At a Glance
- Tasks: Draft and negotiate media rights agreements for Formula 1's digital operations.
- Company: Join the dynamic Commercial Legal Team at Formula 1, a leader in global motorsport.
- Benefits: Enjoy a one-year fixed term contract with opportunities for professional growth.
- Why this job: Be part of an exciting industry, working on high-profile projects with a passionate team.
- Qualifications: 7-10 years post qualification experience in commercial law, preferably in media rights.
- Other info: Ideal for those who thrive under pressure and are eager to learn about the F1 business.
The predicted salary is between 60000 - 84000 £ per year.
We are seeking a highly motivated senior commercial lawyer with between 7 and 10 years’ post qualification experience to join the Commercial Legal team on a one-year fixed term contract. The ideal candidate will have significant linear media rights and/or OTT licensing/distribution experience, and we would anticipate that this would include some period of time and experience in an in-house environment.
Commercial Legal Team
Formula 1’s Commercial Legal Team is responsible for the legal work associated with supporting Formula 1’s revenue generating agreements with broadcasters, sponsors and licensees (including experiential and gaming partners), its marketing activities, operation of streaming platform F1TV and agreements with key service providers. You will join a team of seven lawyers and two paralegals, overseen by the Chief Counsel, Commercial and will provide supervision and support to the junior members of the team.
What you can expect to work on:
As a senior lawyer in the Commercial Legal team, you will be responsible for drafting and negotiating a wide variety of media rights agreements, ranging from distribution of live Formula 1 event programming to ancillary agreements relating to documentary projects, feature films and TV series, and related agreements authorising content capture on behalf of existing F1 partners, as well as digital media rights agreements relating to the distribution/syndication of Formula 1’s OTT service. You may also be involved with the drafting and negotiation of sponsorship agreements, product and experiential licence agreements, and complex services agreements, such as those relating to website development or broadcast delivery.
You will support on the following workstreams:
- Day-to-day operation of Formula 1’s OTT service and other digital operations, analysing and providing comprehensive advice and practical recommendations to the business on the consumer, broadcast, data protection, and other regulatory considerations impacting the services, including advising on user journeys, terms and conditions, marketing materials, price promotions, etc.
- Supporting the Production team in relation to in-bound photography, music and audio-visual licences, location and contributor release forms, assignment of audio-visual content and related agreements.
- Ad hoc advice and agreements supporting the Marketing, Advertising Sales and Digital teams.
- Supporting the Procurement team in relation to agreements for the provision of goods and services, as well as data processing/sharing agreements.
Candidates will be able to demonstrate the following experience:
- Training and post-qualification experience at a leading law firm (e.g. City, US or West End law firm) or post-qualification experience within a reputable in-house legal team.
- Experience of working across a variety of commercial contracts with particular emphasis on digital and media rights and solid experience of legal drafting.
- Experience supervising junior lawyers/paralegals.
We would like to meet candidates who:
- Thrive in a fast-paced environment, are agile, and 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 nonlegal stakeholders.
- Prides themselves on having a high degree of attention to detail.
- Are team players and understand the importance of building relationships with internal clients, peers and external partners.
- Are enthusiastic, have a can-do attitude and a willingness to expand their skillset.
- Take responsibility for their own workstreams and are solution-orientated problem-solvers.
- Are prepared to invest in learning about the business of Formula 1 (recognising it will take time for new recruits to fully understand Formula 1’s various revenue streams and how Formula 1 contracts with its various partners).
Senior Legal Counsel - Digital/Media Rights Focussed - 12m FTC employer: Formula 1
Contact Detail:
Formula 1 Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Legal Counsel - Digital/Media Rights Focussed - 12m FTC
✨Tip Number 1
Familiarise yourself with the specific legal frameworks surrounding digital and media rights. Understanding the nuances of OTT licensing and distribution agreements will give you a significant edge in discussions during the interview process.
✨Tip Number 2
Network with professionals in the sports and media law sectors. Attend industry events or webinars related to broadcasting and digital rights to make connections that could provide insights or referrals for your application.
✨Tip Number 3
Prepare to discuss your experience in managing multiple workstreams under pressure. Think of specific examples where you've successfully navigated tight deadlines while maintaining high-quality legal output, as this is crucial for the fast-paced environment at Formula 1.
✨Tip Number 4
Show your enthusiasm for Formula 1 and its business model. Research their revenue streams and recent partnerships to demonstrate your commitment and understanding of how your role would contribute to their success.
We think you need these skills to ace Senior Legal Counsel - Digital/Media Rights Focussed - 12m FTC
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in digital and media rights, particularly any work with OTT licensing or distribution. Emphasise your post-qualification experience and any supervisory roles you've held.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss specific experiences that align with the responsibilities outlined in the job description, such as drafting media rights agreements or advising on regulatory considerations.
Showcase Your Communication Skills: Since excellent communication is key for this role, ensure your application reflects your ability to convey complex legal concepts clearly. Use straightforward language and provide examples of how you've communicated effectively with non-legal stakeholders.
Highlight Teamwork and Problem-Solving: Demonstrate your ability to work collaboratively by mentioning past experiences where you successfully worked within a team. Also, include examples of how you've approached problem-solving in high-pressure situations, as this is crucial for the fast-paced environment at Formula 1.
How to prepare for a job interview at Formula 1
✨Showcase Your Relevant Experience
Make sure to highlight your experience in digital and media rights, especially any work you've done with OTT licensing or distribution. Be prepared to discuss specific projects where you successfully negotiated contracts or provided legal advice.
✨Demonstrate Your Team Player Attitude
Since the role involves working closely with a team of lawyers and paralegals, emphasise your ability to collaborate and build relationships. Share examples of how you've supported junior colleagues or worked effectively within a team environment.
✨Prepare for Fast-Paced Scenarios
Given the dynamic nature of the role, be ready to discuss how you manage multiple workstreams under pressure. Provide examples of past experiences where you successfully delivered results within tight deadlines.
✨Communicate Legal Concepts Clearly
You’ll need to explain complex legal ideas to non-legal stakeholders. Practice articulating your thoughts clearly and concisely, perhaps by using relatable examples from your previous roles to illustrate your points.