--- title: 'Commercial Counsel Fellowship at Runway' canonical: 'https://feeny.ai/job/commercial-counsel-fellowship-runway-remote-e5cj51e3gp24' type: 'job' last_seen: '2026-11-03' --- # Commercial Counsel Fellowship at Runway - **Company:** Runway - **Location:** Remote - **Employment:** full-time - **Work type:** remote - **Posted:** 2026-11-03 - **Last confirmed live:** 2026-11-03 - **Apply:** https://jobs.ashbyhq.com/runway-ml/b03fbac5-d23d-4300-ae62-68d6cece1d9b ## 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 - 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 - Partner with the sales team with fast, practical answers that help close deals - Help scale and automate our commercial processes and tools, including templates, playbooks, contract review automation, and our legal tech stack - Learn the technical side of our generative AI products inside and out, so your advice to the business is grounded in how they work - Research and track technical, legal, and policy developments in generative AI, and share what matters with the team - Depending on your interests, contribute to projects across the broader legal team, such as privacy, IP, product counseling, or compliance ## What you'll get - Hands-on training in commercial contracting and in-house practice, with real ownership from early on - Mentorship from experienced in-house lawyers, with regular feedback on your work - Exposure to cross-functional teams across sales, partnerships, product, and marketing, and to the Runway Executive Team - A front-row seat to the legal questions shaping generative AI video - 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 - A J.D. plus admission in good standing with at least one state bar (or sitting for the bar before the fellowship starts) - 0–3 years of legal experience, for example at a law firm, in a clerkship, in an in-house or government role - A strong academic record and excellent legal writing and analytical skills - Bias for action and a willingness to take ownership - Growth mindset and an eagerness to learn quickly, take feedback, and improve how things get done - Clear, practical communication with non-lawyers - Operational mindset - Excitement about generative AI and motivation to continuously learn more about the legal landscape governing a new and exciting industry ## Nice to have - Exposure to technology transactions, SaaS agreements, IP, or data privacy, through practice, coursework, a clinic, or a summer associate role - Experience using AI tools in your own legal work - 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.](https://www.youtube.com/watch?v=kwmj4ato2kw&ab_channel=Runway) 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 - [Universal World Simulator](https://runwayml.com/world-simulator.html) - [GWM-1](https://runwayml.com/research/introducing-runway-gwm-1) - [Gen-4.5](https://runwayml.com/research/introducing-runway-gen-4.5) - [General World Models](https://runwayml.com/research/introducing-general-world-models) - [Robotics SDK](https://runwayml.com/research/introducing-runway-gwm-1#robotics-section) - [Conversational Real-time Agents](https://runwayml.com/research/introducing-runway-gwm-1#avatars-section) - [Runway Studios](https://runwayml.com/studios) We're excited to be recognized as a best place to work: [Crain's](https://www.crainsnewyork.com/awards/best-places-work-2023) | [InHerSight](https://www.inhersight.com/companies/best/city/new-york-city-ny) | [BuiltIn NYC](https://builtin.com/awards/new-york-city/2024/best-places-to-work) | [INC](https://www.inc.com/best-workplaces/2024) ## About Runway ## Company Overview - **One-liner**: Runway builds artificial intelligence to simulate the world, focusing on general world models for video generation, robotics, and interactive experiences. - **Entity Type**: Private (Corporate Minority funding stage; total raised $859.5M) - **Headquarters**: New York, New York, United States (79 Walker Street, Floor 5) - **Founded**: 2018 - **Founders**: Not publicly listed on provided sources (widely reported as Cristóbal Valenzuela, Anastasis Germanidis, and Alejandro Matamala) ## Core Business - **Primary industry/industries**: Artificial Intelligence, Video Generation, World Simulation, Robotics - **Target customers**: B2B – media & entertainment, film production, architecture, robotics research; also creative professionals and enterprises - **Mission or purpose statement**: "Building AI to simulate the world through merging art and science." – Runway believes world models are the path to general-purpose simulation, enabling progress in robotics, disease research, and scientific discovery. ## Products & Services - **[Gen-4.5](https://runwayml.com/)**: World's top-rated video generation model – cinematic, highly realistic outputs with precise creative control (SaaS / API). - **[GWM-1](https://runwayml.com/)**: State-of-the-art