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Transition: from a law degree to contracts management

Published on Feb 24, 2016

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PRESENTATION OUTLINE

Transition: from a law degree to a career in contracts management

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Contracts management is divided into stages, from pre-contract to post-award. The unique skills acquired by law school graduates are ideally suited to impact the field of contracts management in a positive way.

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Traditional path:

  • Most contracts managers are employees with technical knowledge of a trade, who then are brought up to speed on contracts law by additional schooling in contracts legal theory and management, paid for by the employer.
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The Dark Horses:

  • Law school graduates:
  • - Already have substantial experience related to every phrase of contracts management
  • - An advanced contracts law course is mandatory for every law student in their first year
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Instead of the standard two years of experience in the trade or field, employers can benefit from an employee who is joining the company with three intense years of legal education already completed.

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  • Training the legal nuances of contracts procurement and compliance is time consuming and expensive. Training a legal professional in the goods or services required for a particular line of business is much cheaper.
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  • It is common for law school graduates to include upper level courses in negotiation, remedies, and corporations in their law school coursework.
  • These classes are directly applicable to contracts management
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  • Many law school graduates have gained additional substantial experience in the procurement, negotiation and constant contractual compliance review required for any business contract as part of their work for law firms, corporations and other entities after graduating from law school.

Hire a law school graduate today!

Law school graduates make incredible contracts managers.