Commercial Counsel

ITWGlenview, IL
1dOnsite

About The Position

Since its founding more than 100 years ago, ITW has become one of the world’s leading diversified manufacturers of specialized industrial equipment, consumables, and related service businesses. We place a high premium on developing innovative solutions–most of which are developed in tandem with our customers. And we continue to ensure that our customers receive timely, cost-effective service for our innovative products. ITW’s differentiated business model comprises unique core capabilities: our proprietary 80/20 business process, customer-back innovation, and our well-known decentralized entrepreneurial culture. These capabilities are unmistakably ITW—and key to our longevity and strong performance. ITW’s products and solutions are at work all over the world, in deep-sea oil rigs, aerospace technology, bridges and wind turbines, healthcare, the spaces in which we live and work, the cars we drive, and the mobile devices we rely on. We are never, whether we know it or not, more than a few steps from an innovative ITW solution. ITW (NYSE: ITW) is a Fortune 300 global multi-industry manufacturing leader with revenue of $15.9 billion in 2024. and employs ~44,000 people operating in 51 countries. Our headquarters are in Glenview, IL. include a fitness center at no cost to the employees, a cafe, outdoor volleyball courts, walking trails around the facility, employee resource groups, corporate discounts, dry cleaning services, covered/outdoor parking, and much more. We are just a block away from the nearest Metra station, and it is a quick 20-minute train ride to downtown Chicago, museums, lakefront, and other activities. More details on our benefits can be found on our website at https://www.itw.com/careers/benefits-compensation/ Reporting to the Chief Commercial Counsel, this position will act as a trusted legal advisor to ITW businesses on a variety of commercial legal matters, with a principal focus on reviewing and negotiating commercial agreements, supporting commercial strategies and developing efficient contract management processes. The successful candidate will have approximately three (3) to seven (7) years of legal experience gained in a sophisticated law firm environment or a prominent in-house legal department, with experience drafting, reviewing and negotiating complex commercial agreements and assisting on other transactional matters.

Requirements

  • JD degree from an ABA-accredited law school and admission to the IL bar are required (in-house admitted status permitted).
  • Approximately three (3) to seven (7) years of legal experience in a sophisticated law firm environment or prominent in-house legal department, with experience in drafting, reviewing, and negotiating complex commercial agreements.
  • Ability to work 5 days a week onsite at ITW's Glenview corporate campus, with flexibility on hours.
  • Strong verbal and written communication skills.
  • Self-starter who is collegial, flexible and able to multi-task while working in a fast paced and demanding global environment providing timely responses to meet expectations of supported persons and business units.
  • Solid interpersonal skills and values collaboration; willingness to adopt a “one team” approach in pursuit of a collaborative working environment within the Commercial Legal Team and broader Global Legal Department.
  • Strong intellect, with the ability to think critically and make clear and well-reasoned decisions; ability to see and handle more than the legal issues of a project; strong, pragmatic business acumen with the ability to recognize the business consequences of legal advice; a strategic thinker who can bring value to his or her clients, anticipate issues and find creative solutions to complex legal problems, while consistently demonstrating a clear sense of urgency.
  • Able to operate on an 80/20 basis by identifying and prioritizing the issues that truly drive risk or value, while avoiding unnecessary detail on lower-impact matters.
  • Open to coaching and constructive feedback and can adapt and apply lessons learned.
  • Available for moderate travel to businesses, subject to health and safety protocols, as appropriate.
  • General availability in person at the Glenview corporate office to meet the demands of the role.

Nice To Haves

  • This position requires an accomplished attorney with a strong professional record and a business orientation.
  • Personal and professional ‘fit’ within ITW’s culture is of paramount importance.
  • Candidates must be self-motivated and exhibit a passion for understanding ITW’s business and contributing in a meaningful way to its strategy and long-term strategic goals.
  • In addition to possessing the requisite legal and technical skills, the successful candidate must approach this role from a business perspective and demonstrate a high degree of ethics and integrity, as well as strategic/conceptual thinking capabilities.
  • A low-ego/high team mentality is crucial

Responsibilities

  • Preparing, reviewing and negotiating a wide range of commercial contracts and related arrangements, including customer and supplier terms & conditions, master service agreements, supply agreements, distribution and commercial agency agreements, information technology agreements, non-disclosure agreements and other commercial agreements.
  • Working collaboratively with a broad range of stakeholders and developing strong partnerships with operating leaders by providing excellent customer service and facilitating efficient resolution of commercial legal questions and acting as a trusted business partner.
  • Assisting commercial attorneys in developing training materials and delivering training to operating leaders on critical contract terms, negotiation strategies and related legal and commercial issues.
  • Identifying legal risks in ongoing or prospective business practices and arrangements and proactively engaging operating teams to review and evaluate business practices to mitigate legal risk.
  • Providing legal counsel across a broad range of commercial matters to operating leaders that effectively supports commercial operations and growth and profit objectives while mitigating risk, with appropriate oversight and direction from senior commercial attorneys.
  • Coordinating seamlessly across all matters to obtain appropriate input from other subject matter experts within the Legal Department (i.e., Ethics & Compliance, Litigation, IP, Risk Management, Trade Compliance, etc.).
  • Managing outside counsel as needed on specialized legal matters.
  • Providing support on other special projects and conducting relevant legal research (as needed), as requested by senior commercial attorneys and/or operating leaders of applicable Segments.

Benefits

  • fitness center at no cost to the employees
  • a cafe
  • outdoor volleyball courts
  • walking trails around the facility
  • employee resource groups
  • corporate discounts
  • dry cleaning services
  • covered/outdoor parking
  • medical, dental, vision, disability and life insurance programs
  • 401k plan with both a company match and additional employer contribution
  • Flexible Spending Accounts
  • Health Savings Accounts
  • Employee Assistance Program
  • Commuter benefits
  • Adoption Assistance
  • Educational Assistance
  • Parental Leave
  • vacation, sick time, and 11 Paid Holidays
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