When it comes to the drafting of contracts, contract managers cannot be fooled easily. Their mission is to ensure that contracts made in the company context comply with legal requirements and are beneficial for the respective client. They can work in medium-sized as well as in large companies.
The legal departments of large and medium-sized companies increasingly employ their own lawyers who exclusively deal with the drafting and review of contracts. Contract managers ensure that contracts are ironclad and legally correct and that company guidelines are adhered to. As they will continue to be highly sought-after, they have good career prospects in many industries. There are numerous fields of application, e.g. in the finance or IT area.
Contact Hays and learn more about how we can support you in finding a job as a contract manager.
The organisation and formulation of contracts is one of the main tasks of contract managers. They have to ensure that the contents of the contracts are optimally formulated and legally compliant, that deadlines are met, contractual periods are defined and contracts can be viewed by all parties involved at all times. This applies in particular to contracts with notice periods. Successful contract managers exploit all the potential of a contract while at the same time minimising possible risks.
Contract managers elaborate the content of contracts and negotiate details on behalf of their companies or customers. Further training and an industry specialisation definitely constitute an advantage. In addition, contract managers should have the following hard and soft skills:
The salary of contract managers depends in particular on their experience, on the size of the business, and on whether they work in private enterprises or in law firms. On average, contract managers have an annual starting salary of EUR 50,000, but it can rise to more than EUR 120,000.
As a contract manager, you hold a demanding, responsible position with complex tasks. You prepare contracts, identify pitfalls and ensure transparency.
You are a qualified contract manager? Hays will help you find your dream job – whether you prefer a permanent position, a contracting position as a freelancer or a temporary employment. Learn more about how we can support you in your job search.
