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Job details

Commercial Counsel

Modern Health is a mental health benefits platform seeking a Commercial Counsel to manage transactional work and contribute to various projects supporting diverse teams.

Skills

  • Commercial agreements
  • Negotiation
  • Legal analysis
  • Collaboration

Responsibilities

  • Lead negotiation and drafting of commercial agreements
  • Provide legal guidance to go-to-market and operational teams
  • Refine standard agreements
  • Develop initiatives to improve contracting processes

Education

  • Juris Doctor (JD)
  • California Bar admission or Registered In-House Counsel status

Benefits

  • Medical/Dental/Vision Insurance
  • Generous Time Off
  • 401k and Financial Planning Benefit
  • Wellness Stipend
To read the complete job description, please click on the ‘Apply’ button
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CEO of Modern Health
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Alyson Friedensohn
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Average salary estimate

$173710 / YEARLY (est.)
min
max
$140620K
$206800K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Commercial Counsel, Modern Health

At Modern Health, we are on the lookout for a skilled Commercial Counsel to join our remote team! As a leader in the mental health benefits space, we bring a unique platform to employers, providing employees access to innovative resources tailored for their emotional and professional well-being. In this role, you will handle a variety of transactional legal work, shaping agreements with customers and service partners that support our broad-ranging initiatives. With your expertise, you will navigate the complexities of commercial agreements to help our company scale efficiently. You will collaborate intimately with teams across sales, marketing, and engineering, ensuring everyone has the legal support they need to excel. Modern Health is all about accountability and empathy, so you'll find a supportive environment where your contributions are valued. Additionally, you’ll be involved in refining standard agreements and finding innovative solutions to improve our contracting processes using the latest technologies. Our culture thrives on communication, support, and a bias for action, making it an exciting and dynamic place to work. We require our team to have overlapping hours, particularly during Pacific Time working hours. If you possess strong negotiation skills with 5-8 years of legal experience, particularly in deal-making environments, you could be the perfect fit for us. Plus, working remote means you can enjoy a great work-life balance while contributing to a noble mission. If you share our ambition and commitment to mental health, we would love to hear from you!

Frequently Asked Questions (FAQs) for Commercial Counsel Role at Modern Health
What are the responsibilities of a Commercial Counsel at Modern Health?

As a Commercial Counsel at Modern Health, your key responsibilities include negotiating and drafting a variety of commercial agreements such as sales and vendor agreements. You’ll provide legal guidance to various teams, support cross-functional projects, and improve contracting processes. This role also involves assessing company risks associated with legal agreements to ensure the company’s interests are protected.

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What qualifications are required for the Commercial Counsel position at Modern Health?

For the Commercial Counsel role at Modern Health, candidates should have 5-8 years of combined law-firm and in-house experience. A valid California Bar admission or Registered In-House Counsel status is necessary. Candidates with experience in negotiating commercial agreements—including procurement deals and subscription services within regulated industries—will stand out. Strong communication skills and a proven ability to collaborate with cross-functional teams are also critical.

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How does Modern Health support professional development for its Commercial Counsel?

Modern Health is committed to the professional growth of its team members, including the Commercial Counsel. The company offers professional development stipends to support ongoing education and skill advancement. Additionally, you'll be part of a collaborative environment that encourages feedback and continuous improvement, making it a great place for honing your legal expertise.

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What is the work environment like for a Commercial Counsel at Modern Health?

The work environment for a Commercial Counsel at Modern Health is dynamic, remote, and supportive. With a culture focused on empathy and accountability, the team collaborates to achieve ambitious goals. You'll work closely with diverse teams across the organization, ensuring that legal support aligns with operational needs, all while enjoying the flexibility that remote work provides.

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What benefits can a Commercial Counsel expect at Modern Health?

A Commercial Counsel at Modern Health can expect an excellent benefits package, including medical, dental, and vision insurance, generous time-off, and wellness stipends. The company also provides financial wellness programs, professional development options, and additional assistance programs to support overall well-being, making Modern Health a rewarding place to work.

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Common Interview Questions for Commercial Counsel
Can you describe your experience with negotiating commercial agreements?

Be prepared to share specific examples of commercial agreements you've negotiated. Highlight the complexities involved, any challenges you faced, and the strategies you employed to reach favorable outcomes. Emphasize your communication skills and your ability to manage stakeholder expectations during the negotiation process.

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How do you assess risk when drafting legal documents?

Explain your approach to risk assessment, including how you identify potential legal perils and operational risks within agreements. Discuss any frameworks or tools you utilize to evaluate these risks and how you communicate them effectively to other teams, ensuring that the company is safeguarded while still pursuing its objectives.

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What technologies have you used to improve contracting processes?

Share your experience with tools like IronClad, DocuSign, and any AI technologies that you’ve implemented to enhance efficiency in contracting. Discuss any specific changes you drove that improved turnaround times or streamlined workflows, allowing you to handle a larger volume of agreements.

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How do you handle conflicts with cross-functional teams?

When answering this question, emphasize your collaborative approach and effective communication as key elements in resolving conflicts. Provide an example of a specific situation where you successfully navigated differing opinions and reached a consensus that aligned with the company’s goals.

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Can you provide an example of how you've streamlined legal processes in previous roles?

Discuss a specific process you improved, detailing the steps you took to identify inefficiencies, the modifications made, and the outcomes. Use metrics to illustrate how your changes led to time savings or increased legal throughput while ensuring compliance.

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What motivates you to work in commercial law, particularly in the mental health sector?

Express your passion for commercial law and why it's particularly relevant to Modern Health's mission. Discuss aspects such as the importance of mental health services, how legal work can contribute positively to the industry, and your drive to support innovative solutions that enhance emotional well-being.

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How would you describe your negotiation style?

Articulate your negotiation style clearly, whether it's collaborative, competitive, or a mix. Discuss how you assess the other party's needs while balancing your company's interests, and provide examples of successful negotiations in different contexts.

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What strategies do you employ to ensure compliance in commercial agreements?

Discuss the various strategies you use, such as regular audits of practices, training teams on legal compliance, and building access to legal resources. Illustrate how you embed compliance checks within the contracting process to avoid potential pitfalls.

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How do you maintain client relationships at various levels of seniority?

Explain your approach to client management, emphasizing the importance of clear, tailored communication. Provide examples of how you've built trust and rapport with clients while effectively relaying complex legal concepts in an accessible manner.

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What do you think is the biggest challenge facing commercial lawyers today?

Share your perspective on current challenges, such as keeping up with technological advancements, regulatory changes, or balancing operational speed with legal thoroughness. Suggest proactive approaches to tackle these challenges, demonstrating your adaptability in a fast-paced environment.

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At Modern Health, we have a vision for a world where mental health becomes a priority and strength for all. We want all people, even those not in crisis, to be able to prioritize their mental health on a daily basis so that they can unlock their f...

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FUNDING
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
SALARY RANGE
$140,620/yr - $206,800/yr
EMPLOYMENT TYPE
Full-time, remote
DATE POSTED
December 17, 2024

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