Commercial Counsel (In-house)

Manatt, Phelps & Phillips • Chicago, IL • 2h ago

This job was posted by https://illinoisjoblink.illinois.gov : For more information, please see: https://illinoisjoblink.illinois.gov/jobs/13317794

With 500+ professionals and 350+ business professionals, Manatt, Phelps & Phillips, LLP (www.manatt.com), is a multidisciplinary, integrated national professional services firm known for quality and an extraordinary commitment to clients. The Firms groundbreaking approachbringing together legal services, advocacy and business strategydifferentiates Manatt from its competitors and positions the Firm to provide a distinct and compelling value proposition.

Opportunity

Manatt, Phelps & Phillips, LLP is seeking a Commercial Contracts Counsel to join its Legal and Risk Management team, serving as counsel to the firm. This pivotal role is responsible for leading the firms third-party contract review process, overseeing contract workflow including drafting, editing, reviewing, and negotiating key contractual terms. The Commercial Contracts Counsel will draft and update policies and procedures governing the firms contract review, negotiation, and execution processes. Acting as a liaison between the Procurement and Operations teams, Legal and Risk Management, and the firms attorneys and professional staff, the council will facilitate vendor and service provider contract reviews. Contract @types handled include software/SAAS (including AI), cloud services, purchase agreements, subscription agreements, data protection agreements, as well as event, sponsorship, and site-related agreements. This role will not be a billing professional but will be a Business Professional role and sit within the Legal and Risk Management department.

Key Responsibilities

Draft, review, and negotiate a wide variety of vendor and service

provider contracts, including software/SaaS (including AI), cloud services, purchase agreements, subscription agreements, data protection agreements, and event, sponsorship, and site-related agreements.

Lead and collaborate throughout the contract review process,

analyzing significant business, financial, and legal risks and aligning contract terms with Firm policies and risk tolerance.

Develop, maintain, and implement contracting playbooks, templates,

and workflows to support efficient and consistent contract review processes.

Identify potential compliance vulnerabilities and risk areas;

develop and implement corrective action plans to resolve problematic issues.

Provide guidance to the Procurement team and work closely with the

General Counsels Office and Firm attorneys.

Develop and implement creative solutions and mitigation strategies

for key negotiation points.

Apply advanced knowledge of contract law, Firm policies, and

industry best practices to protect the Firms interests.

Track and incorporate Firm policy decisions and risk management

practices into contract terms.

Support the Firms cyber-security insurance program and related risk

management initiatives.

Assist with governance matters and legal and regulatory compliance

issues.

Participate in special projects and other responsibilities as

assigned.

Qualifications

Juris Doctor (JD) degree and active bar membership in good standing.

Minimum of five (5) years of experience drafting, reviewing, and negotiating commercial contracts in an in-house or law firm setting

Demonstrated expertise in software/SaaS agreements (including AI SaaS products), purchase agreements, subscription agreements, professional services agreements, and NDAs

Strong knowledge of legal concepts, processes, and industry practices applicable to commercial contracts

Strong Outlook, Excel and Word skills required

Effective and succinct oral communication and clear and concise written communication

Effective analytical, logical reasoning, and problem-solving abilities

Experience with legal ethics and privilege issues

Strong organizational skills and attention to detail

Ability to manage multiple priorities in a fast-paced environment

Possess exceptional judgement, professionalism and confidentiality

Ability to demonstrate strategic focus, define goals and follow through to achieve results

Possess reliability, dependability and motivation

Commitment to exceptional internal and external client service

Experience with privacy and data protection laws is a plus

Demonstrated reliability and the ability to work both independently and collaboratively within a hybrid (remote and in-office) team environment. The Firm operates on a hybrid work schedule requiring in-office presence Tuesday through Thursday, with optional remote work permitted on Mondays and Fridays. All employees must remain availa

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