Legal Counsel

AngelList

• $225K — $270K *
Legal & Accounting
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of corporate transactional experience
  • Proficiency in commercial contract reviews
  • Comfortable with AI tools in legal work
  • Ability to handle ambiguity and reactive responsibilities
  • Knowledge or ability to quickly learn fund and regulatory frameworks
  • Desire for hands-on execution of legal matters

Responsibilities

  • Own procurement and commercial contract reviews with a focus on data rights for AI models.
  • Assess fund and investment matters, addressing disputes and developing legal risk positions.
  • Research and provide guidance on the Securities Act and related regulations affecting funds.
  • Utilize AI-assisted workflows for research and drafting, ensuring output accuracy.
  • Identify patterns in legal work to create reusable guidance and templates.
  • Support complex fund structures and strategic customer arrangements within legal frameworks.

Benefits

  • Support for both personal and professional life
  • Opportunity to work in collaborative team environments
  • Access to a host of growth and learning resources
  • Equity options as part of compensation package
  • Flexible work arrangements with office presence required on select days
Full Job Description
About the Role

AngelList is hiring a Legal Counsel to own ordinary-course corporate work and help resolve the legal questions that arise across our Funds business. You'll handle commercial contract reviews, board consents, and equity grants while joining the legal team's reactive rotation - spanning investor consents, side letters, portfolio-company issues, secondary transactions, and regulatory questions. This role combines recurring corporate responsibilities with matters that require a fresh assessment of the facts and a clear position on risk.

This is a hands-on role. You'll work closely with teams across AngelList including Product, Engineering, Fund Operations, Finance, Tax, Compliance, and Customer Success;, both to resolve individual matters and improve the systems and processes that created them. You should enjoy both resolving today's challenges and making tomorrow's easier to handle.

Responsibilities

  • Own procurement and commercial contract reviews, including terms governing data rights, retention, and the use of data to train AI models.
  • Assess fact-specific fund and investment matters, including fee disputes, carry transfers, distribution or secondary-related issues, side letters, and other non-standard fund operation issues and develop a clear position on legal risk.
  • Research and advise on questions arising under the Securities Act, Investment Company Act, Investment Advisers Act, and related rules applicable to AngelList's funds and products.
  • Use AI-assisted research and drafting workflows, reviewing and verifying proposed responses rather than relying on their output unchecked.
  • Identify recurring patterns in corporate and reactive legal work and help turn them into reusable guidance, templates, and AI-assisted workflows.
  • Support bespoke fund structures and strategic customer arrangements and determining whether requested terms can be supported within AngelList's legal and operational framework.


What we're looking for

  • Corporate transactional capability. You can take ownership of commercial contract reviews and ordinary-course corporate matters.
  • An AI-forward approach to legal work. You are comfortable using AI tools, checking their output, and distinguishing work that can be automated from decisions that require a lawyer.
  • Comfort with ambiguity and reactive work. You can take ownership when the facts are incomplete, the issue is time-sensitive, or there is no existing playbook, and you know when to make a judgment call versus escalate.
  • A practical, cross-functional approach. You can collaborate with internal teams to develop solutions that appropriately balance legal risk and business realities.
  • Fund and regulatory fluency (or the ability to develop it quickly). You are comfortable working with fund governing documents, investor arrangements, and securities and investment-management concepts. You do not need to have encountered every issue before, but you should be able to get up the curve quickly.
  • An appetite for hands-on execution. You want to handle recurring corporate work and a steady flow of time-sensitive legal matters-not only novel transactions or strategic initiatives.


Working Here

If you don't meet every requirement above, we still encourage you to apply. We value complementary strengths and operators who learn by doing.

We operate out of hubs in New York City and San Francisco. For most roles on those teams, we work from the office at least two days per week (Tuesdays and either Wednesday or Thursday).

Compensation:
The compensation for this role consists of a competitive base salary, benefits, and equity package. The base salary for this role is $225,000+ annually but actual will vary based on a number of factors including a candidate's professional background, experience, and location. Full details about our Total Rewards package will be provided during the recruitment process.

Benefits:
We support your life both in and outside of work.
Explore our benefits
Learn about Funders & Founders

What Guides Us:
At AngelList, we are united in our purpose to accelerate innovation and build the future of private markets. Our beliefs and values shape what we work on and how we create impact. If the below resonate, we'd love to have you with us.
Our beliefs
Our values & leadership expectations

Similar Jobs

More Jobs at AngelList

More Legal & Accounting Jobs

Find similar Legal Counsel jobs: