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Full-Time

Principal Legal Counsel

Direct Procurement

Confirmed live in the last 24 hours

Medtronic

Medtronic

5,001-10,000 employees

Develops and manufactures medical devices and therapies

Healthcare
Biotechnology

Compensation Overview

$156.8k - $235.2kAnnually

+ Short-term incentive (Medtronic Incentive Plan)

Senior

Minneapolis, MN, USA

Ideally resides in Minneapolis, MN or another US Medtronic office location.

Category
Legal
Legal & Compliance
Requirements
  • JD from a nationally recognized law school.
  • Licensed to practice in at least one US state or the District of Columbia.
  • 5+ years of experience drafting and negotiating contracts as a practicing attorney with demonstrated ability and experience with complex commercial transactions.
Responsibilities
  • Provide legal advice and transactional support within the Global Operations & Supply Chain (GOSC) Legal Organization to a broad range of Medtronic business clients that are seeking to acquire goods and services from suppliers.
  • Coordinate the delivery of these transactional legal services with cross-functional and subject matter experts within Medtronic.
  • Analyze, draft, and negotiate broad range of agreements including complex product development, supply chain, and contract manufacturing agreements with third parties.
  • Advise and counsel business clients on a variety of business transactions and operational matters by providing clear, practical, and timely advice on matters such as risk mitigation, relevant laws, and emerging trends.
  • Support dispute resolution with third parties by utilizing negotiation skills, settlements, and legal expertise.
  • Collaborate with key stakeholders on the recommended structure of agreements.
  • Partner with subject matter experts across a global matrixed organization, including coordination with Security, Regulatory, Quality, Federal Contracts and Trade Compliance.
  • Work collaboratively with other lawyers, paralegals and administrative staff to provide the legal support for the areas described above.
  • Collaborate with a team to update template agreements, draft playbooks, and provide training to support a consistent contracting standards and process.
  • Participate in other projects as assigned or as needed.

Medtronic provides medical technology, services, and solutions to improve patient care. The company develops a variety of medical devices, including pacemakers, insulin pumps, surgical tools, and neurostimulation devices, which help diagnose, prevent, and treat chronic diseases. These products are used by hospitals and healthcare professionals around the world. Medtronic stands out from competitors by not only focusing on product development but also offering comprehensive services such as training for healthcare providers and patient management programs. The goal of Medtronic is to enhance patient outcomes and lower healthcare costs through their advanced medical solutions.

Company Stage

IPO

Total Funding

$3.2M

Headquarters

Fridley, Minnesota

Founded

N/A

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Medtronic's recent product innovations, such as the InterStim Micro Neurostimulator and remote monitoring systems, highlight its commitment to advancing medical technology.
  • The company's expansion in Asia, including the launch of the Robotics Experience Studio, indicates strong growth potential in emerging markets.
  • Strategic partnerships and acquisitions, like the collaboration with Ramsay Health Care and the acquisition of Paceart Optima, enhance Medtronic's capabilities and market position.

What critics are saying

  • The highly competitive medical technology market requires Medtronic to continuously innovate to maintain its leadership position.
  • Integration challenges from acquisitions and partnerships could potentially disrupt operations and delay product development.

What makes Medtronic unique

  • Medtronic's extensive R&D investment enables continuous innovation in medical technology, setting it apart from competitors who may not have the same level of resources.
  • The company's global reach, operating in over 150 countries, provides a significant advantage in market penetration and customer base.
  • Medtronic's comprehensive suite of products and services, including training and patient management programs, offers a holistic approach to healthcare that many competitors lack.