AdresseAbbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 115,000 colleagues serve people in more than 160 countries.
Working at Abbott
At Abbott, you can do work that matters, grow, and learn, care for yourself and family, be your true self and live a full life. You’ll also have access to:
- Career development with an international company where you can grow the career you dream of
- Free medical coverage for employees* via the Health Investment Plan (HIP) PPO
- An excellent retirement savings plan with high employer contribution
- Tuition reimbursement, the Freedom 2 Save student debt program and FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree
- A company recognized as a great place to work in dozens of countries around the world and named one of the most admired companies in the world by Fortune
- A company that is recognized as one of the best big companies to work for as well as a best place to work for diversity, working mothers, female executives, and scientists
The Opportunity
Abbott is currently seeking an experienced transactional attorney to lead Abbott’s team of in-house attorneys in acquisitions, mergers, divestitures, equity investments, and other complex transactions, including cross-border transactions, for all Abbott businesses. Works closely with senior leaders in all Abbott businesses, as well as in Abbott’s Legal Division, Corporate Licensing & Acquisitions and Ventures organizations, and other Corporate functions.
The successful candidate will possess demonstrated expertise in handling and managing mergers and acquisitions. Experience with cross-border transactions is strongly preferred.
What You’ll Work On
- Active involvement in and management of all aspects of acquisitions, divestitures, and equity investments, including structuring transactions, conducting due diligence, negotiating transactions, drafting agreements, and advising internal stakeholders;
- Identifying issues, developing and evaluating alternatives, and implementing solutions; and
- Advising business leaders on legal and other issues and collaborating with business leaders, legal colleagues, and outside counsel to drive desired outcomes.
Location of Position
- Located at Abbott’s headquarters in Abbott Park, Illinois or at our Chicago office, Willis Tower
- This role will report to the Abbott Vice President of Specialty Legal
Managerial Duties
- Will manage a small team of lawyers and support professionals.
**Applicants should submit a list of transactions worked on when submitting a resume**
Critical Success Factors
Collaboration
- Cultivates and utilizes an extensive internal and external network
- Works well with Legal/OEC and other Abbott stakeholders and appropriately integrates their perspectives
Executive Engagement
- Effectively communicates with and influences stakeholders at all levels, including executive leadership
- Clear and concise presentation and communication skills, delivering content that is appropriately tailored to audience needs
Judgment
- Understands what work is most important and prioritizes the team’s efforts
- Listens critically, asks questions, and makes sound decisions, especially when limited information is available
- Rational, calm, and pragmatic, especially in crisis and high-stakes decision making
- Knows how and when to elevate information for input, alignment, and decision making
Leadership
- Builds diverse, high performing teams focused on the most impactful work
- Works through team to achieve positive outcomes
- Coaches, develops, and objectively evaluates talent and builds strong succession plans
- Inspires and drives engagement, accountability, equity, and inclusion
- Creates an open environment for input, feedback, and differing perspectives
Results Driven
- Knowledgeable about and engaged with Abbott business
- Flexible and pragmatic; balances risk mitigation and business goals
- Solves complex problems with business acumen, creativity, and an appropriate sense of urgency
- Leads and drives significant projects or initiatives to successful completion
Strategic Thinking
- Integrates a broad, global perspective in planning and decision making and carefully considers Abbott-wide impact
- Identifies/analyzes critical factors that influence short and long-term success; develops and executes plans accordingly
- Able to acquire knowledge effectively and adapt to a changing environment
- Engages with and incorporates input from Abbott corporate functions as necessary (e.g., Public Affairs, Government Affairs, Investor Relations)
Qualifications
- Possess a Juris Doctorate degree from an accredited law school, demonstrate a strong academic background, and have, or be able to obtain, appropriate licensure to practice law in Illinois
- 12+ years of experience handling and managing mergers and acquisitions at a law firm and/or large corporation
- Experience handling and managing all aspects negotiated deals, including equity investments, acquisitions, asset purchases and sales, divestitures, license agreements, supply agreements, distribution agreements, stock purchase agreements, settlement agreements, joint venture agreements, and co-marketing agreements. Experience should include all phases of the transaction, including initial posturing, deal structuring, due diligence, term sheet and contract negotiation, advising business partners, issue resolution, and post contract disagreement resolution
- Health care, life sciences, or other regulated industry experience preferred
- Experience in market/product/technology assessment across a broad range of technologies
- Foundational knowledge of legal issues that relate to corporate structure, transactional structure, intellectual property, antitrust, health care regulations, and litigation
- Experience successfully navigating a matrix environment and effectively influencing cross-functional teams
- Proven ability to lead, inspire, and mentor attorneys and/or paralegals
- Demonstrated success in strategic interactions and negotiations with third parties
- Ability to handle multiple projects in fast-paced environment and exercise sound legal and business judgment
- Ability to independently handle highly complex matters with minimal supervision and understand how to appropriately and timely elevate critical issues to senior management
- Excellent interpersonal, strategic thinking, communication, and organizational skills
Employer of Choice
Through numerous local, national, and international accolades, Abbott is regarded as an employer of choice for our commitment to workplace excellence. Our employees are given the tools to succeed, lead and grow, with challenging opportunities and work that makes a difference. Through our diverse healthcare businesses, we connect people and potential in ways that no other company can. Discover a world of opportunities at Abbott.
Who We Are
We are legal professionals and business partners, and we use our expertise and judgment to guide Abbott’s businesses through the challenges that come with operating in complex global environments.
What We Offer
Abbott Legal provides meaningful and challenging work on a global scale. We are a dynamic organization and we develop our employees to meet the evolving needs of the company.
How We Work
We are collaborative, curious, and pragmatic. We value diversity of background, experience, and thought in our teams. We are expected to be holistic thinkers who see the big picture, and make thoughtful, informed decisions.
Apply Now
* Participants who complete a short wellness assessment qualify for FREE coverage in our HIP PPO medical plan. Free coverage applies in the next calendar year.
Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives: www.abbottbenefits.com
Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity.
Connect with us at www.abbott.com, on Facebook at www.facebook.com/Abbott and on Twitter @AbbottNews and @AbbottGlobal
The base pay for this position is $231,300.00 – $462,700.00. In specific locations, the pay range may vary from the range posted.
