Associate General Counsel - Corporate

In 2012, Lambda started with a crew of AI engineers publishing research at top machine-learning conferences. We began as an AI company built by AI engineers. That hasn't changed. Today, we're on a mission to be the world's top AI computing platform. We equip engineers with the tools to deploy AI that is fast, secure, affordable, and built to scale. Whether they need powerhouse GPU hardware on-site or the flexibility of cloud-based solutions, we've got the horsepower to make it happen. Lambda’s AI Cloud has been adopted by the world’s leading companies and research institutions including Anyscale, Rakuten, The AI Institute, and multiple enterprises with over a trillion dollars of market capitalization. Our goal is to make computation as effortless and ubiquitous as electricity.

*Note: This position requires presence in our San Francisco office location 4 days per week; Lambda’s designated work from home day is currently Tuesday.

As Associate General Counsel - Corporate, you will engage directly with leaders across the company to understand company priorities and goals, trends in our business, and other issues facing our employees and business. We are seeking a senior attorney to be a key member of the Lambda legal team and perform a broad range of legal work with a focus on supporting and overseeing a variety of corporate governance, securities and transactional matters, with a potential focus on preparing for and executing a public offering. This position will work closely with the Finance department on venture financings, debt, corporate governance (including international subsidiaries), and other general corporate matters. 

What You’ll Do 

• Corporate Transactions: Provide counseling, support, and organization to enable key business initiatives like fundraising, debt financing, M&A, and strategic investments. 

• Corporate Governance: Assist in a range of corporate governance matters, including preparing board and committee meeting materials, resolutions, minutes, and written consents, maintaining applicable entity registrations and filings through our secretarial services provider.

• Securities Compliance: Assist with securities law compliance, including the preparation of periodic, current and other relevant reports, filings and statements.

• Subsidiaries: Assist in the formation and dissolution of entities, including international entities, and support changes in entity structure.  

• Equity Management: Continue building Lambda’s equity administration program, advising as we consider potential transitions between stock compensation options. 

• People: Partner with the People teams to support various initiatives to support Lambda’s Culture. Projects may include advising on employee and management handbooks, and developing and delivering training for employees on various legal adjacent topics. 

• Research and Process Improvement: Stay up to date on legal and regulatory requirements relating to the industry and help to formulate responsive company positions and strategies. Leverage technology wherever possible to automate, streamline and otherwise drive process improvements.

• As Needed: We are a relatively small legal team and we often need to pitch in on other areas of legal work - employment, IP, policy development, and contract review. We’re looking for someone eager to explore areas outside of their specialty occasionally. 

You 

• Have admission to and are in good standing with the California bar (or equivalent with in house waiver/registration).

• Have 8+ years of relevant experience at an in-house legal department or law firm handling corporate legal matters

• Are a strong corporate generalist skill set with experience in governance, securities, strategic transactions, subsidiary management and equity administration

• Have the ability to negotiate and balance legal constraints with business goals

• Strong attention to detail with an ability to provide clear “non-legalese” explanations to members of other teams, including senior management

• Have a results-oriented attitude, excellent decision-making, and ability to prioritize the highest-impact initiatives

• Have the mentality that no task is too big or too small

• Have very strong interpersonal and communication skills, including the ability to communicate effectively with a wide variety of people, collaborate with diverse business groups, and build interdepartmental relationships at all levels.

Nice to Have

• In-house experience at a late stage private company

• Experience providing legal guidance on securities law and public company readiness, including preparations for potential IPO and related filings

Salary Range Information 

Based on market data and other factors, the annual salary range for this position is $209,000-$300,000. However, a salary higher or lower than this range may be appropriate for a candidate whose qualifications differ meaningfully from those listed in the job description.

About Lambda

• We offer generous cash & equity compensation

• Investors include Gradient Ventures, Google’s AI-focused venture fund

• We are experiencing extremely high demand for our systems, with quarter over quarter, year over year profitability

• Our research papers have been accepted into top machine learning and graphics conferences, including NeurIPS, ICCV, SIGGRAPH, and TOG

• We have a wildly talented team of 300, and growing fast

• Health, dental, and vision coverage for you and your dependents

• Commuter/Work from home stipends for select roles

• 401k Plan with 2% company match

• Flexible Paid Time Off Plan that we all actually use

A Final Note:

You do not need to match all of the listed expectations to apply for this position. We are committed to building a team with a variety of backgrounds, experiences, and skills.

Equal Opportunity Employer

Lambda is an Equal Opportunity employer. Applicants are considered without regard to race, color, religion, creed, national origin, age, sex, gender, marital status, sexual orientation and identity, genetic information, veteran status, citizenship, or any other factors prohibited by local, state, or federal law.