Corporate Paralegal, Rent the Runway
$85-110k
More information about location
4 days a week in office (Brooklyn, NY)
Women's clothing subscription service
Be an early applicant
Women's clothing subscription service
1001+ employees
Be an early applicant
$85-110k
More information about location
4 days a week in office (Brooklyn, NY)
1001+ employees
Company mission
Rent the Runway's mission is to power women to feel their best every day.
Role
Who you are
- 3+ years of relevant in-house experience
- Registered Notary in the State of NY is a plus
- Experience managing a contract lifecycle management platform (SpotDraft experience a plus)
- Excellent organizational skills, with keen attention to detail, thoroughness, and accuracy
- Strong ability in Excel, Google Suite, and MS Office
- Experience with DocuSign, SpotDraft, Ironclad, or similar contract management system is a plus
- An ability to work in a fast-paced environment, and to prioritize and manage multiple critical projects under tight deadlines
- Unquestioned integrity and an ability to work on sensitive and confidential matters
- Interest in legal operations and thoughtful AI implementation
- Should you be interested, there is high potential for growth in this role, e.g., evolving legal processes, the team’s suite of technology resources and testing and integrating cutting edge legal AI technology to drive team efficiency
What the job involves
- As Corporate Paralegal, you will have the opportunity to meaningfully impact Rent the Runway and its Legal team, primarily by assisting with legal systems and processes, and managing administrative aspects of the Legal team to ensure its operational effectiveness
- You will report to the Chief Legal & Administrative Officer and work collaboratively with the other members of RTR’s Legal team
- Oversee the complete contract lifecycle process, including intake, execution, renewal, and termination
- Serve as the first point of contact for internal stakeholders regarding contract needs, status, and timelines. Lead quarterly business reviews with cross-functional teams regarding contract management
- Educate and train employees on Company policies and the vendor engagement process
- Manage the Legal budget and tracking, support the accounting teams accrual process, and coordinate with outside counsel as needed
- Oversee the Legal team technical stack, including legal AI tools, to maintain and scale effective legal operations for the team and our internal clients
- Support the Legal team with information requests as needed (e.g., due diligence, data rooms, audits, litigation responses, vendor screening)
- Support public company compliance workstreams on an as-needed basis, including but not limited to, Annual Meeting preparation and quarterly earnings processes
- Support the Legal team on certain aspects of marketing, advertising, and partnership initiatives
- Perform administrative tasks such as filing and maintaining corporate records, coordinating signatures, mailing, and other related matters
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 channel to sell clothes previously rented through its platform, it will, for the first time, be selling new clothes based on 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
(Co-Founder, CEO & Chairman of the Board)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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