At a Glance
- Tasks: Support the Commercial Legal team in drafting and negotiating agreements for Formula 1.
- Company: Join the iconic Formula 1 team, a leader in sports innovation.
- Benefits: Enjoy private healthcare, free snacks, and 25 days annual leave.
- Why this job: Be part of a dynamic environment that values your ideas and contributions.
- Qualifications: Law degree or equivalent, with at least 1 year of paralegal experience.
- Other info: Opportunities for personal growth and training in a fast-paced industry.
The predicted salary is between 36000 - 60000 ÂŁ per year.
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Direct message the job poster from Formula 1
Are you ready to make your mark in the world of Formula 1?
At Formula 1, we are passionate about delivering the world’s greatest sports and entertainment spectacle leaving a positive legacy wherever we race. Innovation has always been at the heart of what we do ever since our first Grand Prix in 1950. Now, 75 years on, the sport remains a pioneer, developing technologies that have made a significant impact on society beyond the track.
Everything you see on screen or at an event comes via our passionate and dedicated people. Whether its engineering, broadcast, legal, logistics, security, event management, commercial, media rights, marketing, or communications there is always a talented team working to maximise the potential of the sport.
We are seeking a highly motivated paralegal to join the Commercial Legal team, responsible for the legal work associated with supporting Formula 1’s revenue generating agreements with broadcasters, distributors of F1 TV, Global Partners & Official Sponsors and licensees (including experiential and gaming partners) as well as key service providers and advising the wider business in relation to brand protection, advertising standards and data protection compliance.
You will join a team of nine lawyers and two other paralegals, overseen by a Chief Counsel, and your role will involve supporting the work of the team’s lawyers and, with appropriate training and supervision, managing your own workstreams.
What you can expect to work on
As a Paralegal in the Commercial Legal team, you will support on the following workstreams:
- assisting with drafting and negotiating media rights agreements, in particular those relating to Formula 1’s various support series, F2 & F3, Porsche Supercup and the recently launched F1 Academy, as well as ancillary content licences;
- assisting with drafting letters of variation to existing agreements in place with F1 broadcasters, partners and licensees;
- supporting the Procurement team in relation to agreements for the provision of goods and services, including reviewing and negotiating F1’s and supplier standard terms and conditions as well as data processing addendums;
- supporting relevant internal stakeholders in completing Data Protection Impact Assessments;
- drafting and negotiating non-disclosure agreements (NDAs), based on both F1’s and counter-parties standard terms, and maintaining records of executed NDAs;
- assisting with ad hoc agreements and consumer-facing terms and conditions, supporting the Marketing, Advertising Sales and Digital teams;
- responding to day-to-day enquiries from internal clients and external counterparties;
- supporting commercial teams in their management of the above contracts (including acting as the Legal team point of contact where relevant);
- preparing know-how/research notes on relevant legal/contractual issues; and
- updating template documents and “playbooks” that aim to make workstreams more efficient.
Candidates will be able to demonstrate the following experience:
- working as a paralegal within a leading City or national law firm or as part of an in-house legal team for at least 1 year;
- experience of working with commercial contracts and some experience in legal drafting; and
- sound knowledge of English law and legal system.
We would like to meet candidates who:
- have a Law Degree, or an Undergraduate Degree and the GDL, or an equivalent.
- are enthusiastic, have a can-do attitude and a willingness to expand their skillset;
- are agile, can manage multiple workstreams simultaneously and deliver results under pressure to a deadline;
- have excellent written and verbal communication skills, with the ability to effectively communicate legal concepts to non-legal stakeholders;
- pride themselves on having a high degree of attention to detail;
- are team players and understand of the importance of building relationships with internal clients, peers and external partners;
- with appropriate training and supervision, take responsibility for own workstreams and are solution-orientated problem solvers; and
- are curious about the business of sport and Formula 1.
Why join the force behind the sport?
Joining F1 means becoming part of a team that values innovation, collaboration and personal growth. We offer a dynamic work environment where ideas are heard, and employee contributions truly make an impact. We seek to recruit, develop, and retain the most talented people to play their role in accelerating the future of the sport. As a member of the F1 team, you will be able to access our amazing benefits:
- 4 x Grand Prix Paddock passes per season
- Enhanced maternity/paternity leave and other family planning policies
- A free staff shuttle service running to and from surrounding trains stations near to Biggin Hill
- Free healthy snacks in our offices
- Subsidised canteen in Biggin Hill, serving breakfast and lunch
- 25 days annual leave and 8 Bank Holiday days, plus a Christmas period closure
- Opportunities to develop and request training for your role via our in-house Learning and Development team
- Discount on F1 merchandise
- Discount at F1’s experiences including F1 Arcade and F1 Drive
- Perkbox benefit portal and more
Seniority level
- Entry level
Employment type
- Full-time
Job function
- Legal
Industries
- Broadcast Media Production and Distribution
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Paralegal, Commercial (2 Year FTC) employer: Formula 1
Contact Detail:
Formula 1 Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Paralegal, Commercial (2 Year FTC)
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those connected to Formula 1. Attend events, join relevant groups on social media, and don’t be shy about asking for informational interviews. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand what makes Formula 1 tick and be ready to discuss how your skills can contribute to their mission. Practice common interview questions and think of examples that showcase your experience with commercial contracts.
✨Tip Number 3
Show off your enthusiasm! When you get the chance to speak with someone from the team, let your passion for the sport shine through. Talk about why you love Formula 1 and how you can help them achieve their goals. A genuine interest can set you apart from other candidates.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining the team. Keep an eye on our careers page for new opportunities and updates!
We think you need these skills to ace Paralegal, Commercial (2 Year FTC)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Paralegal role. Highlight relevant experience, especially in commercial contracts and legal drafting. We want to see how your skills align with what we do at Formula 1!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to express your enthusiasm for the role and the sport. Tell us why you’re the perfect fit for our Commercial Legal team and how you can contribute to our mission.
Show Off Your Attention to Detail: In the legal world, attention to detail is key. Make sure your application is free from typos and errors. We appreciate candidates who take pride in their work and can communicate clearly and effectively.
Apply Through Our Website: We encourage you to apply through our website for the best chance of being noticed. It’s the easiest way for us to keep track of your application and ensure it gets to the right people. Don’t miss out!
How to prepare for a job interview at Formula 1
✨Know Your F1 Facts
Before the interview, brush up on your knowledge of Formula 1 and its legal landscape. Understand the key players, recent developments, and how commercial agreements impact the sport. This will show your enthusiasm and help you connect your legal expertise to their specific needs.
✨Showcase Your Legal Skills
Be prepared to discuss your experience with commercial contracts and legal drafting. Bring examples of your previous work that demonstrate your attention to detail and ability to manage multiple workstreams. Highlight any relevant projects where you’ve successfully navigated complex legal issues.
✨Communicate Clearly
Practice explaining legal concepts in simple terms, as you’ll need to communicate effectively with non-legal stakeholders. During the interview, focus on clarity and confidence in your responses, ensuring you can articulate your thoughts without jargon.
✨Demonstrate Team Spirit
F1 values collaboration, so be ready to discuss how you’ve worked as part of a team in the past. Share examples of how you’ve built relationships with colleagues and clients, and how you’ve contributed to a positive team environment. Show them you’re not just a great paralegal, but also a great teammate!