Commercial Counsel

Runway

$120K — $150K *
US-Anywhere
+ 2 other locationsRemote
Legal & Accounting
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • J.D. and admission in good standing with at least one state bar.
  • 6+ years negotiating complex commercial contracts, particularly in B2B SaaS.
  • Experience with strategic IP-heavy partnerships and B2C legal issues is a plus.
  • Strong business acumen and ownership mindset.
  • Demonstrated capability in improving business processes on a global scale.
  • Excitement and ongoing interest in generative AI legal developments.

Responsibilities

  • Lead negotiations for B2B SaaS customer contracts and strategic partnerships.
  • Implement processes and tools to scale the commercial legal function.
  • Equip the sales team with resources to expedite deal closures.
  • Understand the technical aspects of generative AI products for informed legal advice.
  • Monitor legal and policy advancements in the generative AI sector.
  • Manage outside counsel effectively when required.

Benefits

  • Flexible work arrangements available across multiple offices and remote.
  • Commitment to diversity and pay equity within the team.
  • Opportunities for professional development in a growing legal field.
Full Job Description
About the role

*Preference for NYC/Eastern Time Zone, but open to hiring in our SF and Seattle offices as well as remote across the US

Join the frontier of shaping generative AI video and its legal landscape as an early lawyer at Runway. We are looking to hire a Commercial Counsel who has a strong background in B2B SaaS customer negotiations and strategic IP-heavy partnerships. You are a self-starter who thrives at getting things done in fast-paced, unstructured environments. You have a passion for helping companies build and bringing scalable initiatives across our commercial and other legal workstreams.

While the role is in large part focused on the commercial legal function, you might also bring to the table generalist experience across domains such as data privacy, vendor negotiations, and compliance. You will serve as a strategic thought partner to cross-functional teams from sales to partnerships to marketing and to the Runway Executive Team. Comfort working within a highly technical, rapidly evolving area of the law is a must.

What you'll do
  • Lead negotiations with Runway's customers and strategic partners. These include B2B SaaS customer contracts for our generative AI SaaS platform and APIs, DPAs, partnership agreements, and vendor agreements.
  • Implement commercial processes, tools, and infrastructure to help us scale, including improving templates, playbooks, and our legal tech stack
  • Empower the sales team with tools and knowledge to close deals quickly
  • Dive into the technical aspects of our generative AI products to learn them inside and out, to inform your advice to the business
  • Closely follow technical, legal, and policy developments in the generative AI space
  • Manage outside counsel as appropriate


What you'll need
  • A J.D. and admission in good standing with at least one state bar
  • 6+ years of experience negotiating complex commercial contracts, including significant experience on a commercial legal team at a fast-paced late stage private or mid-sized public B2B SaaS company
  • In addition to B2B SaaS customer contract negotiations, experience with strategic IP-heavy partnerships and preferably B2C legal issues as well
  • Strong business acumen
  • The capacity to think big; a bias for action; and a willingness to take ownership
  • Growth mindset that prioritizes continuous operational improvement and service excellence
  • Experience with scaling business processes globally and operating in environments that have achieved significant scale
  • Excitement about generative AI and motivation to continuously learn more about the legal landscape governing a new and exciting industry
  • Nice to have: experience managing privacy programs relating to marketing, users, and enterprise customer/vendor agreements


Runway strives to recruit and retain exceptional talent from diverse backgrounds while ensuring pay equity for our team. Our salary ranges are based on competitive market rates for our size, stage and industry, and salary is just one part of the overall compensation package we provide.

There are many factors that go into salary determinations, including relevant experience, skill level and qualifications assessed during the interview process, and maintaining internal equity with peers on the team. The range shared below is a general expectation for the function as posted, but we are also open to considering candidates who may be more or less experienced than outlined in the job description. In this case, we will communicate any updates in the expected salary range.

Lastly, the provided range is the expected salary for candidates in the U.S. Outside of those regions, there may be a change in the range, which again, will be communicated to candidates.

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