Commercial Legal Counsel
Commercial Legal Counsel

Commercial Legal Counsel

London Full-Time 36000 - 60000 Β£ / year (est.) No home office possible
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At a Glance

  • Tasks: Join our Group Legal team to draft and negotiate commercial contracts in the financial services sector.
  • Company: M&G, a leading savings and investments firm with over 175 years of innovation.
  • Benefits: Enjoy 38 days annual leave, a generous pension scheme, and comprehensive health cover.
  • Why this job: Make a real impact by supporting strategic projects and advising on legal risks.
  • Qualifications: Qualified lawyer with at least 6 years PQE in financial services.
  • Other info: Flexible working arrangements and a commitment to diversity and inclusion.

The predicted salary is between 36000 - 60000 Β£ per year.

Our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, we have a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions.

Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long-term investment and savings solutions.

Through telling it like it is, owning it now, and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent.

We will consider flexible working arrangements for any of our roles and also offer work place accommodations to ensure you have what you need to effectively deliver in your role.

Purpose

We are seeking a skilled and commercially astute lawyer to join as a permanent member of our Group Legal team within M&G, supporting the business on a wide range of commercial and contractual matters. This role is ideal for someone with solid experience in drafting and negotiating commercial contracts within the financial services sector and who is able to provide sound commercial risk assessments on legal issues.

Key Responsibilities

The role encompasses a broad range of legal skills, focused on commercial contracting and encompassing legal advisory, contractual structuring and execution, drafting and negotiating documentation and supporting the company’s strategic commercial projects.

Job & Personal Skills:

Key competencies:

  • Draft, review, and negotiate a variety of commercial contracts including service agreements, procurement contracts, NDAs, technology agreements and outsourcing arrangements.
  • Advise internal stakeholders on legal risks and mitigation strategies related to contractual obligations.
  • Support cross-functional teams including procurement, compliance and operations on contract-related matters.
  • Ensure contracts comply with applicable laws, regulations, and internal policies, particularly those relevant to financial services (e.g., FCA, PRA).
  • Assist with contract lifecycle management and contribute to process improvements.
  • Liaise with external counsel when required and manage legal spend effectively.
  • Provide training and guidance to business teams on contractual best practices and legal awareness.
  • Personal qualities:

  • Strong drafting and analytical skills and attention to detail
  • Strong commercial judgement and ability to be decisive
  • Intellectually curious with a desire to learn and develop their skills
  • A willingness to challenge/debate and offer own views
  • Tenacious and resilient; willing to go beyond the job description
  • Transparent and a good communicator. Works effectively both independently and when collaborating within the team and across other functions
  • Ability to communicate clearly and effectively with stakeholders and influence and advise at all levels of seniority.
  • Strong organisational skills
  • Flexible with the ability to adapt to changing priorities and fluid deadlines.
  • Qualifications

    Qualified lawyer (there is no requirement that the candidate must be English qualified)

    Knowledge & Experience

  • Qualified lawyer with at least 6 years PQE, with experience in private practice, or in-house, in the financial services space.
  • Strong academic credentials
  • Experience Level: Manager / Expert

    Recruiter: Helen Simons

    What we offer:

    At M&G, we’re committed to helping you thrive and supporting your wellbeing, both at work and beyond. Our benefits are designed to help you balance your professional and personal life, while planning confidently for your future. Our UK benefits include:

  • As a savings and Investments firm we are proud to offer a valuable pension scheme of 18% , with 13% made up of Employer Contributions and 5% Employee Contributions .We also offer Share Save and our Share Incentive Plan , together with access to financial wellbeing and support services – to help give you real confidence to put your money to work.

  • Enjoy 38 days annual leave including bank holidays, with the opportunity to purchase up to 5 extra days and additional flexibility through our Time Off When You Need It policy – to balance your work and personal commitments.

  • Our market leading Inspiring Families policy includes comprehensive support and paid parental leave covering maternity, adoption, surrogacy, and paternity leave – as supporting families is a core aspect of our inclusive culture.

  • Health & Protection cover including Private Healthcare , Critical Illness cover and Life Assurance for you, with family options – for peace of mind.

