Lambda

Corporate Counsel

Lambda$150K — $180K *
Legal & Accounting
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • JD from an accredited law school; California bar or in-house registration preferred.
  • 3+ years of law firm and/or in-house experience in corporate transactions and governance.
  • Strong background in equity administration and entity management.
  • Exceptional drafting and negotiation skills to balance legal risks with business goals.
  • Excellent communication skills for effective collaboration across all organizational levels.
  • Detail-oriented with a proactive approach to managing multiple priorities.

Responsibilities

  • Provide legal counsel for corporate transactions including fundraising, M&A, and strategic investments.
  • Manage and maintain equity documentation and cap table in Carta.
  • Prepare and manage corporate governance documents and entity maintenance tasks.
  • Assist with the formation and dissolution of subsidiaries for financing and development.
  • Collaborate with People teams on legal aspects of employee culture and training initiatives.
  • Monitor industry regulations and implement legal-tech solutions for efficiency.
  • Offer ad-hoc legal support for employment, IP, and finance-related matters.

Benefits

  • Health, dental, and vision coverage for employees and dependents.
  • Wellness and commuter stipends for select roles.
  • 401k Plan with a 2% company match for USA employees.
  • Generous flexible paid time off plan.
  • Cash and equity compensation.
Full Job Description
What You'll Do

As Corporate Counsel at Lambda, you will perform a broad range of legal work with a primary focus on supporting and overseeing a variety of corporate governance, equity administration, securities and transactional matters, with a potential focus on preparing for and executing a public offering. You will report to Lambda's Associate General Counsel, Corporate.
  • Corporate Transactions: Provide counseling, support, and organization to enable key business initiatives like equity fundraising rounds, debt financings, M&A and strategic investments.
  • Equity Management:
    • Maintain and update the cap table in Carta, draft equity grant approvals, field employee equity questions, update equity grant documentation, coordinate quarterly 409A valuations.
    • Manage an active secondary sale market from receipt of a transfer proposal through coordinating closing logistics and updating the cap table.
  • Corporate Governance:Prepare board and committee materials (resolutions, minutes, written consents) and manage entity maintenance tasks, including registrations and filings.
  • Subsidiaries: Assist in the formation and dissolution of entities to support Lambda's ever growing financing and development structures, including international entities, and support changes in entity structure.
  • People & Culture: Partner with the People teams to support various initiatives to support Lambda's culture. Projects may include advising on employee and management handbooks and developing and delivering training for employees on various legal adjacent topics (e.g. equity compensation).
  • Research and Process Improvement: Monitor evolving industry regulations and leverage legal-tech solutions to automate workflows, streamline contract review, and drive continuous process enhancements.
  • As-Needed Legal Support: Collaborate on employment, IP,debt financings,, equity administration support, and ad hoc projects as priorities shift.

You
  • JD from an accredited law school and admission to practice in at least one U.S. jurisdiction (California bar preferred or in-house registration).
  • 3+ years of combined law firm and/or in-house experience, with demonstrated strength supporting corporate transactions, governance and equity administration.
  • Solid corporate background covering governance, financings, and entity management.
  • Exceptional drafting and negotiation skills, with an ability to balance legal risk against business objectives.
  • Strong interpersonal and communication skills; adept at collaborating with stakeholders at all levels.
  • Proactive mindset, meticulous attention to detail, and ability to manage competing priorities in a fast-paced environment.

Nice to Have
  • Experience at a late-stage private or pre-IPO company.
  • Familiarity with public-company readiness, IPO processes, and 34 Act filings.
  • Experience negotiating procurement/commercial agreements.
  • Experience with debt financings.

Salary Range Information

The annual salary range for this position has been set based on market data and other factors. However, a salary higher or lower than this range may be appropriate for a candidate whose qualifications differ meaningfully from those listed in the job description.

About Lambda
  • Founded in 2012, with 500+ employees, and growing fast
  • Our investors notably include TWG Global, US Innovative Technology Fund (USIT), Andra Capital, SGW, Andrej Karpathy, ARK Invest, Fincadia Advisors, G Squared, In-Q-Tel (IQT), KHK & Partners, NVIDIA, Pegatron, Supermicro, Wistron, Wiwynn, Gradient Ventures, Mercato Partners, SVB, 1517, and Crescent Cove
  • We have research papers accepted at top machine learning and graphics conferences, including NeurIPS, ICCV, SIGGRAPH, and TOG
  • Our values are publicly available: https://lambda.ai/careers
  • We offer generous cash & equity compensation
  • Health, dental, and vision coverage for you and your dependents
  • Wellness and commuter stipends for select roles
  • 401k Plan with 2% company match (USA employees)
  • Flexible paid time off plan that we all actually use

About Lambda

Lambda is an online education company that offers courses in computer science and software engineering. The company was founded in 2017 by Austen Allred and Ben Nelson. Lambda's courses are designed to be accessible to anyone, regardless of their background or prior experience. The company's mission is to provide high-quality education that leads to well-paying jobs in the tech industry. Lambda has partnerships with a number of companies, including Amazon, Google, and Microsoft, and has helped thousands of students launch careers in tech.
Learn more about Lambda
Size
1,000 employees
Industry
Net Income
-$5 million
Founded
2017
5 Year Trend
+100%
Revenue
$100 million
NASDAQ

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