Commercial Counsel

Abbott Laboratories • Lake Forest, IL

10d • $129,300 - $258,700 • Onsite

About The Position

This position works out of our Lake Forest, IL location in the Legal division supporting Abbott’s Core Diagnostics division. The Core Diagnostics division offers a range of diagnostics platforms to empower smarter medical and economic decision-making to help transform the way people manage their health at all stages of life. Every day, more than 10 million tests are run on Abbott’s diagnostics instruments, providing lab results for millions of people. Our diagnostic solutions are used in hospitals, laboratories, and clinics around the globe. The crucial information derived from our tests, instruments, and informatics systems is often the first step in patient care decision-making for hundreds of health conditions from heart attacks to blood disorders to infectious diseases and cancers. The attorney will be expected to identify and resolve complex legal issues to support the operations of this business. The attorney will be responsible for acting as day-to-day legal advisor, working closely with the business on a broad range of legal and commercial issues.

Requirements

• Juris Doctor degree from an accredited law school, demonstrate a strong academic background, and have, or be able to obtain, appropriate licensure to practice law in Illinois.
• 5+ years of experience as a commercial attorney at a top law firm or in-house.

Nice To Haves

• Healthcare industry or other relevant industry experience strongly preferred.
• Ability to handle multiple projects in fast-paced environment and exercise sound commercial and legal judgment.
• Ability to independently handle complex matters with minimal supervision and understand which issues to elevate to senior management and the appropriate timing for doing so.
• In addition to top-notch legal skills and a strong ethical center, excellent interpersonal, strategic thinking, communication and organizational skills

Responsibilities

• Advising and ensuring that internal stakeholders receive sound, practical, and timely legal advice on a wide variety of legal matters related to operation of a commercial business that markets and sells to healthcare institutions, government entities, healthcare professionals and distributors.
• Drafting, negotiating, and reviewing a wide range of agreements, including complex matters relating to sales, distribution and marketing of assays, instruments and digital health products.
• Advising multidisciplinary teams on marketing strategies and approval of promotional materials.
• Resolving legal issues using negotiation skills and legal expertise, including pre-litigation dispute resolution and settlements.
• Assisting in the creation of new template agreements, playbooks, guidance documents, and training to support efficient contracting processes for various business functions.
• Maintaining familiarity with laws that affect the business and provide basic counseling on those laws, including those relevant to sales and marketing of products to healthcare professionals and reimbursement by government programs including, for example, laws related to fraud and abuse (Anti-Kickback Statute, False Claims Act), FDA regulation (Food, Drug & Cosmetic Act), privacy (HIPAA), anti-corruption (Foreign Corrupt Practices Act), intellectual property and regulations pertaining research and development.
• Representing Abbott externally to suppliers and customers.
• Supervising and directing outside counsel as needed.
• Working in close cooperation with compliance organization to coordinate and streamline efforts.
• Identifying training needs and assisting in development and presentation of training and education regarding legal requirements and developments.
• Developing a thorough understanding of and familiarity with Abbott’s businesses, its people, products, markets, facilities, customers, and competitors, and use this knowledge in providing guidance and counsel to the business team.

Benefits

• Career development with an international company where you can grow the career you dream of.
• Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year.
• An excellent retirement savings plan with high employer contribution
• Tuition reimbursement, the Freedom 2 Save student debt program and FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Ph.D. or professional degree