Our client, a global law firm known for its strong client relationships and excellent culture, is looking to hire a junior/mid-level Associate for its ranking bankruptcy litigation team.
The team regularly acts for debtors, secured and unsecured creditors, chapter 7 and 11 trustees, landlords, purchasers of assets, and creditors’ and bondholders’ committees. In addition, the team represents companies, creditors, court-appointed receivers and assignees for the benefit of creditors in out-of-court restructurings and liquidations. The team further represents officers and directors of financially distressed companies, and often litigates in all aspects of creditors’ rights, in both U.S. state and federal jurisdictions, and in cross-border transactions in Canada and Mexico.
The team represents a full range of international clients, concentrating in the representation of secured lenders and creditor rights. The team has a significant representation of financial institutions in structuring, workouts and foreclosures in international equipment and aircraft, railcar and vessels leasing and equipment financing transactions. The team has been involved in most airline insolvencies, and has repossessed and foreclosed on aircraft throughout the world.
The cohesive and collaborative team in New York has a diverse and unique multidisciplinary practice that gives you the opportunity to work closely with Partners and to participate in business development and client-facing activities. The firm’s fantastic platform supports career development and thrives on excellent client service.
This law firm is particularly known for its excellent training and support from Seniors. There is no hierarchy – whereby Partners respect Associates, and they let you have the responsibility of getting the right level of work that they think you are ready for. Associates describe the place as having a ‘midwestern, friendly feel’, and the firm actively encourages a healthy work/life balance. It is a great step towards an international firm without losing its ‘small-firm’ feel. Everyone truly knows everyone here – even across countries.
The firm is headquartered in Chicago; as such it takes pride in its fantastic ethos and focus on wellbeing and maintaining a healthy work/life balance. Its Partners and Associates are involved in business development, and are encouraged to be leaders in knowledge management and leading diversity or pro bono initiatives.
You must have substantive experience drafting complaints and motions, conducting discovery, appearing in federal, state and bankruptcy courts, negotiating settlements, and corresponding with opposing counsel and clients. Experience in creditors’ rights law is preferred, including collateral repossession and the Uniform Commercial Code (Articles 2, 2A and 9 in particular).
Hours target is 1850, with an uncapped bonus starting at 2000 hours. The firm is very flexible when it comes to hours and remote working policies.
The firm strives to keep a strong cashflow – never making layoffs. There is no ‘last one in, first one out’ culture. As such, the pay is slightly below market. The pay for this role is between $210,000 and $245,000.
The Partnership track is very viable, and you will be supported to build a strong book of business from day 1. There are origination bonuses even as Associates (going up to as high as 15%). Partners are paid extremely well, and it is a very lucrative place to be a working Partner.