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Abbott · 7 hours ago

Commercial Counsel

Lake Forest, IL

Full-time

Onsite

Mid, Senior Level

$127K/yr - $255K/yr

5+ years exp

Abbott is a global healthcare leader that helps people live more fully at all stages of life. The Commercial Counsel will act as a day-to-day legal advisor, providing legal advice on a wide variety of matters related to the operations of Abbott’s Core Diagnostics division.

BiotechnologyEmergency MedicineGeneticsHealth CareHealth DiagnosticsManufacturingMedicalMedical DeviceNutritionPharmaceutical

Responsibilities

Advising and ensuring that internal stakeholders receive sound, practical, and timely legal advice on a wide variety of legal matters related to operation of a commercial business that markets and sells to healthcare institutions, government entities, healthcare professionals and distributors

Drafting, negotiating, and reviewing a wide range of agreements, including complex matters relating to sales, distribution and marketing of assays, instruments and digital health products

Advising multidisciplinary teams on marketing strategies and approval of promotional materials

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, guidance documents, and training to support efficient contracting processes for various business functions

Maintaining familiarity with laws that affect the business and provide basic counseling on those laws, including those relevant to sales and marketing of products to healthcare professionals and reimbursement by government programs including, for example, laws related to fraud and abuse (Anti-Kickback Statute, False Claims Act), FDA regulation (Food, Drug & Cosmetic Act), privacy (HIPAA), anti-corruption (Foreign Corrupt Practices Act), intellectual property and regulations pertaining research and development

Representing Abbott externally to suppliers and customers

Supervising and directing outside counsel as needed

Working in close cooperation with compliance organization to coordinate and streamline efforts

Identifying training needs and assisting in development and presentation of training and education regarding legal requirements and developments

Developing a thorough understanding of and familiarity with Abbott’s businesses, its people, products, markets, facilities, customers, and competitors, and use this knowledge in providing guidance and counsel to the business team

Infrequent and minimal travel may be required (>10%)

Qualification

Corporate lawCommercial agreementsHealthcare industry experienceLegal expertiseNegotiation skillsInterpersonal skillsStrategic thinkingCommunication skillsOrganizational skills

Required

Juris Doctor degree from an accredited law school, demonstrate a strong academic background, and have, or be able to obtain, appropriate licensure to practice law in Illinois

5+ years of experience as a commercial attorney at a top law firm or in-house

Preferred

Healthcare industry or other relevant industry experience strongly preferred

Ability to handle multiple projects in fast-paced environment and exercise sound commercial and legal judgment

Ability to independently handle complex matters with minimal supervision and understand which issues to elevate to senior management and the appropriate timing for doing so

In addition to top-notch legal skills and a strong ethical center, excellent interpersonal, strategic thinking, communication and organizational skills

Benefits

Career development with an international company where you can grow the career you dream of.

Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year.

An excellent retirement savings plan with high employer contribution

Tuition reimbursement, the Freedom 2 Save student debt program and FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree.