Description:
The candidate will be responsible for managing, drafting, negotiating, and ensuring compliance with legal contracts related to licensing agreements. The role involves working closely with internal teams, including legal, finance, and business development, to manage payments and ensure all licensing terms are met. This position requires a solid background in contract law, intellectual property rights, and payment reconciliation
.
Key Responsibilitie
- s:
Legal Contract Management: Draft, review, and negotiate licensing agreements, ensuring compliance with applicable laws and company policies. Advise the business on the interpretation and enforcement of licensing contracts. Monitor the execution of contracts to ensure that all terms and conditions are adhered to by all parties involved. Revise and update contracts as needed, addressing any amendments, extensions, or renewals. Prepare regular reports on the status of licensing agreements, compliance, and payments for senior management. Keep close track of upcoming contract renewals and advise stakeholders according
- ly.Payment Oversight: Ensure that payments related to licensing agreements are processed in a timely and accurate manner. Reconcile payments against contract terms, ensuring compliance with the financial and legal aspects of the agreement. Collaborate with the finance department/IP Accountant to track licensing payments and resolve discrepancies as need
- ed.Legal Compliance & Risk Management: Monitor and enforce compliance with all applicable laws, regulations, and industry standards in relation to licensing contracts. Identify, assess, and mitigate risks associated with licensing agreements, including potential legal liabilities and financial impacts. Provide ongoing legal counsel to mitigate risks in contract terms and payment structur
- es.Dispute Resolution: Address disputes arising from licensing agreements and payments, collaborating with internal teams and external parties to find resolutions. Engage in negotiations and settlements to ensure favorable outcomes for the company. Represent the company in legal proceedings related to licensing agreements or payment issues, when necessa
- ry.Documentation & Reporting: Maintain comprehensive records of all legal contracts, amendments, and associated paymen
- ts.Collaboration: Work closely with cross-functional teams, including finance, business development, and legal departments, to ensure the smooth execution of licensing contracts and payments. Liaise with external counsel when required for complex legal issu
- es.Other job duties as assign
ed.
Skills and Qualificati
- ons:
Hold a Bachelor’s or Master’s degree in Law, LLB or
- LLM.Possess a valid license to practice
- law.Proven experience (5+ years) as a corporate lawyer specializing in licensing, contracts, or intellectual property
- law.Experience in drafting, negotiating, and enforcing complex legal agreements, including licensing contr
- acts.Familiarity with payment structures and financial aspects of licensing agreem
- ents.Experience handling legal disputes, contract amendments, and risk management in a business set
- ting.Strong legal research, negotiation, and drafting sk
- ills.Excellent written and verbal communication abili
- ties.Ability to analyze and interpret legal documents, contracts, and payment t
- erms.Detail-oriented with strong organizational and project management sk
- ills.Proficiency in Microsoft Office S
- uite.Additional certifications in intellectual property law, licensing, or contract management (e.g., CLM or IP Law certification) are a