Bloomberg

Commercial Counsel

Bloomberg$110K — $130K *
US-AnywhereRemote in United States
Legal & Accounting
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Juris Doctor degree or international equivalent required.
  • 4+ years of corporate transactional or contract negotiation experience, preferably in technology.
  • Bar admission in at least one state or equivalent jurisdiction required.
  • Experience with technology contracts, including software licensing and telecom agreements.
  • Strong negotiation and analytical skills with a practical approach to legal issues.

Responsibilities

  • Draft and negotiate a variety of transactional agreements to meet business needs.
  • Manage contract documentation and approval processes for consistency.
  • Assist in resolving contract disputes through research and drafting solutions.
  • Respond to legal inquiries related to contracts and regulatory issues.
  • Provide counsel aligned with business objectives while managing legal risks.
  • Maintain and update standard contract templates.
  • Stay current on legal trends and best practices in commercial contracts.

Benefits

  • Fully remote work environment.
  • Regular working hours from Monday to Friday, 8 AM to 5 PM.
  • Opportunity to engage with a diverse range of technology agreements.
  • Supportive of professional development and staying current in the field.
  • Collaborative work culture that values input from all team members.
Full Job Description
100% Remote

Commercial Counsel

Provide legal advice, guidance and expertise on routine transactional agreements, legal matters and makes decisions that could have substantial impact on the Company's revenue/risk.

Job Summary
The Commercial Counsel is responsible for the preparation of Request for Proposal responses, the negotiation, interpretation and/or administration of contracts, subcontracts and licensing agreements; prepares contracts for review and ensures compliance with company policy as well as applicable laws/regulations. A key responsibility of the position will be to drive and implement robust risk management. This role develops negotiation strategies with internal business partners, evaluates risk exposure, and makes recommendations to business partners or legal counsel.

Basic Requirements
Requires a Juris Doctor Degree or international equivalent and 4+ years of experience in corporate transactional, contracts negotiation and/or commercial transaction experience preferably with background in technology matters, including software licensing, subscription and hosted environments, telecom, government contracts and/or intellectual property. Admission to the Bar of at least one state is required or admitted to practice in at least one jurisdiction if international equivalent.

Job Responsibilities
Draft, review, edit, finalize and negotiate routine transactional agreements to meet business and legal requirements. Agreements include sales/supply and reseller/distribution agreements; end user license agreements, professional services agreements, hosting agreements, Software as a Service (SaaS) and subscription agreements, and statements of work (SOWs). May work on the following types of agreements: telecom agreements, maintenance agreements, consulting and advisory agreements, outsourcing, and other technology agreements.
Manage contract documentation/approval flows to ensure consistency with internal processes.
Assist with contract disputes, including understanding the issues, researching and providing guidance on solutions, drafting settlement agreements.
Research and respond to general legal inquiries from the business that may relate to contract disputes, regulatory issues and new business initiatives.
Provide counsel and guidance for the accomplishment of overall business objectives of the Company, while fully complying with applicable laws and regulations and avoiding unacceptable risks; perform informed cost-benefit analysis when identifying risks. This includes supporting the business and product development processes by providing key inputs and advice on legal risks and issues, prioritizing risks and ensuring compliance with government and customer-imposed requirements.
Maintain, revise and/or update contract templates.
Proactively develop and maintain technical knowledge in specialized area(s), remaining up-to-date on current trends and best practices.
Works under general supervision of manager.
Exercises reasonable judgment to determine when to escalate complex matters or decisions to manager.

Skills/Qualifications
Experience reviewing and responding to government (state and local) Requests for Proposals (RFPs).
Experience providing legal support on direct sales opportunities.
Experience negotiating sales agreements for technology products and services.
Experience working with legal policies and procedures and demonstrated ability to identify potential legal issues.
Some experience approaching legal matters with a sense of pragmatism and flexibility to recommend solutions that enable our company's success while protecting its legacy and future.
Strong negotiation, consultation, and analytical skills.
Excellent problem-solving skills, sound judgment and decision making skills.
Strong interpersonal, presentation and communication skills (including written and verbal).
Ability to participate and collaborate in meetings with customers, vendors, attorneys, management, and other third parties with regard to negotiation of agreements and general problem solving.
Business acumen, with ability to understand the company's business objectives and anticipate the legal issues that could arise.
Well organized, detail oriented and adept in a fast paced environment.
Required to work with the highest level of ethics and discretion.
Drive results and execution: Identifies issues and raises them so that appropriate actions can be taken to resolve problems or improve the client experience.
Think strategically: Aligns own work with broader business strategies and goals; Stays aware of the business implications of market and industry trends.
Collaborates: Ensures understanding of how own role fits into the bigger picture, and works with others to advance individual and team goals; seeks information and other points of view, respectfully listens and considers them, even if they are different from one's own; and quickly responds to needs and promotes ideas with energy, urgency and personal commitment.

Required Experience Level: Mid-level to Senior-level

Notes:
100% Remote
Work Schedule: Mon- Fri 8 to 5 pm

About Bloomberg

Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch. Bloomberg L.P. provides financial software tools and enterprise applications such as analytics and equity trading platform, data services, and news to financial companies and organizations through the Bloomberg Terminal (via its Bloomberg Professional Service), its core revenue-generating product. Bloomberg L.P. also includes a wire service (Bloomberg News), a global television network (Bloomberg Television), digital websites, a radio station (WBBR), subscription-only newsletters, and three magazines: Bloomberg Businessweek, Bloomberg Markets, and Bloomberg Pursuits.
Learn more about Bloomberg
Size
20,000 employees
Industry
Founded
1981

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