Launching a drug development company with novel technology from academia
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Faber is a dynamic, fast-growing law firm that now employs over 50 lawyers, contracts specialists and administrative professionals, some of whom are located near our offices in Massachusetts, New York and California and some of whom work remotely from other parts of the US and Europe.
We strive to provide a number of different ways to participate in firm life, including opportunities to be involved in our EDI programming, community service efforts, as well as in the creation of training and professional development plans, which are personalized for each employee while prioritizing unique employee goals.
The firm also works to create a fully integrated work environment, where each employee works with many colleagues, in different locations, with different backgrounds, and in varied practice areas. We encourage in-person meetings of both working teams, and visits with clients, which allow us to strengthen personal relationships both internally and externally, as these relationships comprise the core of our culture.
Faber was founded by senior lawyers and contracts specialists who'd worked for Millennium Pharmaceuticals who now sought an independent professional working environment, and a business model that optimized four key elements – financial reward, professional time commitment, working environment and culture, and intellectual challenge.
We have adopted an individualized approach to return to office, with employees and supervisors working together to create employee specific hybrid work schedules, so that employees may split their time between a firm office and their home office. We have a strong in-house IT team and provide equipment, furniture, smartphone and internet service, and/or other reasonable accommodations needed to be fully-functional from home.
We compete for talent with the few “big firms” that have sophisticated transactional practices in the life sciences. We determine title, regular billing rate, annual salary, and target bonus for our lawyers based on the relevant skills and experience of each employee. We also provide additional bonus opportunities based on allocations of business origination and retention credit (and, in 2021, 100% of our lawyers with at least 2 years tenure at the firm qualified for additional bonus through this program). Comprehensively, we believe we provide our lawyers a pay/benefits opportunity that, when adjusted for actual billable hours, is higher than at competitor “big firms.”
We provide our employees very competitive salary and bonus compensation, exceptional benefits, strong mentoring and professional development support, and work-life balance.
We understand the value of flexible working arrangements such as reduced hours schedules, flex-time, compressed workweek schedules, and an annual billable hours target (1600 for full-time lawyers and 1440 for full-time contracts specialists) that is lower than “big firm” billable hours minimum requirements. We work with our employees to find mutually beneficial solutions to work balance needs, including part-time and flexible schedules.
The firm makes dollar-for-dollar matching contributions to local charities serving the communities in which the firm’s professionals practice, up to 2% of the employee’s total pre-tax cash compensation. Additionally, the firm makes matching contributions (at $20 per hour) for unpaid time (including labor and expertise) spent working with charitable organizations, up to 2% of the employee’s total pre-tax cash compensation.
Further, each employee may direct the firm to make a donation, up to an annual aggregate maximum of $300 per employee, to organizations with a charitable purpose or with a stated goal of benefitting the employee’s local community; these organizations do not have to qualify as 501(c)(3) not-for-profits.
We are an equal opportunity employer, and do not discriminate against any candidate or employee on the basis of race, national origin, sex, marital status, sexual orientation, age, disability, religion or veteran status. We are committed to increasing participation by minorities and women in the legal profession and expanding the opportunities for minorities and women within the profession.
We are proactive in recruiting minority and women lawyers, contracts specialists, paralegals and staff and strongly encourages the interest of these candidates in our firm.
We provide our employees very competitive salary and bonus compensation, exceptional benefits, strong mentoring and professional development support, and work-life balance. Some of those benefits include:
To communicate your interest in joining the firm, please send us an email.