Commercial Legal Director, IonQ
$143.4-187k
+ Variable Bonus and Equity
More information about location
Quantum computing platform
Be an early applicant
Quantum computing platform
201-500 employees
Be an early applicant
$143.4-187k
+ Variable Bonus and Equity
More information about location
201-500 employees
Company mission
To build the world’s best quantum computers to solve the world’s most complex problems, transforming business, society, and the planet for the better.
Role
Who you are
- 6-10 years’ experience in relevant work gained from law firm and in-house positions
- Excellent problem-solving and communication skills
- Excellent negotiation skills
- The ability to effectively collaborate with all levels of management, including senior leadership, to drive business results
- A demonstrated ability to manage outside counsel and to work efficiently and effectively independently and/or with limited resources
- The ability to concurrently manage multiple timely projects/issues
- A J.D. from an accredited law school and admitted to the bar of (and in good standing in) at least one state/district (preferably New York, Delaware, DC, Maryland, California, Washington, or another major state)
- Significant experience lawyering for cutting-edge computer hardware and/or software companies
- Significant experience advising inhouse supply chain and/or procurement functions
- Undergraduate or additional degrees in a technology-related field (e.g., physics, engineering, software development, etc.)
- Experience negotiating outbound/sales contracts
- Experience working remotely
- Experience advising on export control regulations relevant to component purchasing
What the job involves
- We are looking for a Commercial Legal Director
- You will be part of a cross-functional team whose mission is to lead IonQ on its journey to build the world’s best quantum computers to solve the world’s most complex problems
- The Commercial Legal Director will own and lead negotiating contracts with IonQ’s strategic component suppliers and service providers/vendors
- As IonQ’s Commercial Legal Director, you will ensure that all contractual terms are legally sound and in the best interest of IonQ’s business objectives
- Negotiate Terms: Work on behalf of the company to negotiate favorable terms, including pricing, timelines, deliverables, liabilities, penalties, and IP ownership/licensing
- Facilitate Productive Discussions: Act as a collaborative problem solver in negotiations to ensure productive discussions and conflict resolution, leading to outcomes designed to achieve the company’s strategic objectives
- Create Legal Agreements: Draft a wide range of sourcing contracts, including strategic supplier agreements, consulting agreements, inbound licensing agreements, inbound patent licenses, SaaS vendor agreements, and more as IonQ continues to scale rapidly
- Tailor to Client Needs: Customize contracts to fit unique technical needs, ensuring contracts facilitate achieving the company’s strategic business objectives
- Ensure Compliance: Ensure contracts comply with local, state, and federal laws, as well as industry-specific regulations in partnership with IonQ’s Compliance & Regulatory Legal Director
- Review: Review contracts to ensure accuracy, completeness, and alignment with applicable IonQ’s business objectives, and applicable laws and regulations
- Assess: Identify potential risks, liabilities, and ambiguities in contract terms, and ensure the company is informed of potential risks; help clients understand complex legal language and the implications of specific clauses or terms in contracts
- Advise: Offer legal advice on handling specific provisions or scenarios, such as intellectual property protection, liability, and indemnity clauses with recommended options to proceed
- Monitoring Compliance: Follow up to ensure both parties adhere to the terms of the contract and take appropriate action if breaches occur
- Amendments and Renewals: Assist in modifying or renewing contracts when circumstances change or when contracts are due for renewal
- Legal Research: Stay informed about changes in contract law, industry regulations, and judicial rulings that could impact the enforceability or structure of contracts
- Advising on Legal Changes: Inform clients of relevant changes in the law that may affect prior risk assessments or require contract revisions or renegotiations
- Organize Contracts: Ensure contracts remain organized in the company’s contract lifecycle management system (Ironclad) including meta data to enable efficient internal data tracking and reporting as well as to enable all easy and appropriate client access and retrieval
- Track Deadlines: Facilitate tracking of key contract dates in partnership with business clients, such as expiration, renewal periods, and performance milestones, to ensure contracts are followed through efficiently
Our take
IonQ is a quantum computing company, its current quantum computer, the IonQ Quantum Cloud is accessible through the cloud. An offshoot of the co-founder's 25 years of academic research in quantum information sciences, IonQ hopes to build the world's best quantum computers that can solve complex problems at a much faster rate than that of traditional computers.
Over the past few years, IonQ has partnered with several major technology companies, including Microsoft, Amazon Web Services, and Google to make its quantum computers more widely available.
IonQ has also acquired Entangled Networks to bolster its product offerings and also merged with a special purpose acquisition company to become a publicly traded company on the New York Stock Exchange under the ticker symbol "IONQ". The merger brought in substantial gross earnings that IonQ plans to utilize in order to accelerate its technology development and commercialization efforts.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 3 rounds)
Jun 2020
$7m
SERIES B
Oct 2019
$55m
SERIES B
Total funding: $82m
Company benefits
- Biweekly catered lunches
- 100% paid maternity/paternity/bonding leave for eligible employees
- Health, vision, dental insurance, and an HSA for you and your family
- Flexible time off
- Save in our 401(k) and we'll match up to 5% (vesting over five years)
- Access to UMD library, gym, and more
- Spend pre-tax dollars on public transportation or your bicycle (we provide secure, covered storage)
Company HQ
College Park, MD
Articles
Leadership
Christopher Monroe
(CSO)For the past 15 years, they have been a Professor at the University of Maryland and since 2021, they have also worked as a Professor of Physics and Electrical and Computer Engineering at Duke University.
Jungsang Kim
(CTO)Previously the founder, President and CEO of Applied Quantum Technologies. They have also been a Professor at Duke University for the past 18 years.
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