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Full-Time

Assistant General Counsel

Confirmed live in the last 24 hours

Lightspeed Commerce

Lightspeed Commerce

1,001-5,000 employees

Provides software solutions for retail and restaurants

Consumer Software
Fintech

Senior

Toronto, ON, Canada

Flexible hybrid environment.

Category
Legal
Risk & Compliance
Legal & Compliance
Requirements
  • 5+ years of experience in a law firm and/or as in-house counsel, preferably with a software-as-a-service business
  • Extensive experience drafting, reviewing and negotiating all nature of contracts, especially technology contracts (channel and integration partnership agreements including white/grey labelling, referral agreements, outsourcing contracts and software license agreements)
  • Strong leadership skills and experience managing legal teams
  • Creative problem solving and an innovative approach to in-house law department management
  • Broad commercial and corporate transactional experience gained in a fast-paced, preferably international, environment
  • Professional-level proficiency in English, including legal writing
  • Knowledge of and experience with GDPR, CCPA and other cybersecurity matters, PCI compliance, and the payment card industry
  • Comfortable communicating with colleagues and stakeholders on different levels and with different professional backgrounds
Responsibilities
  • Managing a portion of the commercial legal team and playing an important role on the leadership team of a growing legal department
  • Supporting ownership of the commercial contracting process, including contracting with customers, partners (channel, integration and installation, among others), and vendors (including outsourcing/consulting contracts)
  • Implementing systems and processes to enhance the scalability and efficiency of the Company’s commercial legal function
  • Providing support on complex, cross-functional projects and engaging in ad hoc analysis for a variety of stakeholder groups
  • Serving as a trusted advisor to stakeholders including the Procurement, Finance, Sales, Marketing, People & Culture, Product Development, Technology, and Information Security and Information Technology teams
  • Developing, drafting, revising, administering, implementing and interpreting compliance policies, procedures and programs
  • Using sound legal and business judgement to make recommendations, and solve legal and business problems, often within tight deadlines
  • Liaising with regulatory bodies and government authorities as required
  • Engaging and empowering colleagues and stakeholder groups through training and thought leadership
  • Assisting in managing outside counsel engagements
  • Working on ad hoc projects as assigned
  • Assisting with special requests from the executive team

Lightspeed Commerce provides software solutions designed specifically for small and medium-sized businesses in the retail and restaurant sectors. Their main products include point-of-sale systems, inventory management tools, and analytics features that help businesses operate more efficiently and engage with customers effectively. These tools work together to streamline operations, allowing users to manage sales, track inventory, and analyze performance data all in one platform. Unlike many competitors, Lightspeed focuses on a subscription model for its software services, along with transaction fees for payment processing, which provides a predictable revenue stream and ongoing support for its clients. The goal of Lightspeed is to enhance global commerce by empowering SMBs with the technology they need to thrive in a competitive marketplace.

Company Stage

IPO

Total Funding

$1.2B

Headquarters

Amsterdam, Netherlands

Founded

2005

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Simplify's Take

What believers are saying

  • Employees at Lightspeed Commerce benefit from exposure to a wide array of industries and cutting-edge technologies, enhancing their professional growth.
  • The firm's strategic investments in high-growth sectors like fintech, crypto, and digital content platforms offer substantial opportunities for career advancement.
  • Lightspeed's robust portfolio and successful funding rounds indicate strong financial health and stability, providing a secure working environment.

What critics are saying

  • The broad investment strategy may lead to overextension, potentially diluting focus and resources across too many sectors.
  • High competition in the venture capital space could impact Lightspeed's ability to secure the most promising deals, affecting its market position.

What makes Lightspeed Commerce unique

  • Lightspeed Commerce's investment strategy spans a diverse range of industries, from crypto services to B2B marketplaces, showcasing its versatility and broad market reach.
  • The firm's involvement in early-stage funding rounds, such as Beyond Odds Technologies, highlights its commitment to nurturing innovative startups from the ground up.
  • Lightspeed's global presence and participation in significant funding rounds, like Matrixport's $100M Series C, position it as a key player in the venture capital landscape.

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