Disney to hire transaction lawyer for ‘accelerated and aggressive’ NFT and Metaverse plans

The Walt Disney Company is looking to hire a transaction lawyer to investigate the potential in emerging technologies.

According to a job posting on LinkedIn, American animation giant The Walt Disney Company is looking to hire a transaction lawyer to investigate the potential in emerging technologies, such as NFTs while working on an “accelerated and aggressive timeline.”

The employee would “partner with business teams as they create new global emerging technology projects,” across emerging sectors like the metaverse and decentralized finance, among other areas, says the job posting. The advert reads:

“Assist in performing due diligence for NFT, blockchain, third party marketplace and cloud provider projects, and negotiating and drafting complex agreements for those projects.” 

Transaction lawyers typically examine merger and acquisition agreements as well as other intricate business transactions.

Disney is also focusing on Metaverse sector

The piece was posted on LinkedIn at a time when the global NFT market is witnessing spikes in adoption. Disney CEO Bob Chapek stated at the D23 Expo fan convention on September 10 that the company is researching and creating plans for the metaverse, according to Deadline.

A longtime Apple executive was hired by the animation giant in June to serve as vice president of “Next Generation Storytelling Creative Experiences.” Moreover, the following month, a consumer experiences executive was promoted to executive vice president of “Next Generation Storytelling & Consumer Experiences.” Chapek stated:

“We call it next-gen storytelling. We tend not to use the M word too often, because it has a lot of hair on it.”

It is important to note that The Walt and Mickey “Partners” NFT was removed from the VeVe app for iOS and Android devices in 2021. 

The Walt Disney Company’s legal department is looking for a new lawyer to work in the corporate transaction unit of its legal department. The successful candidate should have at least five years of experience managing and running complex corporate transactions, ideally at a large multinational law firm with an internationally recognized corporate practice.