Commercial Counsel

Overview

With more than 25 years in business, The Parking Spot has grown into the largest near-airport parking company in the United States with over 2,000 valued team members across over 40 locations nationwide. We are proud to offer an Employee Ownership Program, allowing every team member the opportunity to receive a direct financial stake in The Parking Spot’s success. As employee owners, every one of us plays a part in providing exceptional service to our guests across the country.

What makes working at The Parking Spot so special? We’ve built a culture of support, fun, and camaraderie that empowers us to be the most innovative company in the parking industry. As a nationwide business with a small business feel, there are endless opportunities within The Parking Spot to grow your career. Come join us and see how we leverage people and technology to deliver a superior product, outshine our competition, and find creative and innovative solutions to everyday problems.

Salary: $130,000 - $145,000

What We Offer

• Participation in and financial benefit from our shared employee ownership program
• Hybrid work experience in downtown Chicago
• Career development and growth opportunities
• Ability to gain exposure to all areas of the business
• Great benefits including Medical, Vision, Dental and a 401k plan
• Annual discretionary bonus program
• Team oriented, fun and friendly work environment
• Immediate opportunity to make a large impact

Our offices are based in the heart of the Loop in downtown Chicago, but we are pleased to note that our Chicago office is operating on a hybrid work model (mix of in-office and remote work).

The Parking Spot’s Legal Department is responsible for handling day-to-day legal matters for the Company including contract drafting/review/negotiations, corporate controls and procedures, corporate governance and compliance, dispute resolution, insurance claim management, litigation, and mergers and acquisitions. The Commercial Counsel works closely with each department and is responsible for transactional and commercial legal matters relating to the operation of the Company and acts as a key legal advisor on corporate and jurisdictional legal issues affecting national parking organization including owning, managing, leasing, and operating The Parking Spot’s national facilities.

This role reports to the General Counsel and Chief Regulatory Officer.

• Negotiate and implement complex legal agreements including:
  Sales Agreements;
  Asset Management Agreements;
  Information Technology Agreements;
  Marketing Agreements;
  Master Service Agreements and Statements of Work; and Construction Agreements.
• Lead and optimize the contract lifecycle management process, including template maintenance, approval workflows, obligation tracking and process automation.
• Support implementation, configuration and continuous improvement of CLM tools/systems.
• Develop and refine contract templates, playbooks and negotiation guidelines.
• Conduct training sessions for business teams on contracting best practices, processes and tool usage.
• Negotiate and implement commercial leasing agreements.
• Advise on legal rights and obligations relating to all Company legal agreements.
• Advise on environmental issues related to real estate.
• Advise on zoning and land use issues related to real estate.
• Assist in Mergers and Acquisitions related transactions and related diligence.
• Develops and owns execution of role-specific department critical initiatives.
• Independently and consistently delivers top-quality work product on highly sophisticated and diverse tasks.
• Negotiate, draft, and review a wide variety of complex commercial agreements, permits and licenses.
• Supervise outside counsel’s work in support of transactional matters.
• Supporting strategic projects and other tasks or responsibilities assigned by the General Counsel and Associate General Counsel.

• Bar admission in any jurisdiction with good standing.
• Minimum 3 years general corporate and transactional experience at a law firm and/or in-house legal department.
• Experience drafting and negotiating complex commercial agreements while…