Head of Commercial Counsel
Twelve Labs
Legal
San Francisco, CA, USA
Posted on Sep 11, 2024
Who we are
At Twelve Labs, we are pioneering the development of cutting-edge multimodal foundation models that have the ability to comprehend videos just like humans do. Our models have redefined the standards in video-language modeling, empowering us with more intuitive and far-reaching capabilities, and fundamentally transforming the way we interact with and analyze various forms of media.
With a remarkable $77 million in Seed and Series A funding, our company is backed by top-tier venture capital firms such as NVIDIA’s NVentures, NEA, Radical Ventures, and Index Ventures, and prominent AI visionaries and founders such as Fei-Fei Li, Silvio Savarese, Alexandr Wang and more. Headquartered in San Francisco, with an influential APAC presence in Seoul, our global footprint underscores our commitment to driving worldwide innovation.
We are a global company that values the uniqueness of each person’s journey. It is the differences in our cultural, educational, and life experiences that allow us to constantly challenge the status quo. We are looking for individuals who are motivated by our mission and eager to make an impact as we push the bounds of technology to transform the world. Join us as we revolutionize video understanding and multimodal AI.
About the Role
The Head of Commercial Counsel will be a key member of our leadership team and will be responsible for overseeing all commercial legal matters. This role involves drafting, reviewing, and negotiating a wide range of agreements, including commercial, licensing, customer, employment, vendor, and partnership agreements. You will work closely with various teams from sales, finance, HR, and product to manage legal risks and ensure compliance with relevant regulations.
In this role you will
- Lead the drafting, review, and negotiation of high-impact customer, licensing, and partnership agreements, aligning them with overarching business goals while mitigating risks.
- Develop and manage an efficient contract life cycle to balance strategic business 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 the company’s 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.
You may be a good fit if you have
- 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.
Even if there are a few checkboxes that aren’t ticked through your prior experience, we still encourage you to apply! If you are a 0-to-1 achiever, a ferocious learner, and a kind and fun team player who motivates others, you will find a home at Twelve Labs.
We welcome applicants from all walks of life and are committed to equal-opportunity employment. We cherish and celebrate diversity not just because it is the right thing to do, but because it makes our company much stronger.
Benefits and Perks
🤝 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. Office closed the week of Christmas and New Years.
🏙 Remote-flexible, offices in San Francisco and Seoul and coworking stipend
🛂 VISA support (such as H1B and OPT transfer for US employees)
