AVP, Counsel, Commercial at Sotheby’s

New York, New York, United States

Sotheby’s Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Art, Luxury Goods, AuctionsIndustries

Requirements

  • Bachelor’s Degree and JD – admitted, active and in good-standing with the New York State bar
  • 5-7 years of experience at a large firm, including training 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, and presentation skills
  • A sound understanding of commercial and corporate law principles
  • Strong communication and interpersonal skills
  • Excellent business judgment and ability to assess and balance legal risk while also thinking strategically and providing practical advice
  • Ability to translate legal issues into clear 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
  • 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 service for commercial business operations, including for consignments and sales, services, consultants, partnerships, and various other agreements
  • Provide legal advice 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
  • Participate in ongoing development of our internal processes with an emphasis on efficiency and scalability, creating playbooks and proactively identifying opportunities for enhancement
  • Develop and lead trainings for business partners and legal team on commercial legal issues, internal processes, and procedures
  • 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

Skills

Contract Drafting
Contract Negotiation
Contract Review
Commercial Law
Risk Management
Legal Advice
Auction Agreements
Private Sales
E-commerce Terms
Consignment Agreements
Playbooks Development
Legal Training

Sotheby’s

Auction house for fine art

About Sotheby’s

Sotheby's is a global auction house that specializes in selling fine art, luxury items, and collectibles through live and online auctions, as well as private sales. The company provides online estimates to help sellers determine the value of their items, which is a key differentiator from competitors. Sotheby's holds auctions in major cities worldwide, attracting a diverse audience and ensuring a competitive market for high-end items. The goal is to connect buyers and sellers in the luxury market while offering a personalized and discreet experience.

New York City, New YorkHeadquarters
1744Year Founded
$4MTotal Funding
POST_IPO_EQUITYCompany Stage
Real Estate, Consumer GoodsIndustries
1,001-5,000Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Paid Vacation
Paid Sick Leave
Paid Holidays
401(k) Company Match
Professional Development Budget

Risks

NFT market volatility poses financial risks for Sotheby's digital collectibles sales.
Recent staff layoffs indicate potential financial instability or auction performance downturn.
The $100 million Breuer building acquisition could strain financial resources if unprofitable.

Differentiation

Sotheby's offers both live and online auctions, catering to diverse client preferences.
The company provides private sales for clients seeking privacy and exclusivity in transactions.
Sotheby's expertise in valuing rare items attracts high-end collectors and investors.

Upsides

Sotheby's collaboration with The Luxury Group offers unique luxury auction experiences.
The acquisition of the Breuer building enhances Sotheby's brand and auction venue prestige.
Sotheby's acceptance of cryptocurrency payments attracts crypto-wealthy buyers.

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