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Commercial Counsel Fellowship

Runway ML

LocationUnited States
SeniorityEarly-career
CompanyRunway ML
Verified recentlyChecked today
Compensation

$140k-$190k

Salary details are shown when available from the source listing. Sign in before applying so the role can be reviewed against your resume, salary goals, seniority, timezone, and location eligibility.

Requirements and working style

Decision details from the source listing

Experience

0-3 years stated

Education

J.D., Admission in good standing with at least one state bar, or sitting for the bar before the fellowship starts

Schedule

fixed

Benefits stated
Hands-on training in commercial contracting and in-house practiceMentorship from experienced in-house lawyers with regular feedbackPotential to convert to a full-time role at the end of the fellowship

These fields are normalized from the employer's text. Confirm details on the employer site before applying.

WFH.team analysis

What this posting tells you

Runway is hiring an early-career lawyer for a full-time, one-year Commercial Counsel Fellowship. The role is remote within the U.S., with a preference for candidates near its New York City or San Francisco offices. Applicants need a J.D. and state bar admission or must be sitting for the bar before the fellowship begins. The posted salary range is $140,000–$190,000.

Role lane

Data, Healthcare admin, Legal, Marketing, Operations, Product, Sales, Security, Software, Writing and content

Where you can work

United States

Working hours

Timezone overlap is not stated.

Arrangement

Early-career · full_time

Required signals
Commercial contract drafting, review, and negotiationLegal writing and analysisPractical communication with non-lawyersSound judgmentAbility to learn quicklyOperational mindsetInterest in generative AI
Preferred signals
Technology transactionsSaaS agreementsIntellectual propertyData privacyExperience using AI tools in legal workFamiliarity with AI or software product development
Confirm before applying
  • Required timezone overlap is not stated
Market context

Data hiring on WFH.team

11,010active related roles
3,836new in the latest period
398.3jobs per 100 candidates
$167kmedian of comparable listed ranges

This role's listed pay is near the median among 200 comparable roles shown here. Category counts come from WFH.team's latest published remote job market snapshot.

Explore the remote job market
Skills and signals
Commercial contract drafting, review, and negotiationLegal writing and analysisPractical communication with non-lawyersSound judgmentAbility to learn quicklyOperational mindsetInterest in generative AITechnology transactionsSaaS agreementsIntellectual propertyData privacyExperience using AI tools in legal workFamiliarity with AI or software product developmentRemote within the United States; candidates near the New York City or San Francisco offices are preferred, but applicant
Job description

Commercial Counsel Fellowship at Runway ML

We are building AI to simulate the world through merging art and science.

We believe that world models are at the frontier of progress in artificial intelligence. Language models alone won’t solve the world’s hardest problems – robotics, disease, scientific discovery. Real progress requires models that experience the world and learn from their mistakes, the same way that humans do. And this kind of trial and error can be massively accelerated when done in simulation, rather than in the real world.

World models offer the most clear path to general-purpose simulation, changing how stories are told, how scientific progress is made and how the next frontiers of humanity are reached.

Our team consists of creative, open minded, caring and ambitious people who are determined to change the world. We aspire to continuously build impossible things and our ability to do so relies on building an incredible team. If you are driven to do the same, we'd love to hear from you.

*Titles posted to our careers page are updated regularly to best advertise the role and expected seniority, but internally we have a flat titling system with two types of titles: one for individual contributors and one for people managers.

About the role

Preferable to have someone near one of our offices in NYC or San Francisco, but open to hiring around the US for the right candidate.

Runway’s Commercial Counsel Fellowship is an intensive, full-time, 1 year venture dedicated to fostering high caliber early-career lawyers who want to build real in-house experience at a fast-moving AI company. You'll work directly alongside our Commercial Counsel team on live deals from your first weeks, with hands-on training and mentorship along the way.

No prior commercial or in-house experience is required. We care more about sharp judgment, strong writing, and a fast learning curve than a specific background. Comfort working in a highly technical, rapidly evolving area of the law is a must. Whether you're coming from a law firm, a clerkship, or straight out of law school, we'll teach you how to negotiate commercial agreements and partner with the business.