General World Model for real-time simulation. Three variants: - **GWM Worlds**: Interactive, explorable environments. - **GWM Avatars**: Real-time conversational video agents (API) – customizable appearance, voice, personality, knowledge, and actions. - **GWM Robotics**: Learned world models for robotic manipulation and physical interaction simulation. - **Runway Studios**: Production arm exploring AI integration in film (announced partnership with Lionsgate). ## Market Standing - **Valuation/Market Cap**: Not disclosed (private company) - **Key Metric**: Total funding raised – $859.5M (as of latest Corporate Minority round) - **Notable Investors/Partners**: NVIDIA (strategic partnership on Vera Rubin architecture), Lionsgate (film production partnership), General Atlantic, Felicis, Fidelity Investments, and 36+ others. - **Growth Signals**: - Partnership with NVIDIA to accelerate video and world models. - Partnership with Lionsgate to explore AI in film production. - Gen-4.5 recognized as top-rated video model. - Launch of GWM-1 (three variants) expanding into robotics and conversational AI. - Used by leading organizations across industries (e.g., architecture firm KPF). ## Competitive Advantages - **General World Models (GWM-1)**: Unlike pure language models, Runway builds models that understand, perceive, generate, and act in the world – a clear moat for simulation and robotics. - **Real-time interactivity**: GWM Worlds and Avatars enable real-time, controllable simulation and conversation, differentiating from static video generation. - **Full-stack AI platform**: From video generation (Gen-4.5) to world simulation (GWM-1) to production studios, Runway covers the entire creative-to-simulation pipeline. - **Strong research culture**: Long-term research effort to build AI systems that understand visual world dynamics. ## Strategic Focus - Continue advancing General World Models for universal simulation. - Expand partnerships in entertainment (Lionsgate), robotics (NVIDIA), and architecture (KPF). - Grow the platform’s adoption across industries requiring simulation, creative content, and autonomous agents. - Scale the team globally (offices in New York, San Francisco, Seattle, London, Tel Aviv, Tokyo) with remote flexibility. ## Why Work Here - **Culture**: "Creative, open minded, caring and ambitious people determined to change the world." Merges art and science – ideal for researchers, engineers, artists, and designers. - **Remote/Hybrid**: Global remote team; offices in 6 cities. Employees outside 10-mile commuting distance can expense co-working, internet, phone, and lunches (up to $250/month); within commuting distance get $50/month phone reimbursement. - **Benefits**: - 100% medical, dental, vision coverage for US employees and dependents (plus mental health and One Medical membership). - Unlimited PTO (recommended min 15 days) + paid sabbatical at 3, 5, and 7 years. - 16 weeks fully paid parental leave (all parents) with gradual return-to-work plan. - 3% 401k match (US employees). - $600 annual wellness stipend; $600 annual learning stipend; $500 tech setup stipend. - Annual travel budget for in-person collaboration, conferences, and company events. - Quarterly community donation program. - **Recognition**: Best Places to Work NYC (2022–2024), Inc. Best Workplaces (2023), Built In Inclusive Workplace (2022, 2023), Crain’s Best Companies Group. ## Sources 1. [runwayml.com](https://runwayml.com/) 2. [Runway Careers](https://runwayml.com/careers) 3. [Runway About](https://runwayml.com/about) 4. [CB Insights – Runway Profile](https://www.cbinsights.com/company/runwayml) 5. [Greenhouse Job Board](http://job-boards.greenhouse.io/runwayml) ## Other roles at Runway - [Support Specialist, US Tier 1](https://feeny.ai/job/support-specialist-us-tier-1-runway-remote-xrerv0jnd2x8) - [Social Media Lead](https://feeny.ai/job/social-media-lead-runway-new-york-2h94b2fedzd2) — New York, NY - [Senior HR Generalist](https://feeny.ai/job/senior-hr-generalist-runway-remote-1vepm0re5b4n) - [Senior AI Product & Partnerships Counsel](https://feeny.ai/job/senior-ai-product-partnerships-counsel-runway-remote-j718zjv4qy0z) - [Campaign Creative, Product Marketing](https://feeny.ai/job/campaign-creative-product-marketing-runway-remote-9hs562tvb12m) - [Social Media Creative](https://feeny.ai/job/social-media-creative-runway-remote-n49m5awyg2m1) - [Sr/Staff Product Manager, ML Products](https://feeny.ai/job/sr-staff-product-manager-ml-products-runway-remote-g55fbyww321k) - [Forward Deployed Engineer](https://feeny.ai/job/forward-deployed-engineer-runway-remote-5n3p1f7wd93c) - [Member of Strategic Staff, Model Ecosystem](https://feeny.ai/job/member-of-strategic-staff-model-ecosystem-runway-remote-ay5r2pgrptrq) - [Strategic Finance](https://feeny.ai/job/strategic-finance-runway-san-francisco-20zz78w705s9) — San Francisco, CA