Our client is seeking an associate with 2–3 years of experience to join its Liability Management practice in Chicago. The role involves complex capital structure analysis and bespoke solutions for clients navigating liability management transactions and other forms of non-traditional distress.
The Work
- Work with senior lawyers to conduct detailed structural analyses of corporate capital structures and identify opportunities for liability management solutions.
- Advise clients on strategic alternatives and execution risks as they evaluate complex capital structure challenges.
- Draft, analyze, and negotiate transaction support agreements, credit agreements, indentures, intercreditor arrangements, and related transaction documents.
- Contribute to liability management, non-traditional distress, and exchange transactions for public and private companies, sponsors, creditor groups, hedge funds, direct lenders, and distressed investors.
- Coordinate with colleagues across banking and private credit, capital markets, restructuring, M&A, tax, and litigation practices to develop tailored transaction approaches.
- Take on increasing matter responsibility and help manage and support the development of junior associates.
What You Bring
- Two to three years of legal experience as an associate.
- Experience in traditional finance, high-yield capital markets, or restructuring is encouraged.
- Ability to analyze complex corporate capital structures and assess potential liability management opportunities.
- Experience drafting, analyzing, and negotiating financing or restructuring-related transaction documents.
- Sound judgment in evaluating strategic alternatives and transaction execution risks.
- Ability to collaborate with senior lawyers and colleagues across complementary practice areas.
- Interest in managing and supporting the development of junior associates.
Why Consider It
The practice works across banking and private credit, capital markets, restructuring, M&A, tax, and litigation, offering exposure to complex, market-shaping matters and a varied client base.
The role provides opportunities for early responsibility, collaboration, and professional growth.
Compensation & Benefits
Comprehensive benefits and resources are offered to support lawyers and their families; discretionary bonuses may be available depending on application circumstances and position.
The supplied estimated base range is $235,000–$260,000, based on the 2026 scale, and is not stated firm compensation.
Confidentiality
This is a confidential opportunity. Contact Advocates Legal Recruiting to discuss the role and receive additional details about the client and team. All inquiries will be handled confidentially.