Senior Counsel, Commercial Transactions

Company: Relativity
Location: Chicago
Posted on: February 14, 2025

Job Description:

Posting TypeHybridJob OverviewThe Senior Counsel, Commercial Transactions works under the Director, Legal - Commercial Transactions. This role will support the Commercial Transactions and Procurement teams with the company's vendor transactions and other procurement activities. This role will also work closely with Procurement team to support purchasing and help with risk management of vendor contracting. Lastly the Senior Counsel will support the Legal Operations Manager with special projects, including process improvements for the procurement lifecycle. Support additional commercial transactions and the Legal - Commercial Transactions team.

This position is well-suited for a smart, detailed oriented, professional who enjoys working in a fast-paced environment, closing a high volume of transactions, interacting with a variety of stakeholders, and managing and providing input on processes that are efficient and scalable.Job Description and Requirements JOB RESPONSIBILITIES

• Act as legal support for vendor contracts by reviewing and negotiating vendor contracts and all accompanying contracts. Related tasks include communicating deadlines, requirements, and partnering to address issues with the procurement, risk management, security, IT and privacy teams; managing legal queue of contracts for review; managing stakeholder and vendor communications; engaging with internal and outside counsel on contract review. Transactions may include company event contracts, consulting and professional services agreements, inbound enterprise and SAAS software contracts, equipment and supply contracts and purchase orders.
  • Suggest, work on, and where opportunity arises, lead on improvements in processes, e.g. collaborating closely with Procurement to implement a Procure-to-contract tool, manage the Legal contract process in a CLM tool, updating or creating standard forms or variations, which may include creating efficiencies in contracting, working with other stakeholders, and creating documentation for processes.
    • Become a hero to our internal stakeholders, departments or groups by quickly reviewing or preparing a variety of agreements, and providing focused, value-adding, comments on key issues by quickly and accurately responding to/negotiating or generating a challenging volume and variety of contracts - ranging from straight-forward to complex. This important role keeps our business moving and our systems operating.
      • Be a key stop in our internal approval workflow system, prioritize contracts, and respond to questions.
        • Be a pinch hitter to help out as time permits and needs arise in supporting the Legal and Legal Operations teams with projects, which may include collaborating to support the needs of customers, creating efficiencies in contracting, process improvements, working with other stakeholders, organizing legal team folders and documentation, editing and negotiating customer agreements where time and opportunity allow, and creating new forms.
          • Potential future assignments could include compliance with various legal, regulatory and internal compliance matters.
            • Skilled knowledge working with DocuSign, MSFT Office, Salesforce, Contracts Management System (Ironclad).
            • MINIMUM QUALIFICATIONS
              • Legal degree (licensed attorney-at-law or admitted solicitor)
                • Strong organizational skills and attention to detail, flexibility, creativity, diligence, responsiveness, and strong communications skills.
                  • Reasonable exposure to computer and software technology concepts.
                    • Solid proficiency with MS Office, Salesforce, and DocuSign.
                    • Experience working with commercial sales and purchasing teams, procurement, negotiating terms, and assessing organizational risks and impacts
                    • Experience negotiating a variety of vendor agreements, including SaaS agreements, consulting and professional services, sponsorship agreements, general services contracts, on-prem software contracts, equipment and supply contracts, statements of work, and purchase orders.PREFERRED QUALIFICATIONS
                      • Eight years or more years of high-quality relevant experience as part of a legal team.
                      • Background in information technology, enterprise licensing structure and terms, or procuring information technology preferred.
                        • Familiarity with contract management for a large organization on the vendor/procurement side including contract management systems.
                          • Ability to research and analyze legal issues, and solid proficiency with MS Word.Relativity is committed to competitive, fair, and equitable compensation practices.This position is eligible for total compensation which includes a competitive base salary, an annual performance bonus, and long-term incentives. The expected salary range for this role is between following values:$183,000 and $275,000The final offered salary will be based on several factors, including but not limited to the candidate's depth of experience, skill set, qualifications, and internal pay equity. Hiring at the top end of the range would not be typical, to allow for future meaningful salary growth in this position.

Keywords: Relativity, Chicago , Senior Counsel, Commercial Transactions, Legal , Chicago, Illinois