Corporate Restructuring Associate Attorney (class of 2020 to 2023)

Corporate Restructuring Associate Attorney (class of 2020 to 2023)

Chicago, IL

§ Title : Chicago Restructuring Lead | Mid-to-Senior Reorganization Counsel 💰

§ Practice Area: Corporate Restructuring / Asset Dispositions / Creditor Rights

§ Location: Chicago, Illinois

§ Salary: $310,000 to $435,000 Base Salary (In addition to eligibility for discretionary performance incentives)

§ Schedule : Full-time, Direct-Hire, Minimum 1,850 hours annual billed target.

§ The Firm:

The client is a premier AmLaw 50 global institution and a definitive leader in the sector of corporate reorganization. Distinguished by its Chambers USA Tier 1 status, the firm is recognized for managing high-stakes, market-defining insolvency matters for a global roster of Fortune 500 corporations and private equity sponsors. With an AV Preeminent® rating from Martindale-Hubbell, the organization is celebrated for its intellectual rigor and its ability to architect innovative solutions for the most complex financial distress scenarios in history.

Operating from a sophisticated platform in Chicago, the firm fosters a collaborative environment where attorneys engage in groundbreaking legal work. Lateral associates are integrated via an enhanced mentor program specifically designed to address the professional transition needs of experienced practitioners, ensuring a trajectory of long-term mastery within the elite global landscape.

§ Duties:

The Associate will serve as a principal legal advisor for complex reorganizations, demanding technical precision in both judicial proceedings and private out-of-court negotiations.

Primary responsibilities include:

⨖ Navigating Sophisticated Reorganizations by managing Chapter 11 proceedings, out-of-court workouts, and complex cross-border insolvency matters.

⨖ Executing Asset Dispositions by leading Section 363 sales and plan sponsorship strategies for both company-side and buy-side mandates.

⨖ Architecting Liability Management through the execution of strategic balance sheet enhancements and exchange offers.

⨖ Providing Strategic Representation to a diverse client base, including corporate debtors, lending institutions, and creditor committees.

⨖ Advocating for Community Needs via an extensive pro bono program that grants full billable credit for time dedicated to social and legal advocacy.

§ Qualifications:

Requisite criteria for this role include:

⨖ Juris Doctor (J.D.) from a top-tier, ABA-accredited law school with a record of superior academic achievement.

⨖ Active Bar Membership in the state of Illinois (or eligibility to waive in promptly).

⨖ Three (3) to Six (6) years of substantive restructuring experience within a major international peer firm.

⨖ Demonstrated proficiency in the technical nuances of liability management transactions and general creditor representations.

⨖ Advanced drafting and negotiation capabilities required for the independent management of multifaceted corporate mandates.

§ Skills:

Attributes that would facilitate professional development in this role:

⨖ Substantial experience advising corporate boards on fiduciary duties and governance during periods of financial distress.

⨖ A proactive, analytical approach to identifying legal risks and delivering bespoke strategic outcomes for a sophisticated clientele.

⨖ Exceptional interpersonal skills necessary to function effectively within a hybrid work model (Monday through Thursday in-office).

⨖ A commitment to professional growth within a world-class lateral mentorship environment.

!Notice¡

*This advertisement on behalf of our client does not encompass the exhaustive list of responsibilities for the role. Suitably qualified applicants are invited to submit their credentials. Provision of law school transcripts, a professional writing sample or deal sheet, and a formal cover letter is requisite for consideration. This posting does not constitute a formal offer of employment; compensation details may vary by jurisdiction or experience and will be discussed thoroughly during the interview phase.