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Contract Specialist - Legal & Compliance

Stout
United States, Illinois, Chicago
1 South Wacker Drive (Show on map)
Dec 12, 2025

At Stout, we're dedicated to exceeding expectations in all we do - we call it Relentless Excellence . Both our client service and culture are second to none, stemming from our firmwide embrace of our core values: Positive and Team-Oriented, Accountable, Committed, Relationship-Focused, Super-Responsive, and being Great communicators. Sound like a place you can grow and succeed? Read on to learn more about an exciting opportunity to join our team.

Contract Specialist - Legal & Compliance

Impact You'll Make

  • Serve as the first point of review for a broad range of commercial contracts-including engagement letters, confidentiality agreements, consulting agreements, vendor agreements, and independent contractor agreements-to ensure alignment with company policies, legal requirements, and industry best practices.

  • Improve contract quality by reviewing client redlines, applying internal templates and playbooks, and escalating key issues to supervising attorneys when needed.

  • Strengthen business operations by managing and maintaining legal templates, developing process improvements, and contributing to playbooks, checklists, and tools that enhance contract workflow efficiency.

  • Provide clear interpretation of contract terms and policies to internal stakeholders, helping teams meet business objectives while supporting effective risk management.

  • Support cross-functional teams (Client Services, IT, Finance, HR) by serving as a reliable point of contact for contract- and policy-related inquiries.

  • Contribute to Legal & Compliance team initiatives, resources, and presentations, supporting the firm's broader operational and compliance goals.

What You'll Do

  • Review, draft, and revise commercial agreements using internal templates, playbooks, and professional judgment to ensure accurate, compliant, high-quality contract documents.

  • Conduct basic negotiations with internal stakeholders and external clients, escalating complex matters to in-house attorneys as appropriate.

  • Manage and update department templates, standard forms, clause libraries, and process documentation to maintain consistency and improve efficiency.

  • Interpret contract language, policies, and requirements for internal teams, providing clear, business-aligned recommendations.

  • Support subpoena responses, litigation matters, document production, and other legal support activities as requested by legal leadership.

  • Collaborate with internal teams across the firm to troubleshoot contract-related questions and ensure smooth execution of business processes.

  • Assist with developing internal training materials, resources, and presentations on contracting best practices and legal processes.

What You Bring

  • Bachelor's degree in business administration, legal studies, or a related field (required).

  • Paralegal certification or equivalent experience (preferred).

  • 4+ years of experience drafting, reviewing, or negotiating commercial contracts in a corporate legal department or professional services environment.

  • Strong understanding of commercial contracting concepts; familiarity with data privacy, professional services, or government contracting is a plus.

  • Excellent verbal and written communication skills, with the ability to explain contract concepts clearly to non-legal stakeholders.

  • Proficiency with Microsoft Office Suite and experience managing contract documents, templates, or workflows.

  • Strong attention to detail, organization, and the ability to manage multiple projects in a fast-paced environment.

How You'll Thrive

  • Demonstrate flexibility and adaptability when responding to shifting priorities, deadlines, and requests.

  • Bring a proactive, solution-oriented mindset to complex contract and operational challenges.

  • Collaborate effectively with attorneys, colleagues, and cross-functional teams while embodying Stout's core values: Positive and Team-Oriented, Accountable, Committed, Relationship-Focused, Super-Responsive, and Great Communicators.

  • Maintain exceptional attention to detail and a commitment to delivering Relentless Excellence in all aspects of contract review, client support, and internal collaboration.

  • Work independently with sound judgment while knowing when to escalate risks or seek attorney guidance.

Why Stout?
At Stout, we offer a comprehensive Total Rewards program with competitive compensation, benefits, and wellness options tailored to support employees at every stage of life.

We foster a culture of inclusion and respect, embracing diverse perspectives and experiences to drive innovation and success. Our leadership is committed to inclusion and belonging across the organization and in the communities we serve.

We invest in professional growth through ongoing training, mentorship, employee resource groups, and clear performance feedback, ensuring our employees are supported in achieving their career goals.

Stout provides flexible work schedules and a discretionary time off policy to promote work-life balance and help employees lead fulfilling lives.

Learn more about our benefits and commitment to your success.

https://www.stout.com/en/careers/benefits

The specific statements shown in each section of this description are not intended to be all-inclusive. They represent typical elements and criteria necessary to successfully perform the job.

Stout is an Equal Employment Opportunity.All qualified applicants will receive consideration for employment on the basis of valid job requirements, qualifications and merit without regard to race, color, religion, sex, national origin, disability, age, protected veteran status or any other characteristic protected by applicable local, state or federal law.

Interested in joining a rapidly growing group of bright, ambitious professionals in a work environment that values culture, inclusion, and personal growth? Stout might just be the right place for you.

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