Abbott Counsel, Corporate Legal-Global Procurement Technology Transactions in Abbott Park, Illinois
At Abbott, we're committed to helping people live their best possible life through the power of health. For more than 125 years, we've brought new products and technologies to the world -- in nutrition, diagnostics, medical devices and branded generic pharmaceuticals -- that create more possibilities for more people at all stages of life. Today, 99,000 of us are working to help people live not just longer, but better, in the more than 150 countries we serve.
Abbott is currently seeking a junior (3+ years) corporate/transactional attorney with large law firm experience to act as a member of the commercial legal team supporting vendor contract negotiations and drafting and vendor management for Abbott’s Global Procurement and IT functions. The primary scope of the role is for IT contracts, but the individual may be asked to assist with other vendor contracts for purchasing advertising/marketing; professional services/consulting; travel; facilities; construction; engineering; utilities; hedging; freight, distribution and logistics; packaging; and product components.
Counsel, Corporate Legal – Global Procurement Technology Transactions:
Is located at Abbott’s headquarters in Abbott Park, Illinois
Reports to Sr. Counsel within the Corporate Legal Department
Counsel will not have direct managerial responsibilities, but will coach and direct assigned support staff (administrative assistants, paralegals) in their responsibilities
The successful candidate must possess strong knowledge of corporate and commercial/transactional law, information technology, digital commerce and privacy law, and demonstrated expertise in drafting and negotiating complex commercial agreements and advising and counseling clients on a range of business transactions and operational matters. Experience with mergers & acquisitions and general corporate matters is preferred. Core job responsibilities include:
Drafting, negotiating and reviewing a wide range of vendor agreements, with a strong focus on IT agreements, including SaaS, software license and maintenance, consulting services, and hardware purchase/lease agreements;
Advising on IT contracting and associated legal issues related to licensing metrics, software audits, open source software, data privacy and security, and cloud computing;
Negotiating and advising on managed services/outsourcing agreements;
Advising and ensuring that internal clients receive sound, practical and timely legal advice on a wide variety of legal matters related to operation of a commercial business that markets to health care professionals, retailers and consumers;
Resolving legal issues using negotiation skills and legal expertise, including pre-litigation dispute resolution and settlements;
Assisting in the creation of new template agreements, playbooks and training to support efficient contracting processes for contracting and the Global Procurement and IT functions;
Conducting training to Global Procurement and Abbott Legal Division attorneys on key purchasing and IT contracting negotiation points and legal topics;
Developing knowledge of Abbott’s businesses, products and client areas supported;
Maintaining familiarity with laws that affect client areas to issue spot and provide basic counseling, including those relevant to sales and marketing of products to health care professionals and reimbursement by government programs areas, for example, fraud and abuse (Anti-Kickback Statute, False Claims Act), FDA regulation (Food, Drug & Cosmetic Act), privacy (HIPAA), and anti-corruption (Foreign Corrupt Practices Act);
Representing Abbott externally to suppliers and customers; and
Helping select and/or directing the work of outside counsel, defining project objectives, managing project, and monitoring outside counsel operates within budget.
Critical Success Factors
Good Judgment: The successful candidate will demonstrate expertise and sound judgment, understand how assigned responsibilities support Abbott’s business objectives, and be able to provide practical, risk-balanced advice based upon a thorough understanding of the scope of an issue, taking full advantage of internal networks and external intelligence.
Collaboration: The successful candidate will have a firm understanding of available legal, functional, and business resources and ability to integrate information from a number of sources to achieve business results, including breaking down boundaries to create alignment as necessary, in a complex, global, matrixed environment.
Anticipation: The successful candidate will be a holistic, big picture thinker, who anticipates changes in law, enforcement, and/or business objectives and adapts approach as necessary to manage risks effectively and mitigate issues before they arise.
Influencing Skills: The successful candidate will build strong relationships with business partners and stakeholders and leverage relationships to tactfully influence and gain their support to drive desired outcomes. They will represent Abbott externally to vendors, competitors and government bodies and trade associations, and will resolve legal issues using negotiation skills and legal expertise/engage in external influencing efforts.
Candidates must possess a Juris Doctor degree from an accredited law school, demonstrate a strong academic background, be admitted to a US state bar and in good standing, and have, or be able to obtain, licensure to practice law in Illinois.
Minimum of 3+ years of experience practicing corporate/commercial law in a large law firm, preferably focused on technology transactions.
In-house experience at major corporation, health care industry experience, and prior privacy or cybersecurity experience are a plus.
Demonstrated expertise in providing legal counsel on contract negotiation for procurement matters.
Must have ability to handle multiple projects in fast-paced environment and exercise sound commercial and legal judgment.
Must be able to independently handle complex matters with minimal supervision, and understand which issues to elevate to senior management and appropriate timing for doing so.
In addition to top-notch legal skills and a strong ethical center, must have excellent interpersonal, strategic thinking, communication and organizational skills.
At Abbott, we are committed to helping people live your best possible life through the power of health. For more than 130 years, we have brought new products and technologies to the world – in nutrition, diagnostics, medical devices and branded generic pharmaceuticals. These products create more possibilities for people at all stages of life. Today, 99,000 of us are working to help people live not just longer, but better in the more than 150 countries we serve.
Employer of Choice:
Through numerous local, national, and international accolades, Abbott is regarded as an employer of choice for our commitment to workplace excellence. Our employees are given the tools to succeed, lead and grow, with challenging opportunities and work that makes a difference. Through our diverse healthcare businesses, we connect people and potential in ways that no other company can. Discover a world of opportunities at Abbott.
Who We Are:
We are legal professionals and business partners, and we use our expertise and judgment to guide Abbott’s businesses through the challenges that come with operating in complex global environments.
What We Offer:
Abbott Legal provides meaningful and challenging work on a global scale. We are a dynamic organization and we develop our employees to meet the evolving needs of the company.
How We Work:
We are collaborative, curious, and pragmatic. We value diversity of background, experience, and thought in our teams. We are expected to be holistic thinkers who see the big picture, and make thoughtful, informed decisions.
An Equal Opportunity Employer
Abbot welcomes and encourages diversity in our workforce.
We provide reasonable accommodation to qualified individuals with disabilities.
To request accommodation, please call 224-667-4913 or email email@example.com