Job @ EY (Ernst & Young) as Law-Contracts Drafting and Abstracting- Associate

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Job @ EY (Ernst & Young) as Law-Contracts Drafting and Abstracting- Associate

About EY (Ernst & Young)

EY exists to build a better working world, helping create long-term value for clients, people and society and build trust in the capital markets. Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.

Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.

Role name and description

Associate – Contract Drafting and Abstraction

The Contract Lifecycle Management (CLM) team provides end-to-end assistance on all types of commercial contracting to the legal and business teams of large MNCs and law firms. The Pre-execution arm (or Drafting team) is set up to function as an extension of the in-house legal team and assist the contracting process from the point business requests a contract, to when the contract is approved and signed.

They review and negotiate transactional contracts based on our client’s organizational policies and guidelines, get the necessary approval and get the contracts signed. Complexity or deal value is not a bar in any sense for us – we provide these services for contracts ranging from bespoke and complex to more standardized or even related administrative work.(READ MORE...)

Role and Responsibilities

  • Associates are lawyers who understand the basic contractual and legal concepts and are able to interpret and review the contracts. They are also expected to have good verbal and written communication skills. Associates typically comprise the first stage of the contract review process.

  • Perform the first fine review, analyze and abstract a wide range of contracts, e.g. Patent License Agreements, IT Procurement Agreements, Web Hosting Agreements, Confidentiality Agreements, Software and Data License Agreements, Vendor Services Agreements, Master Services Agreements, Statements of Work, Purchase and License Agreements, Sponsor Research Agreements, Inter-Institutional Agreements, Supply and Distribution Agreements, Staffing, Consulting and Teaming Agreements, Lease Agreements, Estoppels and SNDAA and other commercial contracts.

  • Assist senior team members in negotiating contracts for our clients from various sectors such as Banking, Telecom, Healthcare, Aerospace, Heavy Industries, Manufacturing Companies, Finance companies, Human Resource Solutions, IT Services Industry, Universities, Film Production House, Global Web hosting Company, Power Management Company, etc. Accompany seniors to client/customer negotiation calls and prepare call notes.(READ MORE...)

Qualifications and Experience Required

  • Bachelors/Master’s degree and Law degree (LLB or LLM) from accredited, reputable institutions

  • An attorney with 0-2 years of relevant contract review, redlining, negotiation, abstraction and due diligence experience (preferably in a multinational corporation, in-house legal team or law firm handling similar work)

  • Specific experience in CLM technology is attractive, but not essential

Skills and Attributes Required

  • Good analytical & logical skills

  • Knowledge of English/Grammar enabling efficient comprehension of clients’ documents, codes, abstracts and other deliverables

  • Good written and verbal communication skills

  • Attention to detail

  • Must be computer savvy and able to learn and adapt to different contract management platforms and client’s respective processes in order to be able to function smoothly and integrate with the client’s system

  • Responsiveness – Sensitive to client deadlines

  • Team Player – Ability to co-operate and work as a team member and encourage colleagues, maintains positive attitude, contributing to team morale

Desired Skills

  • Contract Lifecycle Management technology is attractive, but not essential.

  • Proven capabilities in driving multiple projects, with exceptional client management and project management experience

Location

Bangalore

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