Commercial Counsel Fellowship

Posted 9hrs ago

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Job Description

Commercial Counsel Fellow negotiating SaaS, partnership, vendor, and data agreements for Runway’s generative AI platform. Building in-house legal processes while researching emerging AI law.

Responsibilities:

  • Draft, review, and negotiate commercial agreements, including B2B SaaS customer contracts, DPAs, partnership agreements, and vendor agreements
  • Take on increasingly complex deals as experience develops
  • Partner with the sales team to provide fast, practical answers that help close deals
  • Scale and automate commercial processes and tools, including templates, playbooks, contract review automation, and the legal tech stack
  • Learn the technical aspects of generative AI products
  • Research and track technical, legal, and policy developments in generative AI and share relevant developments with the team
  • Contribute to broader legal team projects involving privacy, IP, product counseling, or compliance
  • Work alongside the Commercial Counsel team on live deals with training and mentorship

Requirements:

  • A J.D. plus admission in good standing with at least one state bar, or sitting for the bar before the fellowship starts
  • 0–3 years of legal experience
  • Strong academic record
  • Excellent legal writing and analytical skills
  • Bias for action and willingness to take ownership
  • Growth mindset and eagerness to learn quickly, take feedback, and improve how things get done
  • Clear, practical communication with non-lawyers
  • Operational mindset
  • Excitement about generative AI and motivation to continuously learn about the legal landscape governing the industry
  • Comfort working in a highly technical, rapidly evolving area of law
  • Exposure to technology transactions, SaaS agreements, IP, or data privacy is nice to have
  • Experience using AI tools in legal work is nice to have
  • Familiarity with how AI or software products are built is nice to have
  • Candidates must be located in the US and currently authorized to work in the US

Benefits:

  • Hands-on training in commercial contracting and in-house practice, with real ownership from early on
  • Mentorship from experienced in-house lawyers, with regular feedback on your work
  • Exposure to cross-functional teams across sales, partnerships, product, and marketing, and to the Runway Executive Team
  • Potential to convert to a full-time role at the end of the fellowship
  • Equal opportunity to succeed
  • Future contact consent for job opportunities for up to 4 years