Employment & Commercial Counsel, Rent the Runway
$154.2-192.7k
This position is also eligible for equity compensation
More information about location
4 days a week in office (Brooklyn, NY)
Women's clothing subscription service
Open for applications
Women's clothing subscription service
501-1000 employees
Open for applications
$154.2-192.7k
This position is also eligible for equity compensation
More information about location
4 days a week in office (Brooklyn, NY)
501-1000 employees
Company mission
Rent the Runway's mission is to power women to feel their best every day.
Role
Who you are
- JD and NY bar membership or eligibility to register as an in-house attorney in NY
- 4+ total years of practicing law, including 2+ years experience in employment law and 2+ years of work as in-house counsel for an operating company
- Experience drafting and negotiating commercial agreements
- Interest in developing skills as a legal generalist
- Familiarity with marketing/advertising, traditional or digital media, tech, ecommerce, retail, manufacturing, or contract lifecycle management are a plus
- Creative thinker and problem solver
- A practical, proactive, creative, and risk-based approach to counseling and negotiating
- Excellent judgment
- Systemic and process-driven thinker who is excited about scaling RTR’s Legal services
- The ability to translate legal issues into clear, “plain English” guidance and business solutions for non-lawyers
- A highly collaborative work ethic, while also exercising autonomy as a subject matter expert
- Flexibility necessary to thrive at an ambitious, dynamic growth company, including strong business judgment and an ability to calibrate when we need a quick response versus a deep dive to get something precisely right
- An ability to interact effectively with your colleagues and clients, and to build strong relationships and influence across departments
- An ability to prioritize and manage multiple critical projects under tight deadlines
What the job involves
- As Employment & Commercial Counsel, you will play a key role in advising our business partners and driving RTR’s growth
- You will work primarily advising and counseling our People Team and executives on employment law matters as well as drafting and negotiating commercial agreements
- At the same time, you will be a generalist who is excited and interested to jump into the wide range of questions the Legal team handles every day, including brand relationships, transportation, safety, environmental compliance, and international trade
- You’ll be a strategic, hands-on, and creative partner to the business - as well as a practical problem solver
- You will report to the Chief Legal & Administrative Officer and work collaboratively with the other members of RTR’s lean Legal team
- Serve as the primary employment counsel for RTR’s US and global workforce. This role will work closely with the Chief Legal & Administrative Officer, Human Resources Business Partner Sr. Director, and operations and safety leadership to design and implement policies and procedures, provide daily legal advice across the company, and manage dispute resolution
- Draft and review of commercial contracts businesswide. These include agreements with designer partners, sponsorships, advertisers/influencers/ambassadors, technology partners including but not limited to, SaaS (software-as-a-service) and software licensing partners, consultants, and more
- Partner with your colleagues on the Legal team to continue to scale RTR’s legal function, including building templates, policies, procedures, and the legal tech stack that enable us to provide top tier legal services as efficiently as possible
- Support RTR’s public company, environmental and privacy compliance
- Pitch in and advise various teams on everything from key business initiatives to one-off “what if…” questions
- Develop training materials and other resources for your business partners
- Collaborate with other business functions and develop solutions that support the growth of the Company while appropriately managing the legal risk
- Work independently on matters you own, and collaborate on key legal and business deliverables with RTR’s Chief Legal & Administrative Officer, Deputy General Counsel, Sr. Manager of Legal, and leaders across the business
Our take
Rent the Runway seeks to profit from two important trends in apparel consumption: wanting to stay on top of the latest fashion trends while living and purchasing sustainably. By providing a platform for women to rent designer pieces, its users can have it all.
The company allows users to rent, subscribe, or buy designer apparel and accessories. It achieves this with its network of partnerships with hundreds of top designers and managing the crucial but complicated logistics in-house. It offers its partnered brands sophisticated analytics about potential customers in return for lower prices on designer garments.
Rent the Runway is now focused on diversifying revenue streams while reducing its costs. Its recent partnership with Amazon is an example of this new direction: while it will use this chanel sell to clothes previously rented through its platform, it will for the first time be selling new clothes based off of rental items modified in line with market data.
While moves such as this may well shift Rent the Runway towards profitability, it also risks undercutting the company's central message of sustainability and supporting the circular economy. The company believes that by creating better quality clothing it will nonetheless be aiding in the fight against fast fashion. Time will tell if this move helps or hinders the sustainability movement, but it is likely to boost Rent the Runway's bottom line regardless.
Freddie
Company Specialist at Welcome to the Jungle
Insights
-6% employee growth in 12 months
Company
Funding (last 2 of 9 rounds)
Apr 2020
$80m
SERIES G
Mar 2019
$125m
SERIES F
Total funding: $401.2m
Company benefits
- Generous Paid Time Off including annual leave, paid bereavement, and family sick leave - every employee needs time to take care of themselves and their family.
- Universal Paid Parental Leave for both parents + flexible return to work program - because we know your newest family member(s) deserve your undivided attention.
- Paid Sabbatical after 5 years of continuous service
- Exclusive employee subscription and rental discounts
- 401k match
- Work from home opportunities
- Comprehensive health, dental care and dependents care from day 1 of employment - Your health comes first and we’ve got you covered.
- Competitive Stakeholder Pension - taking care of your future
- Company wide events and outings - our team spirit is no joke - we know how to have fun!
- Hybrid Work - our corporate employees have the option to work remotely 3 days a week, in accordance with Company policies
Company HQ
Hudson Square, New York, NY
Leadership
Jennifer Hyman
(CEO)Prior to Rent the Runway, was director of business development at IMG where she focused on the creation of new media businesses for IMG's fashion division.
Salary benchmarks
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