At a Glance
- Tasks: Negotiate and manage vendor contracts while collaborating with various internal teams.
- Company: Join Tradeweb, a dynamic company with a global presence in legal services.
- Benefits: Enjoy comprehensive benefits including parental leave, gym memberships, and professional development.
- Other info: Opportunity for career growth in a supportive and collaborative environment.
- Why this job: Make an impact by streamlining contract processes and building relationships across the organisation.
- Qualifications: 2-3 years in-house legal experience and strong communication skills required.
The predicted salary is between 50000 - 60000 £ per year.
Tradeweb is seeking an experienced Legal Contract Negotiator to join a small but growing team responsible for reviewing, negotiating, drafting and managing a broad range of vendor agreements, such as licensing, event, technology and professional services agreements. The vendor contract negotiation team is part of the broader Tradeweb legal team based in New York, London and Singapore, and reports directly to Senior Corporate Counsel located in New York.
As a Legal Contract Negotiator, you will partner closely with a variety of internal stakeholders across the organization, including global teams within Technology, Cybersecurity, Marketing, Market Data and HR, to help develop, execute and support Tradeweb’s vendor procurement workflows. The ideal candidate is organized, pays close attention to detail, is adept at prioritizing and managing competing interests, has excellent communication skills and is able to operate autonomously while being a team player when working with the legal team and internal business partners.
Job Responsibilities
- Vendor-facing contract review, redlining, drafting (with attorney support) and negotiation of a wide range of commercial contracts, including SaaS agreements, event contracts, data licenses and other related agreements.
- Communicate with internal stakeholders about contracts that are in progress and executed contracts, advise on contract process, and provide status updates.
- Foster positive relationships with internal stakeholders, vendor legal departments or other similar third parties, to build relationships, find solutions and best represent Tradeweb’s business interests.
- Assist in maintaining our vendor contract repository, including managing the contracting process (both within a contract management application and offline), reporting on key terms, developing and iterating on form documentation, and managing contract data.
- Contribute to legal team’s overall efforts to drive the continuous improvement of internal processes and procedures by identifying efficiencies and simplifying workflows.
- Develop expertise in the contract lifecycle management system used to track requests and store contracts/amendments.
- Assist with the development and improvement of existing processes, including updating or creating standard form templates, contract playbooks and guidelines, escalation processes, procurement training and tools, and FAQs.
Qualifications
- 2-3 years of relevant experience in an in-house legal department.
- Bachelor’s degree or equivalent work experience required.
- Qualified lawyers considered, but not necessary.
- Strong experience with reviewing, analyzing, drafting, communicating, and negotiating commercial agreements.
- Experience with documentation related to UK and EU regulatory frameworks relevant to data protection, third-party risk and operational resilience, including the UK GDPR, EU GDPR, Data Protection Act 2018 and DORA (e.g., data privacy agreements).
- Passionate about building and maintaining collaborative relationships with internal business partners and stakeholders across internal teams.
- Excellent written and verbal communication skills with the skill to explain legal issues to internal business partners clearly and pragmatically and effectively counsel internal business partners by providing clear and concise advice and creative solutions to meet business needs.
- Able to take ownership of matters independently, with appropriate supervision from senior team members.
Benefits
We offer a comprehensive range of benefits to support our employees at every stage of life and career. Our programs include enhanced parental leave, family-building and postpartum support through Maven, subsidised gym membership and a wide range of learning and development opportunities, to name a few. While specific offerings may vary by location, our teams will be happy to provide more detailed information about the benefits available in your region as you move through the recruitment process.
Legal Contract Negotiator in London employer: Tradeweb
Tradeweb is an exceptional employer that fosters a collaborative and innovative work culture, particularly for the role of Legal Contract Negotiator. With a strong emphasis on employee growth, we offer comprehensive benefits including enhanced parental leave, family-building support, and extensive learning opportunities, all within a dynamic environment located in major financial hubs like New York, London, and Singapore. Join us to be part of a team that values your contributions and supports your professional development while working on impactful vendor agreements.
StudySmarter Expert Advice🤫
We think this is how you could land Legal Contract Negotiator in London
✨Get Involved in Law Societies
Join local law societies and attend their events – they're often a goldmine for networking and job opportunities in the legal field. Plus, it’s a great way to meet other budding lawyers and experienced solicitors who could provide vital insights and connections.
✨Tap into Online Legal Communities
Don’t underestimate the power of online platforms like LinkedIn and specific legal forums. Get active in discussions or share your thoughts on recent legal developments – this not only builds your visibility but also showcases your passion and knowledge in law.
✨Attend Career Fairs and Workshops
Look out for career fairs and workshops specifically focused on law. Many law firms, including Tradeweb, will be scouting for fresh talent, so bring your A-game and don’t shy away from making a memorable impression.
✨Leverage Your University’s Career Services
If you’re still in university or have recently graduated, latch onto your career services! They often have connections with law firms looking for graduates and can guide you through the application process tailored for the legal sector.
We think you need these skills to ace Legal Contract Negotiator in London
Some tips for your application 🫡
Highlight Your Legal Knowledge:When applying for a full-time role in legal services at Tradeweb, make sure to demonstrate your understanding of key legal principles and areas of law relevant to the position. Include any specific coursework, modules, or certifications, like LPC or BPTC qualifications, that showcase your legal expertise directly on your CV.
Showcase Your Research Skills:In the legal field, strong research skills are crucial. Use your application to illustrate how you've utilised these skills in past studies or work experiences – whether that's through past internships or significant projects. Mention any legal databases or tools you’re proficient in, as this can give you an edge.
Tailor That Cover Letter!:Your cover letter is your chance to shine! Make it personal by expressing your genuine interest in Tradeweb and the specific role of Legal Contract Negotiator. Talk about why you want to be part of their team, how your unique experiences align with their values, and why you’re passionate about the legal sector.
Stay Formal but Friendly:While we all know the legal world can be pretty formal, don’t be afraid to let a bit of personality shine through in your written application. Use a respectful tone, but feel free to inject a little warmth; this approach can help you stand out and show you're a great fit for Tradeweb’s culture!
How to prepare for a job interview at Tradeweb
✨Know Your Legal Principles
Brush up on foundational legal principles relevant to the specific area of law you’re applying for, whether it’s corporate, criminal, or family law. We might get asked situational questions to test your knowledge, so being articulate about key concepts will make you stand out.
✨Be Ready for Case Studies
Full-time legal roles often involve case studies during interviews. Prepare to analyse a hypothetical case and discuss your approach to it. Practising this with a peer or mentor can help us refine our reasoning and articulate a solid legal argument.
✨Show Off Your Research Skills
As legal professionals, strong research skills are a must. Have examples ready of how you've effectively used legal databases or conducted thorough legal research in your past experiences. It's a great way to demonstrate your readiness for the role at Tradeweb.
✨Exude Professionalism and Confidence
In the legal field, professionalism is key. During the interview, we should maintain good eye contact and communicate clearly to show that we’re not just knowledgeable, but also confident. This can make a positive impression on your potential colleagues at Tradeweb.