Team Member - Legal
Division
Legal
Department
India Business & CHL Legal
Sub Department 1
Job Purpose
Execute legal operations and provide assistance and support to the respective Team Leads, independently handle and end to end manage finalization of basic commercial agreements and legal documents. Undertake legal research and assist the respective Team Leads in projects
Key Accountabilities (1/6)
Drafting, negotiation and finalisation of Commercial Agreements/Legal Documents such as Confidentiality Agreement, Leave and License agreements, Service Agreements, Letter of Authority/Letter of Undertaking etc. within timelines.
- Drafting of the confidentiality agreements, Leave and License agreements, service agreements, employment agreements and other legal documentations in consultation with the business teams within timelines.
- Negotiation and finalisation of such commercial agreements with internal stakeholders (business teams) and external stakeholders (counter party/lawyers).
- Coordination with business teams for efficient and timely execution of the commercial agreements
Key Accountabilities (2/6)
Provide adequate support to the respective Team Leads and Businesses for structuring and preparing documentation for commercial deals such as out-licensing, in-licensing, supply-distribution arrangement and ensure adherence to specific state/country laws and regulations
- Assist Reporting Manager in drafting of the deal documents such as in-licensing agreements, supply and distribution agreements and coordinate with internal stakeholders for necessary approvals and comments to ensure that the business practices and procedures being followed are in line with applicable laws & legislation.
- Assist Reporting Manager regarding legal and commercial risks associated with deals and their potential impact on business and suggest appropriate mitigating measures.
Key Accountabilities (3/6)
Provide adequate support to the respective Reporting Manager in day-to-day advisory/opinions to the businesses.
- Coordinate with the business team to obtain relevant information, collation of documents and preparation of list of events etc.
- Prepare accurate interpretation of contract documents and provide observations to the Reporting Manager
- Assist the Reporting Manager in preparing justifications to inquiries regarding existing contract obligations and revisions, identify risks and issues, and suggest alternatives for it.
Key Accountabilities (4/6)
Undertake various ad-hoc projects assigned by the Team Leads from time to time
- Assist in preparing brief/project deck/reports after examination of the documents collated and provided by the internal and external stakeholders.
- Research and prepare notes on the applicable laws and regulatory landscape for the identified territories and keep abreast herself/himself about the legislative changes in pharmaceutical industry in those territories.
- Coordinate with the internal stakeholders and external stakeholders. Prepare update deck for the team.
- Update and maintain data relating to contracts management, litigation management and notice management in the respective digital platforms.
Major Challenges
- Volume of assignments i.e., basic commercial agreements and critical commercial agreements and opinions/dispute resolution. Independent handling of basic commercial agreements end to end and support to Reporting Manager is required for timely handling of volume of assignments.
Key Interactions (1/2)
- Business and Functional team members to understand business/functional requirement in drafting, collation of documents/information and updating them (regularly).
Key Interactions (2/2)
- Counter Parties to negotiate and finalisation of the agreements
- External Counsels/Law Firms to share briefs and seek opinion on case-to-case basis.
Dimensions (1/2)
- Quality of output
- Turnaround time
- Value addition in commercial contracts and litigation etc.
- Reducing dependency
- In-house drafting
- Cost effectiveness
Key Decisions (1/2)
End to end management of basic contracts and legal documentation
Value addition in critical commercial agreements
Strong support in project and litigation management
Education Qualification
LLB
Relevant Work Experience
2 to 6 years of total legal experience