Commercial Contracts Paralegal

Life Fitness / Hammer Strength; Rosemont (IL); Hybrid; USD 81,000 - 117,000; Full time

Benefits offered by this job

401(k) with 4% employer match

Health, dental and vision insurance

Paid time off and holidays

Life and disability insurance

Employee wellness and on-site fitness

Job summary

Life Fitness / Hammer Strength is seeking a Commercial Contracts Paralegal to support deal execution from intake to signature. You will review and negotiate MSAs, order forms, SOWs, NDAs, and amendments while identifying risks and ensuring compliance with company standards.

The role requires a Bachelor’s degree or equivalent, 5+ years in a commercial contracts paralegal role, and experience in a corporate setting. Hybrid work in Rosemont, IL with in-office days Tue–Thu.

Qualifications

• Bachelor’s degree or equivalent professional experience.
• 5+ years of experience as a paralegal supporting commercial contracts.
• Experience in a corporate legal or in-house environment preferred.
• Strong understanding of commercial contracts and common legal provisions.
• Ability to balance legal risk with business priorities.
• Strong organizational skills with ability to manage multiple priorities.

Responsibilities

• Partner with Sales, Commercial, and cross-functional leadership to support deal execution from contract intake through signature.
• Review and support negotiation of commercial agreements including MSAs, order forms, SOWs, amendments, and NDAs.
• Identify contractual risks, propose practical solutions, and escalate issues when legal review is required.
• Manage a high volume of contracts, prioritizing requests based on urgency and business impact.
• Maintain contract templates, playbooks, and contract lifecycle management (CLM) workflows.
• Partner with Sales Operations, Finance, Pricing, and Procurement to align on contract terms and approvals.
• Track contract status and cycle times, providing insights to Legal and Commercial leadership.
• Support compliance with key contractual provisions including confidentiality, data protection, and indemnification.
• Assist with contract interpretation, legal research, and other support for the Law Department.
• Identify opportunities to improve contracting processes and increase deal efficiency.

Skills

Strong communication

Attention to detail

Organizational skills

Explain legal concepts to non-legal

Independent work

Education

Bachelor’s degree or equivalent

Tools

Contract lifecycle management systems

Job description

Join us as we empower the world to work out, creating healthier lives together.

At Life Fitness / Hammer Strength, we’re not just building equipment— we’re shaping the future of fitness and inspiring healthier lives around the world. As pioneers in fitness innovation, we design and deliver high-performance, durable, and reliable solutions that power workouts across the globe. The Commercial Contracts Paralegal supports the Life Fitness / Hammer Strength Legal Department by managing and facilitating commercial contracting activities across the business. This role partners closely with Sales, Commercial, and other cross-functional leadership teams to support efficient deal execution while ensuring agreements align with company standards and risk guidelines.

The Commercial Contracts Paralegal plays an important role in enabling the business to move quickly while maintaining appropriate legal safeguards. The role requires strong judgment, attention to detail, and the ability to translate legal requirements into practical guidance for business stakeholders.

This is a hybrid position primarily based out of our Global Support Hub in Rosemont, IL. Monday and Friday are remote, with Tuesday through Thursday designated as in-office collaboration days.

As a Commercial Contracts Paralegal, You Will

• Partner with Sales, Commercial, and cross-functional leadership teams to support deal execution from contract intake through signature.
• Review and support negotiation of commercial agreements including MSAs, order forms, SOWs, amendments, and NDAs.
• Identify contractual risks, propose practical solutions, and elevate issues when legal review is required.
• Manage a high volume of contracts, prioritizing requests based on urgency and business impact.
• Maintain contract templates, playbooks, and contract lifecycle management (CLM) workflows.
• Partner with Sales Operations, Finance, Pricing, and Procurement to align on contract terms and approvals.
• Track contract status and cycle times, providing insights to Legal and Commercial leadership.
• Support compliance with key contractual provisions including confidentiality, data protection, and indemnification.
• Assist with contract interpretation, legal research, and other support for the Law Department.
• Identify opportunities to improve contracting processes and increase deal efficiency.

What Life Fitness / Hammer Strength is looking for in our Commercial Contracts Paralegal:

• Bachelor’s degree or equivalent professional experience.
• 5+ years of experience as a paralegal supporting commercial contracts.
• Experience working in a corporate legal or in-house environment preferred.
• Strong understanding of commercial contracts and common legal provisions.
• Ability to balance legal risk with business priorities.
• Strong organizational skills and ability to manage multiple priorities in a fast-paced environment.
• Excellent communication skills with the ability to explain legal concepts to non-legal stakeholders.
• High attention to detail, sound judgment, and ability to work independently.
• Experience with contract lifecycle management systems preferred.

At Life Fitness / Hammer Strength, we believe in taking care of our team with a comprehensive total rewards package that includes competitive pay and a range of valuable benefits. The salary range for this position, intended for U.S. applicants, is $81,000 - $117,400 annually. This position is eligible to participate in Life Fitness / Hammer Strength’s annual Manager Incentive Plan to receive an annual discretionary bonus in addition to base salary. The amount of bonus varies based on company and individual performance goals and is subject to the terms and conditions of the applicable incentive plan.

Life Fitness / Hammer Strength offers a comprehensive package of benefits for full-time team members, including, but not limited to: a 401(k) savings plan with 4% employer match; medical, dental and vision insurance, parental, medical and military leaves of absence, paid time off, including 12 paid holidays throughout the calendar year, paid vacation days beginning at 13 days annually, paid sick leave as provided under state and local paid sick leave laws, company paid short-term disability and optional long-term disability, health savings account, health care and dependent care reimbursement accounts, employee and dependent life insurance and supplemental life and AD&D insurance, hospital indemnity; identity protection, legal services, adoption assistance, tuition assistance, commuter benefits, employee discounts, and an employee assistance program that includes free counseling sessions. Employees also have access to our state-of-the-art on-site fitness center featuring industry-leading Life Fitness and Hammer Strength equipment, making it easy to support health and wellness before, during, or after the workday. Eligibility for benefits is governed by the applicable plan documents and policies.

Life Fitness / Hammer Strength is an equal opportunity employer. All qualified applicants, including individuals with disabilities and protected veterans, are encouraged to apply. Life Fitness / Hammer Strength complies with all applicable federal, state, and local laws regarding employment, recruitment and hiring. All qualified applicants are considered for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, citizenship status, disability, protected veteran status, or any other category protected by applicable federal, state, or local laws.

There continues to be a significant increase in phishing attempts across all industries where fraudsters are impersonating real employees and sending fictitious job offers to applicants in a scheme to obtain sensitive information. Please note that Life Fitness/Hammer Strength will never ask for your financial information at any part of the interview process, including the post-offer stage, and will only correspond through “@lifefitness.com” or "@indoorcycling.com" domain email addresses or “[e-mail]” for U.S. opportunities.

Life Fitness/Hammer Strength does not accept applications, inquiries or solicitations from unapproved staffing agencies or vendors.