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Position Overview
Opportunity to join the Paylocity legal team as a Contract Specialist supporting the fast-paced and exciting commercial function. This position reports to Senior Managing Counsel and is responsible for contract administration and review of commercial agreements as well as related projects. The candidate will be responsible for commercial contract negotiations, drafting contracts, conducting legal research, managing the intake and prioritization of deal work, communication and collaboration with other stakeholders and assisting with the overall contracts process and related administration of legal documents. Candidates will also assist with other documents as necessary and general legal projects.
Responsibilities
The below represents the primary responsibilities of the position. Other duties may be assigned as needed.
- Prepare, redline, negotiate, and manage commercial contracts including service agreements, vendor agreements, statements of work, partnership agreements, amendments, NDAs, and related legal agreements.
- Responsible for contract negotiation of high volume of engagements in partnership with commercial counsel.
- Ensure efficiency and organization in intake process and deal pipeline to enable appropriate prioritization and timeliness of response to stakeholders across requests.
- Identify terms and conditions options, and/or carve-out strategies to resolve contract negotiation roadblocks while limiting risk as well as applying fallback positions established by the legal team.
- Successfully leverage and contribute to playbook and cheat sheets to be used as negotiation tools across the team.
- Independently review and redline agreements using internal resources with appropriate escalation on non-standard positions.
- Identify and help implement process improvements to contracting policies and procedures, including contract lifecycle management and related initiatives.
- Collaborate across stakeholders to coordinate advice internally and externally.
- Independently lead internal calls with clients on deal structure, open issues and related contract support.
- As appropriate, lead live negotiations leveraging playbook and cheat sheet positions for low complexity transactions.
- Proactively liaise with internal clients to understand deal cycle, pipeline and urgency on requests.
- Build relationships and maintain open communication with internal clients to establish strong partnership with legal.
Requirements
- 3+ years of experience reviewing, drafting, and negotiating contracts, preferably SAAS and technology agreements supporting vendor transactions/procurement.
- Bachelor’s degree
- JD preferred but not required
- Proficient in Word and Excel
- Strong organizational and time management skills
- Desire to collaborate in a fast-pace and evolving tech environment.
This role can be performed from any office in the US. The pay range for this position is $71,006- $94,016/yr; however, base pay offered may vary depending on job-related knowledge, skills, and experience. This position is eligible for an annual bonus and restricted stock unit grant based on individual performance in addition to a full range of benefits outlined here. This information is provided per the relevant state and local pay transparency laws for the location in which this position will be performed. Base pay information is based on market location.
