Corporate Counsel

Lambda; San Francisco (CA); Hybrid; USD 180,000 - 260,000; Full time

Benefits offered by this job

Health, dental, and vision coverage

401k with company match

Flexible paid time off

Job summary

Lambda, The Superintelligence Cloud, is a leader in AI cloud infrastructure with a mission to make compute ubiquitous. The Corporate Counsel will support governance, equity administration, and transactional matters, including potential IPO readiness, reporting to the Associate General Counsel, Corporate.

Role involves managing cap table in Carta, preparing board materials, and assisting international entities.

Qualifications

• JD from an accredited law school and admission to practice in at least one U.S. jurisdiction (California bar preferred).
• 3+ years of combined law firm and/or in-house experience, with strength in corporate transactions, governance and equity administration.
• Solid corporate background covering governance, financings, and entity management.

Responsibilities

• Counsel on corporate transactions including equity fundraising rounds, debt financings, M&A and strategic investments.
• Manage equity administration and cap table activities in Carta and related equity documentation.
• Prepare board and committee materials and maintain entity registrations and filings.

Skills

Corporate governance

Equity administration

M&A and financings

Negotiation

Communication

Regulatory compliance

Education

JD from accredited law school

Tools

Carta

Contract management system

Job description

Lambda, The Superintelligence Cloud, is a leader in AI cloud infrastructure serving tens of thousands of customers. Our customers range from AI researchers to enterprises and hyperscalers. Lambda's mission is to make compute as ubiquitous as electricity and give everyone the power of superintelligence. One person, one GPU.

If you'd like to build the world's best AI cloud, join us.

*Note: This position requires presence in our San Francisco office location 4 days per week; Lambda’s designated work from home day is currently Tuesday.

What You’ll Do

As Corporate Counsel at Lambda, you will perform a broad range of legal work with a primary focus on supporting and overseeing a variety of corporate governance, equity administration, securities and transactional matters, with a potential focus on preparing for and executing a public offering. You will report to Lambda’s Associate General Counsel, Corporate.

• Corporate Transactions: Provide counseling, support, and organization to enable key business initiatives like equity fundraising rounds, debt financings, M&A and strategic investments.

• Equity Management:

  • Maintain and update the cap table in Carta, draft equity grant approvals, field employee equity questions, update equity grant documentation, coordinate quarterly 409A valuations.

  • Manage an active secondary sale market from receipt of a transfer proposal through coordinating closing logistics and updating the cap table.

• Corporate Governance:Prepare board and committee materials (resolutions, minutes, written consents) and manage entity maintenance tasks, including registrations and filings.

• Subsidiaries: Assist in the formation and dissolution of entities to support Lambda’s ever growing financing and development structures, including international entities, and support changes in entity structure.

• People & Culture: Partner with the People teams to support various initiatives to support Lambda’s culture. Projects may include advising on employee and management handbooks and developing and delivering training for employees on various legal adjacent topics (e.g. equity compensation).

• Research and Process Improvement: Monitor evolving industry regulations and leverage legal-tech solutions to automate workflows, streamline contract review, and drive continuous process enhancements.

• As-Needed Legal Support: Collaborate on employment, IP, debt financings, equity administration support, and ad hoc projects as priorities shift.

You

• JD from an accredited law school and admission to practice in at least one U.S. jurisdiction (California bar preferred or in-house registration).

• 3+ years of combined law firm and/or in-house experience, with demonstrated strength supporting corporate transactions, governance and equity administration.

• Solid corporate background covering governance, financings, and entity management.

• Exceptional drafting and negotiation skills, with an ability to balance legal risk against business objectives.

• Strong interpersonal and communication skills; adept at collaborating with stakeholders at all levels.

• Proactive mindset, meticulous attention to detail, and ability to manage competing priorities in a fast-paced environment.

Nice to Have

• Experience at a late-stage private or pre-IPO company.

• Familiarity with public-company readiness, IPO processes, and 34 Act filings.

• Experience negotiating procurement/commercial agreements.

• Experience with debt financings.

Salary Range Information

The annual salary range for this position has been set based on market data and other factors. However, a salary higher or lower than this range may be appropriate for a candidate whose qualifications differ meaningfully from those listed in the job description.

About Lambda

• Founded in 2012, with 500+ employees, and growing fast

• Our investors notably include TWG Global, US Innovative Technology Fund (USIT), Andra Capital, SGW, Andrej Karpathy, ARK Invest, Fincadia Advisors, G Squared, In-Q-Tel (IQT), KHK & Partners, NVIDIA, Pegatron, Supermicro, Wistron, Wiwynn, Gradient Ventures, Mercato Partners, SVB, 1517, and Crescent Cove

• We have research papers accepted at top machine learning and graphics conferences, including NeurIPS, ICCV, SIGGRAPH, and TOG

• Our values are publicly available: https://lambda.ai/careers

• We offer generous cash & equity compensation

• Health, dental, and vision coverage for you and your dependents

• Wellness and commuter stipends for select roles

• 401k Plan with 2% company match (USA employees)

• Flexible paid time off plan that we all actually use

Equal Opportunity Employer

Lambda is an Equal Opportunity employer. Applicants are considered without regard to race, color, religion, creed, national origin, age, sex, gender, marital status, sexual orientation and identity, genetic information, veteran status, citizenship, or any other factors prohibited by local, state, or federal law.