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Legal Counsel @Ritual

[Hiring] Legal Counsel @Ritual

Jan 28, 2025 - Ritual is hiring a remote Legal Counsel. 💸 Salary: highly competitive compensation package, including annual discretionary bonus. 📍Location: USA.

This description is a summary of our understanding of the job description. Click on 'Apply' button to find out more.

Role Description

As the first in-house legal hire, you will be responsible for setting up and managing all aspects of the legal framework for the company. This is a hands-on role requiring a proactive problem-solver with a deep understanding of corporate, employment, and regulatory legal matters, especially in Web3 and AI. You will provide strategic legal advice to the executive team while ensuring compliance and mitigating risks as the company scales.

  • Build the legal function from the ground up, including creating policies, processes, and templates to support the company’s growth.
  • Serve as a trusted advisor to the executive team and board on legal, regulatory, and business matters.
  • Oversee corporate governance, ensuring compliance with all relevant regulations and best practices.
  • Draft and manage board resolutions, minutes, and shareholder agreements.
  • Draft, review, and negotiate a wide range of agreements, including commercial, vendor, partnership, and employment contracts.
  • Establish a contract management system to streamline workflows and improve efficiency.
  • Develop and maintain compliance programs, particularly in areas related to GDPR, AML, OFAC, etc.
  • Ensure adherence to data privacy, employment law, and intellectual property laws.
  • Stay updated on regulatory developments that impact the company, particularly within blockchain/AI.
  • Partner with cross-functional teams to address compliance risks proactively.
  • Identify potential legal and regulatory risks and recommend risk mitigation strategies.
  • Handle disputes, litigation, and external counsel engagement as needed.
  • Support fundraising activities by providing legal guidance on term sheets, stock issuance, and investor agreements.
  • Oversee equity administration in partnership with internal teams.

Qualifications

  • J.D. from an accredited law school and active membership in at least one U.S. state bar.
  • 3+ years of relevant legal experience, including time at a top-tier law firm and/or as in-house counsel.
  • Experience working with early-stage or high-growth companies, particularly in web3/AI.
  • Strong expertise in corporate governance, contract law, regulatory compliance, and risk management.
  • Familiarity working with web3 teams.
  • Exceptional written and verbal communication skills.
  • Ability to work independently and proactively in a fast-paced environment.
  • Strong business acumen with the ability to balance legal and business priorities.

Benefits

  • Join a passionate group of engineers, researchers, and operators on a mission to build the next generation of AI infrastructure.
  • Highly competitive compensation package, including annual discretionary bonus & optimized tax structure compared to the vast majority of web3 startups.
  • Top 1% of benefits across the web3 startup space.
  • 100% of premiums covered on highest quality healthcare.
  • Aggressive company 401k match.
  • Fully remote and/or hybrid, up to you!
  • Participate in virtual and in-person events.
  • Much much more!

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Before You Apply
📍 Be aware of the location restriction for this remote position: USA
Beware of scams! When applying for jobs, you should NEVER have to pay anything. Learn more.
Legal Counsel @Ritual
Finance / Legal
Salary 💸 highly competitive compensation package, including annual discretionary bonus
Remote Location
USA
Job Type full-time
Posted Jan 28, 2025
Apply for this position Unlock 53,737 Remote Jobs
📍 Be aware of the location restriction for this remote position: USA
Beware of scams! When applying for jobs, you should NEVER have to pay anything. Learn more.
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