
Commercial Counsel Fellowship
Remote · USFull-time$140–190K/yrPosted todayStill listed today
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At a glance
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Requirements
Credentials this posting asks for.
Job overview
Runway’s Commercial Counsel Fellowship is a full-time, one-year opportunity for early-career lawyers to gain in-house experience at an AI company. Fellows work with the Commercial Counsel team on live deals, receive training and mentorship, and learn to negotiate commercial agreements and advise business partners. The role is open to candidates across the U.S., with a preference for those near the New York City or San Francisco offices.
Skills & qualifications
Skills
Qualifications
Full job description
We are building AI to simulate the world through merging art and science.
We believe that world models are at the frontier of progress in artificial intelligence. Language models alone won’t solve the world’s hardest problems – robotics, disease, scientific discovery. Real progress requires models that experience the world and learn from their mistakes, the same way that humans do. And this kind of trial and error can be massively accelerated when done in simulation, rather than in the real world.
World models offer the most clear path to general-purpose simulation, changing how stories are told, how scientific progress is made and how the next frontiers of humanity are reached.
Our team consists of creative, open minded, caring and ambitious people who are determined to change the world. We aspire to continuously build impossible things and our ability to do so relies on building an incredible team. If you are driven to do the same, we'd love to hear from you.
*Titles posted to our careers page are updated regularly to best advertise the role and expected seniority, but internally we have a flat titling system with two types of titles: one for individual contributors and one for people managers.
About the role Preferable to have someone near one of our offices in NYC or San Francisco, but open to hiring around the US for the right candidate. Runway’s Commercial Counsel Fellowship is an intensive, full-time, 1 year venture dedicated to fostering high caliber early-career lawyers who want to build real in-house experience at a fast-moving AI company. You'll work directly alongside our Commercial Counsel team on live deals from your first weeks, with hands-on training and mentorship along the way. No prior commercial or in-house experience is required. We care more about sharp judgment, strong writing, and a fast learning curve than a specific background. Comfort working in a highly technical, rapidly evolving area of the law is a must. Whether you're coming from a law firm, a clerkship, or straight out of law school, we'll teach you how to negotiate commercial agreements and partner with the business.
What you'll do
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Draft, review, and negotiate Runway's commercial agreements, including B2B SaaS customer contracts for our generative AI platform and APIs, DPAs, partnership agreements, and vendor agreements, taking on more complex deals as you ramp
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Partner with the sales team with fast, practical answers that help close deals
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Help scale and automate our commercial processes and tools, including templates, playbooks, contract review automation, and our legal tech stack
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Learn the technical side of our generative AI products inside and out, so your advice to the business is grounded in how they work
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Research and track technical, legal, and policy developments in generative AI, and share what matters with the team
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Depending on your interests, contribute to projects across the broader legal team, such as privacy, IP, product counseling, or compliance
What you'll get
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Hands-on training in commercial contracting and in-house practice, with real ownership from early on
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Mentorship from experienced in-house lawyers, with regular feedback on your work
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Exposure to cross-functional teams across sales, partnerships, product, and marketing, and to the Runway Executive Team
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A front-row seat to the legal questions shaping generative AI video
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Potential to convert to a full-time role at the end of the fellowship, in Commercial Counsel or another area of the legal team
What you'll need
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A J.D. plus admission in good standing with at least one state bar (or sitting for the bar before the fellowship starts)
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0–3 years of legal experience, for example at a law firm, in a clerkship, in an in-house or government role
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A strong academic record and excellent legal writing and analytical skills
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Bias for action and a willingness to take ownership
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Growth mindset and an eagerness to learn quickly, take feedback, and improve how things get done
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Clear, practical communication with non-lawyers
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Operational mindset
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Excitement about generative AI and motivation to continuously learn more about the legal landscape governing a new and exciting industry
Nice to have
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Exposure to technology transactions, SaaS agreements, IP, or data privacy, through practice, coursework, a clinic, or a summer associate role
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Experience using AI tools in your own legal work
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Familiarity with how AI or software products are built
Runway strives to recruit and retain exceptional talent from diverse backgrounds while ensuring pay equity for our team. Our salary ranges are based on competitive market rates for our size, stage and industry, and salary is just one part of the overall compensation package we provide. There are many factors that go into salary determinations, including relevant experience, skill level and qualifications assessed during the interview process, and maintaining internal equity with peers on the team. The range shared below is a general expectation for the function as posted, but we are also open to considering candidates who may be more or less experienced than outlined in the job description. In this case, we will communicate any updates in the expected salary range. Lastly, the provided range is the expected salary for candidates in the U.S. Outside of those regions, there may be a change in the range, which again, will be communicated to candidates.
Working at Runway Great things come from great teams. We’d love to hear from you. We’re committed to creating a space where our employees can bring their full selves to work and have equal opportunity to succeed. So regardless of race, gender identity or expression, sexual orientation, religion, origin, ability, age, veteran status, if joining this mission speaks to you, we encourage you to apply. More about Runway
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Universal World Simulator
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GWM-1
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Gen-4.5
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General World Models
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Robotics SDK
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Conversational Real-time Agents
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Runway Studios
We're excited to be recognized as a best place to work: Crain's | InHerSight | BuiltIn NYC | INC
How this job compares
Set against the 445 open Commercial Counsel jobs on Olive Jobs, counted November 3, 2026.
- Pay
- This posting$140–190K/yr
- New York median$200–250K/yr50 salary ranges
- US median$157–232K/yr370 salary ranges
This range's midpoint, $165K, is 24% below the New York median midpoint ($219K) — in the lowest quarter of Commercial Counsel salary ranges in New York.
- Openings
- Olive Jobs lists 67 open Commercial Counsel jobs in New York and 445 across the US. 18% of them nationwide are listed as remote or flexible.
- Hiring the most in New York
- Sierra5 open
- Legora4 open
- ElevenLabs3 open
- Experience
- Commercial Counsel postings that state a minimum ask for 5 years of experience at the median; the middle half ask for 4 to 7 years (416 postings).
- Education
- This posting asks for a doctorate or professional degree; 348 of the 445 open Commercial Counsel jobs (78%) ask for a doctorate or professional degree.
Counted across the open, public US postings on Olive Jobs on November 3, 2026. Pay medians are the middle values of the low ends and of the high ends of postings that list both ends of a range in the same cadence (a yearly salary or an hourly rate); a range's midpoint is halfway between its ends. Pay and experience figures resting on fewer than 20 postings are left out.
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