What you'll do

  • Draft, review, and negotiate Runway's commercial agreements, including B2B SaaS customer contracts for our generative AI platform and APIs, DPAs, partnership agreements, and vendor agreements, taking on more complex deals as you ramp
  • Partner with the sales team with fast, practical answers that help close deals
  • Help scale and automate our commercial processes and tools, including templates, playbooks, contract review automation, and our legal tech stack
  • Learn the technical side of our generative AI products inside and out, so your advice to the business is grounded in how they work
  • Research and track technical, legal, and policy developments in generative AI, and share what matters with the team
  • Depending on your interests, contribute to projects across the broader legal team, such as privacy, IP, product counseling, or compliance

WHAT YOU'LL GET

  • Hands-on training in commercial contracting and in-house practice, with real ownership from early on
  • Mentorship from experienced in-house lawyers, with regular feedback on your work
  • Exposure to cross-functional teams across sales, partnerships, product, and marketing, and to the Runway Executive Team
  • A front-row seat to the legal questions shaping generative AI video
  • Potential to convert to a full-time role at the end of the fellowship, in Commercial Counsel or another area of the legal team

WHAT YOU'LL NEED

  • A J.D. plus admission in good standing with at least one state bar (or sitting for the bar before the fellowship starts)
  • 0–3 years of legal experience, for example at a law firm, in a clerkship, in an in-house or government role
  • A strong academic record and excellent legal writing and analytical skills
  • Bias for action and a willingness to take ownership
  • Growth mindset and an eagerness to learn quickly, take feedback, and improve how things get done
  • Clear, practical communication with non-lawyers
  • Operational mindset
  • Excitement about generative AI and motivation to continuously learn more about the legal landscape governing a new and exciting industry

Nice to have

  • Exposure to technology transactions, SaaS agreements, IP, or data privacy, through practice, coursework, a clinic, or a summer associate role
  • Experience using AI tools in your own legal work
  • Familiarity with how AI or software products are built

Runway strives to recruit and retain exceptional talent from diverse backgrounds while ensuring pay equity for our team. Our salary ranges are based on competitive market rates for our size, stage and industry, and salary is just one part of the overall compensation package we provide.

There are many factors that go into salary determinations, including relevant experience, skill level and qualifications assessed during the interview process, and maintaining internal equity with peers on the team. The range shared below is a general expectation for the function as posted, but we are also open to considering candidates who may be more or less experienced than outlined in the job description. In this case, we will communicate any updates in the expected salary range.

Lastly, the provided range is the expected salary for candidates in the U.S. Outside of those regions, there may be a change in the range, which again, will be communicated to candidates.

WORKING AT RUNWAY

Great things come from great teams. https://www.youtube.com/watch?v=kwmj4ato2kw&ab_channel=Runway We’d love to hear from you.

We’re committed to creating a space where our employees can bring their full selves to work and have equal opportunity to succeed. So regardless of race, gender identity or expression, sexual orientation, religion, origin, ability, age, veteran status, if joining this mission speaks to you, we encourage you to apply.

More about Runway

  • Universal World Simulator https://runwayml.com/world-simulator.html
  • GWM-1 https://runwayml.com/research/introducing-runway-gwm-1
  • Gen-4.5 https://runwayml.com/research/introducing-runway-gen-4.5
  • General World Models https://runwayml.com/research/introducing-general-world-models
  • Robotics SDK https://runwayml.com/research/introducing-runway-gwm-1#robotics-section
  • Conversational Real-time Agents https://runwayml.com/research/introducing-runway-gwm-1#avatars-section
  • Runway Studios https://runwayml.com/studios

We're excited to be recognized as a best place to work:

Crain's https://www.crainsnewyork.com/awards/best-places-work-2023 | InHerSight https://www.inhersight.com/companies/best/city/new-york-city-ny | BuiltIn NYC https://builtin.com/awards/new-york-city/2024/best-places-to-work | INC https://www.inc.com/best-workplaces/2024

Company context

Working remotely at Runway ML

Runway ML is hiring for 45 active remote roles, with remote-friendly openings, application links, and job details refreshed from the public remote job inventory.

Remote policy

Remote hiring signal is inferred from active confirmed-remote job listings.

Research Runway ML