Commercial Counsel Fellowship

This is a fully remote position, open to applicants in United States.

📋 Description

• Prepare, assess, and negotiate commercial agreements, such as B2B SaaS customer contracts, Data Processing Agreements (DPAs), partnership contracts, and vendor agreements.

• Progressively handle more complex deals as your expertise grows.

• Collaborate with the sales team to deliver prompt, practical solutions that facilitate deal closures.

• Enhance and automate commercial processes and tools, including templates, playbooks, contract review automation, and the legal technology stack.

• Acquire knowledge about the technical aspects of generative AI products.

• Investigate and monitor technical, legal, and policy advancements in generative AI, sharing pertinent updates with the team.

• Participate in broader legal team initiatives related to privacy, intellectual property, product counseling, or compliance.

• Collaborate with the Commercial Counsel team on active deals while receiving training and mentorship.

⛳️ Requirements

• A J.D. and admission in good standing with at least one state bar, or planning to take the bar exam before the fellowship commences.

• 0–3 years of legal experience.

• Strong academic credentials.

• Exceptional legal writing and analytical abilities.

• A proactive approach and readiness to assume responsibility.

• A growth mindset with a strong desire to learn rapidly, accept feedback, and refine processes.

• Ability to communicate effectively and practically with non-legal professionals.

• An operational mindset.

• Enthusiasm for generative AI and a commitment to continuous learning about the legal framework governing the industry.

• Comfort in navigating a highly technical and rapidly changing legal environment.

• Experience with technology transactions, SaaS agreements, intellectual property, or data privacy is beneficial.

• Familiarity with the use of AI tools in legal work is a plus.

• Understanding of how AI or software products are developed is an advantage.

• Candidates must reside in the US and be currently authorized to work in the US.

🏝️ Benefits

• Practical training in commercial contracting and in-house legal practice, with significant responsibility from the outset.

• Guidance from seasoned in-house attorneys, along with regular feedback on your performance.

• Interaction with cross-functional teams including sales, partnerships, product, and marketing, as well as the Runway Executive Team.

• Opportunity to transition to a full-time role at the conclusion of the fellowship.

• Equal opportunity for success.

• Consent for future contact regarding job opportunities for up to 4 years.