Contract Management

Contract management is the practice of developing and negotiating legal agreements, as well as resolving contract disputes. Those who work in contract management usually receive an associate's, bachelor's, or master's degree in contract management, or in business with an emphasis on contract management. Contract management specialists may work for large corporations, government entities, labor unions, or non-profit organizations. According to a 2009 salary survey by the career search engine Indeed.com, the average annual pay for those employed in the field of contract management is $74,000.