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Contractor-paralegal vs contracts specialist

The differences between contractor-paralegals and contracts specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, a contracts specialist has an average salary of $63,727, which is higher than the $60,686 average annual salary of a contractor-paralegal.

The top three skills for a contractor-paralegal include litigation, legal research and discovery responses. The most important skills for a contracts specialist are veterans, DOD, and contract administration.

Contractor-paralegal vs contracts specialist overview

Contractor-ParalegalContracts Specialist
Yearly salary$60,686$63,727
Hourly rate$29.18$30.64
Growth rate14%-6%
Number of jobs15,60927,244
Job satisfaction--
Most common degreeBachelor's Degree, 53%Bachelor's Degree, 62%
Average age4644
Years of experience12-

What does a contractor-paralegal do?

A Contractor-Paralegal works for a law firm or corporate legal department for a specified amount of time, or for a specified task. They can be specialized in the entertainment industry or in providing services to healthcare companies and insurance providers.

What does a contracts specialist do?

A contract specialist is responsible for evaluating contract agreements between the business and its clients. Contract specialists write beneficial deals that would develop good, professional working partnerships. They negotiate terms with clients, analyzing bid offers, review legislation processes and regulations, provide immediate resolution for breach of contracts, manage procurement proposals, and communicate with potential and existing clients for any amendments and clarifications. A contract specialist must have excellent communication and negotiation skills and broad knowledge of legal terminologies and contract styles.

Contractor-paralegal vs contracts specialist salary

Contractor-paralegals and contracts specialists have different pay scales, as shown below.

Contractor-ParalegalContracts Specialist
Average salary$60,686$63,727
Salary rangeBetween $37,000 And $99,000Between $40,000 And $99,000
Highest paying CityCamarillo, CAWashington, DC
Highest paying stateCaliforniaDelaware
Best paying companySeaSpineGoogle
Best paying industryFinanceGovernment

Differences between contractor-paralegal and contracts specialist education

There are a few differences between a contractor-paralegal and a contracts specialist in terms of educational background:

Contractor-ParalegalContracts Specialist
Most common degreeBachelor's Degree, 53%Bachelor's Degree, 62%
Most common majorLegal Support ServicesBusiness
Most common collegeHarvard UniversityWestern Carolina University

Contractor-paralegal vs contracts specialist demographics

Here are the differences between contractor-paralegals' and contracts specialists' demographics:

Contractor-ParalegalContracts Specialist
Average age4644
Gender ratioMale, 26.8% Female, 73.2%Male, 40.2% Female, 59.8%
Race ratioBlack or African American, 9.5% Unknown, 4.9% Hispanic or Latino, 19.1% Asian, 5.8% White, 60.4% American Indian and Alaska Native, 0.4%Black or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4%
LGBT Percentage9%11%

Differences between contractor-paralegal and contracts specialist duties and responsibilities

Contractor-paralegal example responsibilities.

  • Manage client expenses and prepare billing and financial statements using PClaw and reconcile attorney's escrow and general accounts using QuickBooks.
  • Assist staff counsels in all aspects of litigation management including factual investigation, document preparation, trial preparation and support.
  • Research using Lexis Nexis and online resources.
  • Summarize medical records, check blue-book cites, retrieve statutory and case law on LEXIS ,
  • Complete contract work for local attorneys in the areas of civil, family law, personal injury, and probate matters.
  • Prepare, compile and distribute various PowerPoint presentations.
  • Show more

Contracts specialist example responsibilities.

  • Manage multiple task orders in an IDIQ environment.
  • Provide clarity on medical and drug cover benefits for a Medicare advantage insurance plan.
  • Manage inventory and distribution activities of the third-party logistics provider.
  • Develop marketing strategies to expand Medicaid manage care provider network and enrollment.
  • Manage the influenza vaccine annual contracting and RFP process for a national specialty pharmaceutical distributor.
  • Process purchase orders and subcontracts, including managing insurance requirement compliance and certify payroll documentation.
  • Show more

Contractor-paralegal vs contracts specialist skills

Common contractor-paralegal skills
  • Litigation, 12%
  • Legal Research, 9%
  • Discovery Responses, 7%
  • PowerPoint, 7%
  • In-House Counsel, 5%
  • Contract Database, 5%
Common contracts specialist skills
  • Veterans, 7%
  • DOD, 7%
  • Contract Administration, 6%
  • Contract Terms, 5%
  • Contract Management, 5%
  • Market Research, 5%