McLeish is currently negotiating an improved contract as a reward for steering Blues to a top-10 finish in the Barclays Premier League last season.
However, even if those talks stall, the Blues' boss has long-term security as he approaches his fourth campaign at St Andrew's.
McLeish said: "The contract situation is ongoing. That probably sums it up. I'm fine. I am relaxed about it. I'm not panicking and don't think anyone should get too worked up about it.
"I'm relaxed about the way things are going and my lawyer is speaking to the board and will continue to speak to the board."
McLeish added: "I've not given myself a time-line. I've got a secure contract anyway. It expires next season and then goes into a rolling contract so there is still scope for me anyway.
"But at the same time it would be nice to move things along a little bit and get things out of the road.
"The one thing I'd rather be talking about is football, our opposition, rather than contracts."
Source: PA
Source: PA