Associate General Counsel, Transactions
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North Chicago, IL
- Corporate
- Legal
- Full-time
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AbbVie's mission is to discover and deliver innovative medicines and solutions that solve serious health issues today and address the medical challenges of tomorrow. We strive to have a remarkable impact on people's lives across several key therapeutic areas – immunology, oncology, neuroscience, and eye care – and products and services in our Allergan Aesthetics portfolio. For more information about AbbVie, please visit us at www.abbvie.com. Follow @abbvie on Twitter, Facebook, Instagram, YouTube and LinkedIn.
The Associate General Counsel, Transactions, will be an integral part of a team of attorneys advising AbbVie’s Business Development and Acquisitions team, along with other key corporate functions.
Among other responsibilities, the attorney will draft and negotiate key transaction agreements, including mergers, acquisitions, licenses and collaborations, options to license and acquire, and venture investment documentation, provide clear legal advice on these matters, and anticipate and address issues promptly with a cross-functional client base.
Responsibilities:
The Associate General Counsel, Transactions, will be responsible for identifying and resolving highly complex legal issues and drafting and negotiating highly complex corporate transactions. The attorney should:
- Have extensive experience with managing M&A and pharmaceutical licensing and collaboration/joint venture transactions.
- Keep abreast of changes in laws that affect pharmaceutical licensing, and M&A transactions, including antitrust/competition, and other corporate and IP matters.
- Be capable of regularly negotiating highly individualized and sophisticated agreements independently with third parties on matters of strategic importance that affect a substantial portion of AbbVie’s business or are areas of significant importance to management.
- Be capable of regularly engaging in due diligence and independently interpreting complex existing agreements and advising on complex situations that may arise related to transactions.
- Select and direct the work of outside counsel, including defining project objectives and managing projects.
- Maintain and assure compliance with applicable corporate and divisional policies and procedures.
Additional Responsibilities:
- Analyze and clearly communicate legal advice designed to maximize outcomes for patients and for AbbVie on complex, strategic agreements related to pharmaceutical licenses and collaborations and other strategic alliances, and related venture investments.
- Assess and counsel on antitrust and competition risks and considerations, and competition filings, with respect to transactions in multiple jurisdictions.
- Provide clear advice to clients, including management, ensuring that advice maximizes the potential of our pipeline.
- Use good judgment in determining whether and when to elevate issues to senior attorneys and senior management.
- Assist senior legal staff on matters of significant importance to AbbVie that affect a substantial portion of AbbVie's business.
- Serve as recognized source, for both management and other attorneys, of innovative ideas in complex areas of law, business, or technology.
- Provide legal guidance, supervision, and support to paralegals and legal support staff.
Significant Work Activities -Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day)
Qualifications
Education Requirements:
- Must possess a J.D. degree.
- Must meet the professional licensing requirement of the state in which they practice within a two-year time-period.
Basic Qualifications:
- Excellent legal analysis skills and crisp, concise communicator.
- Honed judgment and ability to identify and quickly address critical issues.
- Strong negotiating skills, and an ability to independently manage complex transactions.
- Ability to use legal training to maximize business opportunities.
- Strong sense of urgency and drive for successful business outcome in all activities.
- 15+ years of relevant transactional and/or industry experience.
- Experience in advising on ongoing complex contractual relationships, such as development collaborations.
Preferred Qualifications:
- Experience with drafting and negotiating complex pharmaceutical licensing and collaboration transactions.
- Experience in providing legal advice for pharmaceutical research and development.
Applicable only to applicants applying to a position in any location with pay disclosure requirements under state or local law:
- The compensation range described below is the range of possible base pay compensation that the Company believes in good faith it will pay for this role at the time of this posting based on the job grade for this position. Individual compensation paid within this range will depend on many factors including geographic location, and we may ultimately pay more or less than the posted range. This range may be modified in the future.
- We offer a comprehensive package of benefits including paid time off (vacation, holidays, sick), medical/dental/vision insurance and 401(k) to eligible employees.
- This job is eligible to participate in our short-term incentive programs.
- This job is eligible to participate in our long-term incentive programs.
Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, incentive, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole and absolute discretion unless and until paid and may be modified at the Company’s sole and absolute discretion, consistent with applicable law.
AbbVie is committed to operating with integrity, driving innovation, transforming lives, serving our community and embracing diversity and inclusion. It is AbbVie’s policy to employ qualified persons of the greatest ability without discrimination against any employee or applicant for employment because of race, color, religion, national origin, age, sex (including pregnancy), physical or mental disability, medical condition, genetic information, gender identity or expression, sexual orientation, marital status, status as a protected veteran, or any other legally protected group status.
- Yes, 10% of the Time