Full-Time

Legal Pricing Manager

Corporate Paralegal/JD

Updated on 12/2/2024

Ontra

Ontra

201-500 employees

AI solutions for automating legal processes

AI & Machine Learning
Financial Services
Legal

Compensation Overview

$82.8k - $103.5kAnnually

+ Equity Grants + Commission

Mid

United States

Candidates must be based in the United States.

Category
Legal
Contract Management
Legal & Compliance
Required Skills
Sales
Requirements
  • 4+ years of experience, with at least 2 years of transactional legal experience as an attorney or paralegal, preferably at a fund or law firm; JD preferred.
  • Direct experience in negotiating NDAs is strongly preferred.
  • Excellent verbal and written communication skills, with experience in a customer-facing role.
  • Demonstrated excitement and interest in technology.
  • Your empathetic interpersonal skills allow you to perceive and influence others; foster a collaborative, resilient work environment; and resolve conflicts constructively.
  • Ability to communicate with and work across multiple Ontra teams including sales, customer success, product, and strategy to help the company manage its pricing structure and strategy.
Responsibilities
  • Conduct and participate in consultations with Customer Success Managers (CSMs) and sales closers, focusing on pricing, repricing, and playbook discussions, including the digitization of negotiation playbooks.
  • Accurately document and record prospect preferences in the Ontra playbook, ensuring these preferences are effectively incorporated into the Ontra pricing model spreadsheet.
  • Facilitate and support efforts with Research and Development teams to advance the digitization of the negotiation playbook processes.
  • Demonstrate the ability to understand and fulfill customer needs by crafting tailored, value-driven solutions and conveying them through clear, effective communication.
  • Act as a vital extension of the Go-To-Market (GTM) teams, contributing to projects and tasks that enhance the overall efficiency and effectiveness of sales engineering, RND, and sales efforts.

Ontra.ai automates legal processes for investment firms using AI technology, serving over 600 clients including Blackstone and AllianceBernstein. Its software streamlines the intake, negotiation, and execution of routine contracts like Non-Disclosure Agreements (NDAs) through a network of freelance legal professionals. This allows legal teams to focus on more strategic work while ensuring compliance with contract obligations. Ontra's deep understanding of private markets and tailored solutions differentiate it from competitors, with the goal of transforming legal workflows throughout the fund lifecycle.

Company Stage

Series B

Total Funding

$233.5M

Headquarters

San Francisco, California

Founded

2014

Growth & Insights
Headcount

6 month growth

4%

1 year growth

7%

2 year growth

11%
Simplify Jobs

Simplify's Take

What believers are saying

  • Ontra's client base includes 9 of the top 10 PEI-ranked firms, indicating strong market validation and growth potential.
  • The recent appointment of experienced leaders like John Lofy and Leslie Olsen suggests a focus on enhancing customer success and marketing strategies.
  • Integration of advanced AI technologies like GPT-4 positions Ontra at the forefront of legal tech innovation, potentially attracting more high-profile clients.

What critics are saying

  • The legal tech market is highly competitive, with numerous players vying for market share, which could impact Ontra's growth.
  • Dependence on freelance legal professionals may pose challenges in maintaining consistent service quality and compliance.

What makes Ontra unique

  • Ontra's AI-powered legal operating system is specifically tailored for private markets, setting it apart from more generalized legal tech solutions.
  • The integration of OpenAI's GPT-4 into Ontra Synapse enhances its AI capabilities, providing a competitive edge in automating complex legal workflows.
  • Ontra's global network of freelance legal professionals allows for scalable and flexible contract management, unlike competitors who rely solely on in-house teams.

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