Commercial Counsel

Founded by a team of industry veterans, Underdog was born with the idea that bringing strategic innovation to sports gaming and entertainment is the key to success in an exceptionally competitive market. Underdog has quickly established itself as a leader in the space, and is committed to building the best sports gaming platform in the industry -- and supporting the most passionate community of sports fans while doing it!

At Underdog, we’re not only about creating these awesome products, but also about growing our culture of passion, ownership, and fun! We believe that great companies are made out of great people. Our continual aim is to create an inclusive environment for everyone, at all levels, to achieve their highest potential at work.

As a Commercial Counsel, you’ll serve as a key member of our legal team and work cross-functionally to enable the development of corporate commercial processes, as well as provide legal support on a wide variety of company-related matters.

*Underdog is open to a variety of candidates at different experience levels, official title could vary depending on experience and background*

Please note, Underdog is a US based company and no sponsorship is available for this position at this time. 

• Work closely with outside counsel and Underdog stakeholders on M&A and fundraising, including serving as internal counsel on completion of diligence. 
• Draft and negotiate corporate commercial agreements, and support business partners in moving deals to completion. 
• Provide strategic advice on existing and contemplated commercial agreements, and identify key risk and non-risk factors. 
• Maintain contract lifecycle management and adherence to appropriate policies re signatory authority and spend approvals. 
• Provide front-line counseling to human resources professionals and coordinate with outside counsel on employment issues. 
• Serve as key stakeholder in building corporate privacy, anti-corruption, AML, and related policies and controls. 
• Maintain corporate terms and conditions, privacy policies, and serve as legal department liaison with product and marketing teams on contest and promotion rules. 
• Assist in review and processing of outside counsel invoices, outside counsel metrics and coordination, and overall operation of the legal organization. 

• JD required
• Admission to at least one state bar and ability to register as in-house counsel in state of residence if not admitted to the state of residence. 
• 4+ years of progressively responsible legal responsibility, ideally in commercial transactions or M&A, but open to a wide range of legal experience demonstrating breadth of experience and ability. 
• Demonstrated ability to thrive as legal counsel in a fast-paced, high-growth environment, including law firm or as in-house counsel.  
• Demonstrated ability to independently move projects forward and secure the support of others as needed in a cross-functional role.
• Excellent analytical, problem-solving, and communication skills. 

• A background in fantasy sports or sports betting is not necessary, but the role requires willingness and enthusiasm to understand the unique needs of a highly regulated business

Underdog Sports is firmly committed to equity, inclusion, and diversity. Our unique culture was built on the foundation of a safe and inclusive environment for people of all backgrounds. We highly value the mental, physical, and emotional health of our employees, and are continuously asking ourselves: what can we do better? Underdog is an equal opportunity employer and doesn't discriminate on the basis of creed, race, sexual orientation, gender, age, disability status or any other defining characteristic. Our targeted compensation rate for this position is between $180,000 and $225,000, depending on experience, plus equity. Think your skills are exceptional and warrant higher pay? Apply anyway! If we agree, we're willing to negotiate. Below you’ll find a few of our perks:

• Unlimited PTO (we're extremely flexible with the exception of the first few weeks before & into the NFL season)
• 16 weeks of fully paid parental leave
• Company paid Health, Dental, Vision plan option for employees and dependents
• 401k Match & FSA
• Remote, In-Person, or Hybrid Scheduling – we are 100% VIRTUAL FIRST!
• A $500 home office allowance
• $100 in UD credit
• Support for learning and development
• Book club – expense your books!
• Lastly, an extremely transparent, fun, and engaging culture where you will grow both personally and professionally!

#LI-Remote