Senior Counsel for Commercial Partnerships
5 days ago
About Twelve Labs Inc.
We are a pioneering company in the field of multimodal foundation models, dedicated to developing cutting-edge technology that enables human-like video comprehension. Our innovative models have redefined video-language modeling standards, empowering us with intuitive and far-reaching capabilities that transform the way we interact with and analyze various forms of media.
Backed by top-tier venture capital firms and prominent AI visionaries, we have received $77 million in Seed and Series A funding. Headquartered in San Francisco, with an influential presence in Seoul, our global footprint underscores our commitment to driving worldwide innovation.
Our Culture
We value diversity and uniqueness, recognizing that differences in cultural, educational, and life experiences allow us to challenge the status quo. We are looking for motivated individuals who share our mission and are eager to make an impact as we revolutionize video understanding and multimodal AI.
The Role: Senior Counsel for Commercial Partnerships
This key leadership position involves overseeing all commercial legal matters, including drafting, reviewing, and negotiating agreements such as commercial, licensing, customer, employment, vendor, and partnership contracts. You will work closely with sales, finance, HR, and product teams to manage legal risks and ensure compliance with relevant regulations.
Key Responsibilities:
- Lead the drafting, review, and negotiation of high-impact customer, licensing, and partnership agreements, aligning them with business goals while mitigating risks.
- Develop and manage an efficient contract life cycle, balancing strategic objectives with effective risk management.
- Serve as a key advisor to Sales and Finance leadership, providing strategic guidance on complex commercial and financial operations.
- Obtain and maintain a comprehensive understanding of our products (current and emerging) and become a subject matter expert and advisor on relevant regulatory regimes.
- Oversee the development and execution of a comprehensive compliance strategy, ensuring alignment with industry standards and regulations, including AI, privacy, security, and frameworks such as SOC 2 and GDPR.
- Deliver training programs to internal stakeholders and establish policies and best practices for compliance.
- Partner closely with technical, product, internal, and commercial teams to proactively manage risks, identify legal issues, and drive decision-making.
- Provide strategic support during fundraising efforts, assist with due diligence, build data rooms, and ensure financing documents are accurate and complete.
Requirements:
- Juris Doctor (JD) degree from an accredited law school and admission to the bar.
- Minimum of 10 years of experience in commercial law, with a strong background in contracts, negotiations, and compliance.
- Proven track record of managing complex commercial transactions and providing strategic legal advice to senior leadership.
- Expertise in drafting, reviewing, and negotiating a wide range of commercial agreements, including vendor, customer, and partnership contracts.
- Strong understanding of regulatory requirements and the ability to ensure compliance with relevant laws and regulations.
- Excellent communication and interpersonal skills, with the ability to build relationships and influence stakeholders at all levels.
- Demonstrated ability to manage a team of legal professionals and collaborate effectively with other departments.
- Experience in handling mergers and acquisitions, including due diligence, transaction structuring, and integration.
- High ethical standards and a commitment to maintaining confidentiality and integrity in all legal matters.
Salary Estimate: $250,000 - $300,000 per year, based on location and experience.
Benefits:
- An open and inclusive culture and work environment.
- Work closely with a collaborative, mission-driven team on cutting-edge AI technology.
- Full health, dental, and vision benefits.
- Extremely flexible PTO and parental leave policy.
- Remote-flexible, offices in San Francisco and Seoul, and coworking stipend.
- VISA support (such as H1B and OPT transfer for US employees).
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