Commercial Counsel
1 month ago
We are Progress, a leading provider of innovative products and solutions for the IT industry. We are seeking a highly skilled Commercial Counsel to join our team and contribute to our success.
About the RoleThe Commercial Counsel will be responsible for leading a small team in managing the integration of acquired company contracts into our commercial contracting practices and procedures. This will involve collaborating with senior leaders, Corporate Development, and other teams across Progress, including Finance, Sales Management, Product Management, and Information Security, as well as colleagues in the Legal team.
Key Responsibilities- Develop and maintain M&A contract integration playbooks.
- Establish contract integration KPIs for each acquisition and measure team performance against those KPIs.
- Provide legal advice and guidance to internal stakeholders on contract integration and risk management.
- Identify and implement improvements and best practices to enhance the efficiency and effectiveness of the contract integration function.
- Collaborate with the team and other stakeholders to design and implement a sound and pragmatic approach for identifying, prioritizing, and addressing problematic contract terms in acquired company contracts.
- Oversee the design and implementation of contract templates for acquired company products and services to align with Progress' contracting practices.
- Lead the team in the performance of additional responsibilities, as required, in the area of pre-acquisition contract diligence.
We are looking for a highly skilled and experienced Commercial Counsel with a law degree from a reputable university and a minimum of 5 years of relevant experience as a commercial lawyer, preferably in the IT industry. In-house experience in a fast-paced, business-oriented environment is essential. We also consider candidates with fewer than 5 years of legal experience, provided they have a minimum of 2 years of in-house experience in the IT industry.
What We OfferAt Progress, we value our employees and offer a range of benefits, including:
- 30 days of earned leaves plus an extra day off for your birthday, various other leaves like Marriage leave, Casual leave, Maternity leave, Paternity Leave
- Premium Group medical Insurance for employee and 5 dependents, Personal accident insurance coverage, Life insurance coverage
- Professional development reimbursement
- Interest subsidy on loans - either vehicle or personal loans
We are committed to providing a great employee experience and offer a range of benefits to support your work-life balance, health and wellness, career growth, and financial success.
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