• Job Description

  Req#: 2959

  COMPENSATION: $68,300 - $80,400 annually + bonus eligibility (if applicable). This is the expected salary range for this position. Ultimately, in determining pay, we'll consider the successful candidate’s location, experience, and other job-related factors.

  PURPOSE OF THE JOB: The Paralegal manages all legal aspects of the transfer pipeline and is the main point of contact for cross-functional partners regarding legal issues related to the same, ensuring corporate transactions are properly analyzed and resolving any issues.

  JOB RESPONSIBILITIES:

  Manages all legal aspects of the transfer, restructure, and estate pipelines

  • Partners with Finance, Development and Operations to fully vet proposed transfers between franchisees, ensure transfer requirements and brand standards are met at the entity and deal level;
  • First point of contact with franchisees/franchisee counsel to resolve issues, elevating to attorney at the appropriate time
  • Independently analyzes franchisee transactional documents, such as ownership records, Letters of Credit, Trust Agreements, Asset Purchase Agreements, formation documents, etc.;
  • Negotiates routine revisions with franchisees and their counsel in accordance with KFC’s policies, procedures and guidelines;
  • Drafts straightforward agreement modifications with minimal supervision, elevating to attorney when necessary
  • Coordinates review, analysis and drafting with outside counsel when needed
  • Drafts/administers agreements with related contract packages ensuring:
    • past due contract obligations are resolved with the appropriate functional team
    • accuracy of all contract information
    • adherence to shifting deadlines and priorities
    • franchisee and KFC obligations are properly captured
    • Brand policies are accurately applied (elevating to attorney where appropriate)
    • corresponding franchise fees are correctly calculated for invoicing.
  • Prepare franchise contract packages for restaurant divestitures; provide additional support to restaurant M&A process as requested by attorney
  • Drafts and negotiates standard, simple agreements (Non-Disclosure Agreements, Letters of Credit) with third parties with minimal supervision, elevating to internal or outside attorneys as needed
  • Prepares and distributes necessary reports, memos and correspondence to internal and external parties in an accurate and timely manner.

  Draft & Administrate Agreements ensuring:

  • past due contract obligations are resolved with the appropriate functional team
  • accuracy of all contract information
  • adherence to shifting deadlines and priorities
  • franchisee and KFC obligations are properly captured
  • Brand policies are accurately applied (elevating to attorney where appropriate)
  • corresponding franchise fees are correctly calculated for invoicing.

  Consult

  • Timely creates, maintains, and files electronic records pertaining to franchisees, restaurants, relationships, obligations and agreement data with accuracy and urgency.
  • Conducts legal research and analyzes legal issues as needed to complete projects and reports, answer questions and resolve discrepancies related to the franchise agreement.
  • Advises client groups on current processes, Brand standards, incentives, agreement provisions, and compliance with same;
  • Proactively identifies and suggests ideas for continuous improvement to cross-functional franchising processes.
  • Provides peer-to-peer instruction and guidance to other paralegals, improving their understanding of operating systems, contractual provisions, administration procedures, and client/franchisee interaction.

  WORKING RELATIONSHIPS:

  Franchisees, Attorneys and Accountants for Franchisees, as well as the following departments within KFC and Yum!: Legal, IT, Operations, Finance, Development, Yum! M&A, Yum! Accounting and Yum! Control, as well as Taco Bell and Pizza Hut Brand partners.

  KNOWLEDGE AND SKILL REQUIRED:

  • Education/Certifications – Associates Degree with focus on paralegal studies and/or Paralegal Certificate preferred
  • Experience & Skills
    • 2+ years of experience as a paralegal in a large law firm or fast-paced corporate environment required (corporate and contract experience a plus).
    • Experience with electronic signature programs (e.g., DocuSign), Excel mail merge, Smartsheet, and other data analysis tools preferred.
    • Understanding of commercial contracts, corporate entity formation and real estate a plus).
    • Ability to work independently and as part of a collaborative, high functioning team.
    • Successfully prioritize and multi-task in a fast-paced environment to meet deadlines and complete projects with accuracy and urgency.

• About the company

  KFC, a subsidiary of Yum! Brands, Inc., is a global chicken restaurant brand with a rich, decades-long history of success and innovation.

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