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Full-Time

Counsel – Commercial

Confirmed live in the last 24 hours

Sotheby’s

Sotheby’s

1,001-5,000 employees

Auction house for fine art

Consumer Goods

Compensation Overview

$175k - $225kAnnually

+ Bonus

Senior

New York, NY, USA

Category
Legal
Risk & Compliance
Legal & Compliance
Required Skills
Sales
Communications
Requirements
  • Bachelor’s Degree and JD required.
  • Admitted, active and in good standing with the New York State bar.
  • 5-7 years of experience, preferably including at a large firm as a general corporate attorney.
  • Knowledge of art law and/or art industry experience, and in-house experience, are each a plus.
  • Strong work ethic and ability to multitask, prioritize and manage numerous projects simultaneously in a fast-paced environment.
  • Excellent legal and analytical skills including drafting, negotiation, problem-solving and ability to think creatively.
  • A sound understanding of commercial and corporate law principles.
  • Strong attention to detail and quality of work product.
  • Exceptional communication, presentation and interpersonal skills.
  • Excellent business judgment and ability to assess and balance legal risk while also thinking strategically and providing practical advice.
  • Practical approach to legal drafting and problem solving and ability to translate legal issues into clear, 'plain English' guidance for non-lawyers.
  • Team player who can work collaboratively and who will roll up their sleeves and take on additional responsibilities, while also being able to work independently and think strategically.
  • Ability to work effectively with individuals at all organizational levels and develop productive internal and external relationships.
Responsibilities
  • Draft, review and negotiate agreements and terms of services for commercial business operations, including for consignments and sales, services, partnerships and various other agreements.
  • Advise all levels of the Company on commercial activities, including for auctions, private sales, e-commerce, valuations, advisory services, and other commercial activities, on deal structure, and on legal and reputational risk.
  • Drive continuous growth and development of our internal processes with an emphasis on efficiency and scalability, creating playbooks and proactively identifying opportunities for enhancement.
  • Ensure that Company policies and procedures are followed and that all related documents comply with Company policies and applicable laws and regulations.
  • Develop and lead trainings for business partners on legal issues, internal processes and procedures.
  • Create and update all necessary forms and agreements.
  • Engage as a practical and responsive legal advisor, continually improving commercial skills, strengthening relationships, and serving as a business-forward legal partner to the business.

Sotheby's is a global auction house that focuses on selling fine art, luxury items, and collectibles. It serves a variety of clients, including private collectors and investors, by organizing both live and online auctions, as well as offering private sales for direct transactions. Sotheby's makes money through commissions on sales and fees for appraisals. The company is distinguished by its expertise in valuing rare items and providing online estimates to potential sellers. Auctions are held in major cities worldwide, attracting a diverse audience of bidders. Sotheby's also curates special collections and offers a more private buying experience through its gallery network, catering to clients who value discretion.

Company Stage

N/A

Total Funding

$4M

Headquarters

New York City, New York

Founded

1744

Growth & Insights
Headcount

6 month growth

3%

1 year growth

3%

2 year growth

3%
Simplify Jobs

Simplify's Take

What believers are saying

  • Sotheby's groundbreaking $700 million securitization backed by art-secured loans demonstrates their innovative approach to art financing.
  • The company's strategic partnerships, such as with Art UK, enhance their cultural influence and market reach.
  • Sotheby's ability to attract high-profile collections and items, like the Tamotsu Yagi Collection, underscores their strong market position and appeal to elite collectors.

What critics are saying

  • Recent layoffs in the UK and potential further cuts could indicate financial instability and affect employee morale.
  • The departure of key figures, such as Brooke Lampley, may lead to a loss of expertise and impact the company's leadership in certain art categories.

What makes Sotheby’s unique

  • Sotheby's dual approach of live and online auctions, along with private sales, allows them to cater to diverse client preferences, unlike competitors who may focus solely on one method.
  • Their global presence in major cities like New York, London, and Hong Kong ensures a competitive market and attracts a worldwide audience, setting them apart from regional auction houses.
  • Sotheby's expertise in valuing and selling rare and valuable items, combined with their online estimate service, provides a unique value proposition for potential sellers.