Senior Counsel, Strategic Sourcing
7 days ago
The Senior Legal Counsel, Commercial Transactions role serves as the primary legal partner to leaders of a division within a business unit, providing counsel on legal issues and risk mitigation guidance. This position reviews and negotiates commercial agreements with external parties on behalf of the business, protecting the business' interests and ensuring that contracts are compliant.
Responsibilities- Provides excellent client service, counsels assigned division leaders on a variety of legal questions and issues, such as contract compliance and confidentiality. Determines appropriate legal actions and projects associated costs for business leaders.
- Drafts initial format and terms for commercial agreements and delivers agreements to customers and vendors to initiate negotiations. Interfaces with Contract Administration teams in order to set-up contracts.
- Meets with external parties to negotiate terms of agreements and to achieve the most favorable terms for the business. Based on combination of legal considerations and business acumen, counsels business leaders on the acceptance or refusal of external party terms.
- Reviews all terms and revisions from external parties and manages the iterations of commercial agreement terms.
- Reviews a variety of marketing and public relations communications in order to ensure the compliance of all product information and messaging.
- In cases when the business' legal issues do not fall within the purview of commercial and transaction law, identifies and liaises with appropriate Legal and Compliance teams on behalf of the business to achieve a resolution.
- As a trusted partner to the business, proactively identifies legal risks and provides insights on how the business can incorporate risk mitigation into strategic planning.
- When the business engages in litigation, serves as a primary liaison and expert on the business in support of the Litigation team.
- Advises business unit leaders on terms, risks and due diligence during mergers and acquisitions activities.
- 8 years of experience, preferred
- Bachelor's degree and Juris Doctor degree required
- Experience working with pharmaceutical manufacturers preferred
- Applies advanced knowledge and understanding of concepts, principles, and technical capabilities to manage a wide variety of projects
- Participates in the development of policies and procedures to achieve specific goals
- Recommends new practices, processes, metrics, or models
- Works on or may lead complex projects of large scope
- Projects may have significant and long-term impact
- Provides solutions which may set precedent
- Independently determines method for completion of new projects
- Receives guidance on overall project objectives
- Acts as a mentor to less experienced colleagues
- Medical, dental and vision coverage
- Paid time off plan
- Health savings account (HSA)
- 401k savings plan
- Access to wages before pay day with myFlexPay
- Flexible spending accounts (FSAs)
- Short- and long-term disability coverage
- Work-Life resources
- Paid parental leave
- Healthy lifestyle programs
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