Legal Specialist (Paralegal) - Agreements/Contracts

Role: Legal Specialist (Paralegal) – Agreements/Contracts

Location: Wilmington, DE

The LYCRA Company has built a leading position in the apparel industry over the years via a continuous stream of value-adding fiber, fabric, or garment innovations enabled and supported by a network of strategic partners across the entire apparel and personal hygiene value chain. This contributed to making the LYCRA® brand a unique asset that still powers today one of the most iconic and valuable corporate franchises in the apparel industry. It is all reflected in our corporate vision: “enhancing life through innovative garment solutions.”

We are hiring an experienced Legal Specialist (Paralegal) for our Legal Team, based in the Wilmington office, and reporting directly to our Chief Intellectual Property Counsel. This is a hybrid role requiring three (3) days per week in our beautiful offices.

Role:

Our global environment is fast-paced and continually evolving, and the candidate who will thrive in the role will be collaborative, curious, passionate, driven to create value, an outstanding communicator, and entrepreneurial in continually driving innovation. This opportunity exists at an exciting time for The LYCRA Company. We are a young, developing company – but with a long-established and definitively industry-leading premium product.

The legal specialist will be part of a global legal department. This is a senior role that requires drafting, reviewing, negotiating and issue-spotting various negotiable terms to contracts including, but not limited to intellectual property related contracts such as confidentiality agreements and intellectual property license agreements. The candidate should have knowledge of key contract terms and a proven track record of prior contract negotiating experience, be dedicated, competent and detail-oriented with the ability to go beyond what is expected, must possess ability to work autonomously and achieve company goals.

Responsibilities:

• Draft and/or review IP licenses, confidentiality agreements, and other contracts, as needed
• Draft and/or review contract terms and conditions with minimal attorney oversight
• Prepare agreements using current research methods and understand business needs as well legal implications and possess the ability to fulfill such requests
• Review contract terms and conditions to verify that they are in compliance with company policies and all applicable regulations
• Assist business to fulfill the terms of or to terminate contracts on mutually amicable terms
• Ability to clearly explain contract terms to business and other interested parties in simple, everyday language
• Serve as primary point of contact for business clients requiring contracts
• Collaborate and partner with Legal team to help improve current processes and be comfortable with establishing new processes for improved efficiencies
• Work independently with others across all business functions, such as Marketing, R&D, and Finance in support of contract needs
• Must be able to work independently but thrive in a collaborative group environment
• Run and analyze contract reports in support of contract initiatives
• Work independently to ensure completion of contracts in a timely manner
• Proofread, edit, and fact-check legal documents for accuracy and consistency
• Ability to work well under tight deadlines

Required Qualifications:

• Bachelor’s degree and/or Paralegal Certificate from an approved ABA school or equivalent experience
• 5-7 years experience as a contract paralegal/ specialist/manager in a corporate legal department
• Extensive experience with contracts; reviewing and understanding contracts and related key terms

Preferred Experience:

• 7-10 years experience as a contract paralegal/specialist/manager in a corporate legal department
• Experience with Saleforce.com and contract management systems
• Background in intellectual property including trademarks, copyrights and patents a plus

Compensation/Benefits

• We offer a competitive salary and an excellent benefits package.

The LYCRA Company innovates and produces fiber and technology solutions for the apparel and personal care industries. Headquartered in Wilmington, Delaware, The LYCRA Company is recognized worldwide for its innovative products, technical expertise, and unmatched marketing support. The LYCRA Company owns leading consumer and trade brands: LYCRA®, LYCRA® T400®, COOLMAX®, THERMOLITE®, ELASPAN®, SUPPLEX®, and TACTEL®. The LYCRA Company’s legacy stretches back to 1958 with the invention of the original spandex yarn, LYCRA® fiber. Today, The LYCRA Company focuses on adding value to its customers’ products by developing unique innovations designed to meet the consumer’s need for comfort and lasting performance. For more information, visit www.thelycracompany.com.

We are an equal opportunity employer. All applicants will be considered for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, or disability status.