Commercial and Product Counsel, Magic Leap
$130-150k
Office located in Plantation, FL
AR for enterprises
Be an early applicant
AR for enterprises
1001+ employees
Be an early applicant
$130-150k
Office located in Plantation, FL
1001+ employees
Company mission
To amplify human potential by delivering the most immersive AR platform, so people can intuitively see, hear, and touch digital content in the physical world.
Role
Who you are
- 4+ years of legal experience either at a law firm and/or as in-house counsel
- J.D. or foreign equivalent
- Active bar membership in at least one U.S. jurisdiction
- Demonstrated experience drafting, negotiating, and closing technology transactions
- Outstanding written and verbal communication skills
- Ability to prioritize competing demands in a fast-paced environment
- Excellent legal and business judgment
Desirable
- Experience as an in-house lawyer in the technology industry
- Strong understanding of legal/contractual issues related to artificial intelligence, intellectual property, and data protection
- Working knowledge of product regulatory matters related to hardware or software products
- Experience using contract lifecycle management platforms
What the job involves
- As a Counsel, Commercial and Product within our Legal team, you will be providing strategic legal counseling to cross-functional business partners on a wide range of commercial transactions, product development, and related matters in the exciting and fast-paced augmented reality space
- Draft, negotiate, and review various commercial agreements, including professional services agreements, intellectual property agreements, data protection agreements, master services agreements, statements of work, and other technology agreements
- Work cross-functionally with business partners to provide strategic legal advice on commercial and product matters
- Develop and deliver training to internal teams on legal issues relevant to our products and services
- Maintain and improve contract templates, forms, policies, playbooks, and scalable processes to drive efficiency and innovation across the company
- Identify and assess legal risks and propose practical mitigation solutions
- Conduct legal research to stay informed about evolving laws and regulations that impact our products, services, and industry
Our take
Magic Leap was created to act as a pioneer in the augmented reality and mixed reality sector. The company's main product is Magic Leap Two, a proprietary mixed-reality headset marketed to enterprise customers.
Despite this, Magic Leap did not always sell to this audience. The headset was originally aimed towards individual consumers, with a focus placed on top level gaming. However, the high price tag deterred customers, and so the company pivoted to instead set their sights on enterprise customers in health, defence, transport and more.
Magic Leap still faces potential competition from next-gen devices such as the 120-degree field of view (compared to Magic Leap's 44 x 53 degrees) glasses from Ant Reality. However, Magic Leap Two has benefitted from early-release customers including Cisco, SentiAR, NeuroSync, Heru, Taqtile, PTC, and Brainlab. Regardless, Magic Leap must start work on its next iteration to keep up with the competition, or at least keep updating Magic Leap Two.
Steph
Company Specialist at Welcome to the Jungle
Insights
10% employee growth in 12 months
Company
Funding (last 2 of 10 rounds)
Aug 2024
$160m
GROWTH EQUITY VC
Oct 2021
$500m
SERIES G
Total funding: $3.7bn
Company benefits
- Work from home opportunities
- Health insurance
- Gym Membership
Company HQ
Plantation, FL
Leadership
Peggy Johnson
(CEO)Previously an Executive Vice President in Business Development at Microsoft, Member of the Board of Directors at BlackRock,Exec VP at Qualcomm.
Salary benchmarks
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