experience in strategy development, negotiations, contract management and administration and pricing analysis.
- Knowledge of commercial and business practices to develop, execute and manage contracts.
- Experience evaluating and mitigating risk in contracts.
- Skill exercising initiative and using good judgment to make sound decisions.
- Ability to manage deadlines, work independently, and collaborate cross-functionally.
- Effective word processing and spreadsheet software skills.
- Advanced verbal and written communication skills.
- Advanced research, analytical, and problem-solving skills.
- Skill interacting tactfully and effectively in complex negotiations with multiple stakeholders and priorities.
- 4+ years’ experience preferred.
Status: Exempt
Reports To: Contracts Manager
Workplace Type: Remote
Salary range of $77,000 – $124,500 dependent on candidate experience and candidate location.
Candidates hired for staff positions with a minimum work schedule of 30 hours per week are eligible for a comprehensive benefits package, including healthcare insurance. Learn more about benefits at Covington.
https://www.cov.com/en/careers/staff/benefits
View Covington job applicant privacy notice here:
https://www.cov.com/en/job-applicant-privacy-notice
Covington & Burling LLP is an equal opportunity employer and does not discriminate in any aspect of employment, including hiring, salary, promotion, discipline, termination, and benefits, on the basis of race, color, ethnicity, religion, national origin, gender, gender identity or expression, age, marital status, sexual orientation, family responsibility, disability (including physical handicap), or any other improper criterion.
Covington will consider qualified applicants with arrest or conviction records for employment in accordance with applicable laws, including the California Fair Chance Act, the Los Angeles Fair Chance Initiative for Hiring Fair Chance Ordinance, the Los Angeles County Fair Chance Ordinance, and the San Francisco Fair Chance Ordinance.