Abbott 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 122,000 colleagues serve people in more than 160 countries.
JOB DESCRIPTION:
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.
Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year.
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
This position works out of our Madison, WI location
What You'll Work On
The successful candidate must possess strong knowledge of corporate and commercial/transactional law and demonstrated expertise in drafting and negotiating complex commercial agreements and advising and counseling clients on a range of business transactions and operational matters. Experience with general corporate law matters is preferred.
Core job responsibilities include:
Advising and ensuring that internal stakeholders receive sound, practical, and timely legal advice on a wide variety of legal matters related to operation of a commercial business that markets to healthcare professionals, healthcare institutions, US state and federal government agencies, retailers, and consumers.
Drafting, negotiating, and reviewing a wide range of agreements, including complex matters relating to sales, marketing, distribution, licensing, procurement, co-promotion, and research collaborations, as well as professional services, interface, and confidentiality agreements.
Reviewing marketing programs and promotional materials, and advising multidisciplinary teams on marketing strategies, to ensure compliance with FTC truth-in-advertising principles, Abbott policies, and applicable law.
Resolving legal issues using negotiation skills and legal expertise, including pre-litigation dispute resolution and settlements and responding to requests for information and subpoenas.
Assisting in the creation of new template agreements, playbooks, guidance documents, and training to support efficient contracting processes for various business functions.
Maintaining familiarity with laws that affect the business and providing basic counseling on those laws, including those relevant to sales and marketing of products to healthcare professionals and reimbursement by government programs, for example, laws related to fraud and abuse (Anti-Kickback Statute, False Claims Act), FDA regulatory, privacy (HIPAA), anti-corruption (Foreign Corrupt Practices Act), intellectual property, and regulations pertaining to research and development.
Providing legal guidance on payor agreements and related billing, reimbursement, compliance, and auditing requirements, and advising on payor and reimbursement disputes to mitigate legal risk.
Representing Abbott externally to suppliers and customers.
Helping select and/or directing the work of outside counsel, defining project objectives, managing projects, and monitoring outside counsel budgets.
Working in close cooperation with the compliance organization to coordinate and streamline efforts.
Identifying training needs and assisting in development and…