  • To explore more about life at M&G and our full benefits offering, visit

    We have a diverse workforce and an inclusive culture at M&G, underpinned by our policies and our employee-led networks who provide networking opportunities, advice and support for the diverse communities our colleagues represent. Regardless of gender, ethnicity, age, sexual orientation, nationality, disability or long term condition, we are looking to attract, promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks.

    M&G is also proud to be a , and we welcome applications from candidates with long-term health conditions, disabilities, or neuro-divergent conditions.

    If you need assistance or an alternative means of applying for a role due to a disability or additional need, please let us know by contacting us at:

    Commercial Legal Counsel employer: M&G

    At M&G, we pride ourselves on being an exceptional employer that fosters a supportive and inclusive work environment. With a strong commitment to employee wellbeing, we offer generous benefits such as an 18% pension scheme, 38 days of annual leave, and comprehensive family support policies. Our culture encourages professional growth and collaboration, making it an ideal place for talented individuals to thrive in their careers while contributing to meaningful financial solutions.
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    Contact Detail:

    M&G Recruiting Team

    StudySmarter Expert Advice 🀫

    We think this is how you could land Commercial Legal Counsel

    ✨Tip Number 1

    Network like a pro! Reach out to your connections in the legal and financial services sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!

    ✨Tip Number 2

    Prepare for interviews by researching M&G’s values and recent projects. Tailor your responses to show how your skills in drafting and negotiating contracts can directly benefit their team. Remember, it’s all about demonstrating your commercial acumen!

    ✨Tip Number 3

    Practice your negotiation skills! Mock negotiations with friends or colleagues can help you articulate your thoughts clearly and confidently. This is crucial for a role that involves advising on legal risks and contractual obligations.

    ✨Tip Number 4

    Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, you’ll find all the latest roles and updates about life at M&G right there. Let’s get you that dream job!

    We think you need these skills to ace Commercial Legal Counsel

    Drafting Commercial Contracts
    Negotiating Contracts
    Legal Advisory
    Contractual Structuring
    Risk Assessment
    Compliance with Financial Regulations
    Contract Lifecycle Management
    Stakeholder Communication
    Organisational Skills
    Adaptability
    Analytical Skills
    Commercial Judgement
    Team Collaboration
    Training and Guidance

    Some tips for your application 🫑

    Tailor Your Application: Make sure to customise your CV and cover letter for the Commercial Legal Counsel role. Highlight your experience in drafting and negotiating commercial contracts, especially within the financial services sector, to show us you’re the right fit.

    Showcase Your Skills: Don’t just list your qualifications; demonstrate your strong drafting and analytical skills. Use specific examples from your past work to illustrate how you've provided sound commercial risk assessments and supported cross-functional teams.

    Be Authentic: We love transparency! Be yourself in your application. Share your personal qualities, like your willingness to challenge ideas and your tenacity. This helps us see how you’d fit into our team culture at M&G.

    Apply Through Our Website: For the best chance of success, apply directly through our website. It’s the easiest way for us to receive your application and ensures you don’t miss out on any important updates from us!

    How to prepare for a job interview at M&G

    ✨Know Your Contracts

    Make sure you brush up on your knowledge of commercial contracts, especially those relevant to the financial services sector. Be prepared to discuss specific examples of contracts you've drafted or negotiated, and how you assessed legal risks. This will show that you understand the nuances of the role.

    ✨Showcase Your Commercial Acumen

    During the interview, highlight your ability to provide sound commercial risk assessments. Think of scenarios where you've had to make tough decisions based on legal advice and be ready to explain your thought process. This demonstrates your strong commercial judgement, which is key for this position.

    ✨Engage with Stakeholders

    Prepare to discuss how you've effectively communicated with various stakeholders in previous roles. Share examples of how you've influenced decisions or provided training on contractual best practices. This will illustrate your ability to work collaboratively across teams, a vital aspect of the job.

    ✨Be Ready for Scenario Questions

    Expect scenario-based questions that test your problem-solving skills. Think about potential challenges you might face in this role and how you would address them. This shows your intellectual curiosity and willingness to engage in debate, which are qualities they value.

    Commercial Legal Counsel
    M&G
    Location: London
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    • Commercial Legal Counsel

      London
      Full-Time
      36000 - 60000 Β£ / year (est.)
    • M

      M&G

      1000+
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