Job Information
Abbott Counsel- Commercial, Infectious Disease Rapid Diagnostics in Lake Forest, Illinois
Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 114,000 colleagues serve people in more than 160 countries.
About Abbott
Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals, and branded generic medicines. Our 114,000 colleagues serve people in more than 160 countries.
Working at Abbott
At Abbott, you can do work that matters, grow, and learn, care for yourself and family, be your true self and live a full life. You’ll also have access to:
Career development with an international company where you can grow the career you dream of.
Free medical coverage for employees* via the Health Investment Plan (HIP) PPO
An excellent retirement savings plan with high employer contribution
Tuition reimbursement, the Freedom 2 Save (https://www.abbott.com/corpnewsroom/strategy-and-strength/tackling-student-debt-for-our-employees.html) student debt program and FreeU (https://www.abbott.com/corpnewsroom/strategy-and-strength/college-degree-for-free-its-possible-with-freeu.html) education benefit - an affordable and convenient path to getting a bachelor’s degree.
A company recognized as a great place to work in dozens of countries around the world and named one of the most admired companies in the world by Fortune.
A company that is recognized as one of the best big companies to work for as well as a best place to work for diversity, working mothers, female executives, and scientists.
The Opportunity
This position works out of our Lake Forest, IL location in the Legal division supporting Abbott’s Rapid & Molecular Diagnostics division. The Rapid and Molecular Diagnostics division consists of two innovative businesses; one a leader in molecular diagnostics and the analysis of DNA and RNA at the molecular level; the other the world’s leading provider of rapid point-of-care diagnostics. 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.
What You'll Work On
The successful candidate must possess strong knowledge of corporate and commercial/transactional law and demonstrated expertise in drafting and negotiating complex commercial agreements and advising and counseling clients on a range of business transactions and operational matters. Experience with general corporate law matters is preferred. Core job responsibilities include:
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 to healthcare professionals, retailers, and consumers.
Drafting, negotiating, and reviewing a wide range of agreements, including complex matters relating to procurement, sales, licensing, marketing, co-promotion, and research collaborations.
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, 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), and anti-corruption (Foreign Corrupt Practices Act).
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.
This position will interact with the Legal, Compliance, Finance, Supply Chain, Research & Development, Regulatory, Quality, Clinical and Medical Affairs, Marketing and Sales Departments.
Required Qualifications
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.
3 years minimum, prefer 4+ years of experience as a commercial attorney at a top law firm or in-house.
Strong process and analytical skills.
Excellent problem-solving ability.
Excellent time-management skills and ability to manage competing priorities while ensuring timely completion and follow-up.
Ability to independently handle complex matters with minimal supervision and understand which issues to elevate to senior management and 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.
Preferred Qualifications
Experience representing a regulated company, including knowledge of corporate law, fraud and abuse laws, privacy laws and other laws and regulations pertaining to the diagnostics, pharmaceutical, or medical device industries.
Diagnostics, medical device, pharmaceutical or other healthcare business experience, and/or hospital/health system experience.
Demonstrated ability to understand and comply with applicable US and international healthcare regulations and company operating procedures, processes, policies, and tasks.
Experience with international transactions and business issues, in both developed and emerging markets.
Proven ability to lead and/or perform successfully in cross-functional teams.
Apply Now (https://www.jobs.abbott/us/en)
- Participants who complete a short wellness assessment qualify for FREE coverage in our HIP PPO medical plan. Free coverage applies in the next calendar year.
Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives: www.abbottbenefits.com (http://www.abbottbenefits.com/pages/candidate.aspx)
Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity.
Connect with us at www.abbott.com , on Facebook at www.facebook.com/Abbott and on X (formerly Twitter) @AbbottNews and @AbbottGlobal.
The base pay for this position is $125,300.00 – $250,700.00. In specific locations, the pay range may vary from the range posted.
An Equal Opportunity Employer
Abbot welcomes and encourages diversity in our workforce.
We provide reasonable accommodation to qualified individuals with disabilities.
To request accommodation, please call 224-667-4913 or email corpjat@abbott.com