What are the responsibilities and job description for the Contract Attorney position at Loews Hotels, LLC?
Contract Attorney
Loews Hotels & Co is a leading owner and operator of luxury hotels with a portfolio consisting of 26 hotels and resorts in the United States and Canada. Located in major city centers and resort destinations from coast to coast, the Loews portfolio features one-of-a-kind properties that go beyond Four Diamond standards and embrace their uniquely local community in order to curate exciting, approachable and local travel experiences for guests.
This position is an integral member of the Strategic Sourcing & Contract team and provides support on legal and risk management matters related to contract administration, drafting, and negotiation. These agreements are for, among other things, retail tenant leases, office tenant leases, concession agreements, equipment leases, service agreements, supply agreements, facility contracts, construction contracts, and technology contracts. This position also ensures compliance with covenants of all partnership, management, and loan agreements and that all contracts meet Loews Hotels standards of indemnity, insurance, and covenant requirements. The Sourcing & Contract Attorney reports to the Vice President of Strategic Sourcing, Contracting, Procurement, and Vendor Management but also works directly with the Corporate Legal Department.
Job Specific
- Responsible for drafting, negotiating, and reviewing legal documents such as new and amendment contracts
- Required skillset includes exceptional legal writing, research and organizational, and a thorough understanding of the legal drafting processes
- Draft notifications for contract terminations and assignments
- Contract administration to include archiving, tracing, reviewing, notification of renewals and expirations, covenant and other compliance, certificates of insurance, and tax forms
- Contract Administrator of / and maintaining the electronic contract administration database
- Responsible for compliance with standard language for insurance, liability, and indemnity, and for tracking and documenting deviations approved by Sr. Management for reporting to audit and / or Sr. Management
- Advises Sourcing & Contracting team on legal language
- Communicates with representatives of ownership, lenders, tenants, vendors, service providers, suppliers and JV partners, as needed
- Liaison with Corporate Legal and Corporate Risk departments, as needed
- Monitor and track legal expenses
- Provide weekly status updates to the VP of Strategic Sourcing, Contracting, Procurement, and Vendor Management of all ongoing contracts
- Serves as a key liaison and coordinates with internal and external auditors, as required
- May be required to work varying schedules to accommodate the Companys business needs
General
Qualifications
Required :
Preferred :
