Time type: full time
Posted on: February 06, 2024
Job requisition id: R3085
What we need
We are seeking a Corporate Counsel to join our Legal team. As Corporate Counsel, you will provide legal advice and strategies on a broad range of issues to the organization. You will provide legal guidance to the staff and drive policy matters that affect the company, securities compliance, transaction support, license agreements, financing activities, and contract drafting, negotiation and management.
What we do
The Legal Organization is responsible for ensuring that Symbotic's operations are compliant with all relevant laws and regulations.
What you’ll do
Draft, review and negotiate a variety of contracts, including master services agreements, statements of work, commercial agreements, manufacturing and supply agreements, license agreements, technology agreements, material transfer agreements, and research and collaboration agreements
Provide support for corporate transactions, including securities offerings, financings, investments, licensing, acquisitions and divestitures and other strategic transactions, supporting internal teams and due diligence activities and working with outside counsel. Structure key business initiatives in a manner that helps to achieve business objectives while at the same time protects legal, finance, intellectual property, regulatory, and tax directives and considerations.
Support public company and other compliance efforts, including the development and ongoing review of policies and procedures and the implementation of training initiatives
Provide advice and counsel to leadership team on company’s compliance with applicable securities laws and NASDAQ rules and regulations, including filing all periodic SEC 1934 Act filings
Draft and/or review (in collaboration with cross-functional team, auditors and outside counsel, as appropriate) of SEC filings, including 10-K, 10-Qs, Proxy Statement, 8-Ks, Section 16 reporting (Forms 3, 4 and 5), and ensure compliance with SEC and NASDAQ rules and regulations
Support the General Counsel in maintaining and managing company’s corporate governance and corporate secretary matters relating to the company’s Board of Directors and related committees, including Sarbanes Oxley compliance, state and foreign registration filings, and other corporate books and records matters. May include support for drafting agendas, preparing or reviewing board mailing materials, and supporting the drafting or review of minutes and resolutions.
Handle open window trading preclearance process and collaborating with finance on stock ownership and retention requirement compliance. Independently and collaboratively draft communications and provide trainings for the company regarding insider trading laws and requirements. Support 10b-5 plan requirements.
Collaborate within Legal, Disclosure Committee and cross-functionally to advise on disclosure matters, including coordinating the review of earnings and other press releases, presentations, posters, manuscripts, significant internal communications and other announcements.
Advise and support other business areas with respect to intellectual property management, dispute resolution, and labor and employment matters.
Manage outside counsel on a periodic basis as needed.
Build and support the culture of the legal department as a valued business partner, by working collaboratively with key stakeholders (including senior management, internal clients, intellectual property, and Finance), gaining a deep understanding of the business and its needs, and implementing a pragmatic approach to contracting consistent with those needs
Advise internal clients on contract interpretation, obligations, risk exposure, dispute resolution, and other legal matters in a pragmatic way that results in actionable business advice.
Educate internal clients on key commercial, legal, corporate policy and other considerations to ensure timely performance and adherence to terms of contracts.
Monitor and keeping senior leadership apprised of corporate governance trends and developments.
Provide legal support for a diverse range of matters related to day-to-day operations of the company; collaborate cross-functionally with other departments, including Finance, HR, Operations and others on various projects, initiatives, and activities.
Up to 10% travel may be requested
What you’ll need
JD from an accredited law school
Minimum of 5 years of experience practicing corporate law
Early experience working on transactions and corporate matters with a large law firm is preferred as is prior in-house experience with a public company
Must be an active member of the Massachusetts bar (or other state bar, if intending to pass the Massachusetts bar) in good standing
Demonstrate comprehensive knowledge of the Securities Act of 1933, the Securities Exchange Act of 1934 and the rules and regulations of the SEC under those acts, and of the requirements of NASDAQ, as well as Sarbanes Oxley
Demonstrate financial literacy and comprehension and articulation of corporate finance disclosure issues, and comfort discussing financial statement concepts including accounting and tax
Have an understanding of the Delaware Corporation Law and be proficient in the principles and practice of major aspects of corporate law
Experience leading or working on corporate transactions, e.g., licensing, collaborations
Experience drafting and negotiating, standard agreements
Working knowledge of employment law, corporate governance, intellectual property licensing, insurance and patents and commercial litigation would also be helpful.
Ability to contribute to discussions of general business issues, to work well with a wide range of clients, from senior executives to operating personnel, and to work independently as well as to lead a project from conception to completion
Ability to analyze complex legal and regulatory material, communicate the implications in clear and simple language, and recommend appropriate courses of action
General understanding of legal technology commonly used to support a corporate governance and securities law practice, including familiarity with securities filing software, entity and document management, and research resources