What are the responsibilities and job description for the Senior-Level Fund Formation Associate position at Choate, Hall & Stewart LLP?
Serving private investment funds around the globe from a single office in Boston, our highly-integrated team is focused on delivering world class service to each and every client. We advise and represent sponsors in the formation, structuring, and negotiation of an array of private investment vehicles across the entire spectrum of private equity sectors. Choate provides strategic market and regulatory advice during fundraising and throughout all phases of a fund’s life cycle.
Job Functions / Responsibilities
The Firm is currently operating in a hybrid model, with the requirement that everyone should be in the office at least four days per week. This schedule is subject to change dependent on Firm, department and client needs, and will be routinely evaluated.
Work Authorization
Applicants must be legally authorized to work in the United States without the need for sponsorship by the Firm (either now or in the future.).
About The Firm
Choate, one of the nation’s premier law firms, is different from most BigLaw firms in ways we believe materially benefit our clients and our talent. All of our lawyers are under one roof in Boston, focused in areas where we practice at the top of the market, nationally and internationally, and represent clients in their largest and most significant matters.
Compensation
Choate offers market-based compensation for its attorneys. The current base salary range for on-track attorneys is $225,000 for first year associates to $435,000 for Principal level attorneys, excluding bonus compensation and a generous benefits package.
The anticipated salary range for this role is listed below and represents our good faith and reasonable estimate of the salary range for this specific position at the time of posting. The actual offered salary for this position will be determined based on job-related, non-discriminatory factors, including but not limited to qualifications and prior experience, attorney level placement, external market data, consideration of internal equity, and whether the role is on or off-track.
$390,000 - $420,000
Job Functions / Responsibilities
- Work on fund formation engagements for private equity and venture capital sponsors and their investors.
- Draft and negotiate limited partnership agreements, subscription agreements, and side letter agreements.
- Perform legal review and completion of private placement memoranda.
- Draft general partner and management company arrangements.
- Handle regulatory compliance matters for private equity and venture capital firms.
- Manage all documents and processes relevant to fund formation transactions for private equity and venture capital firm clients.
- Six-plus years of experience in fund formation for private equity and venture capital sponsors and their investors.
- Knowledge of the Securities Act, the Investment Company Act, and the Investment Advisers Act, and their application to private equity and venture capital funds.
- Strong professional judgment and work ethic.
- Ability to work as a self-starter with excellent client service skills.
- Highly motivated with a desire for personal and professional growth in a collaborative environment.
- Large firm experience strongly preferred.
The Firm is currently operating in a hybrid model, with the requirement that everyone should be in the office at least four days per week. This schedule is subject to change dependent on Firm, department and client needs, and will be routinely evaluated.
Work Authorization
Applicants must be legally authorized to work in the United States without the need for sponsorship by the Firm (either now or in the future.).
About The Firm
Choate, one of the nation’s premier law firms, is different from most BigLaw firms in ways we believe materially benefit our clients and our talent. All of our lawyers are under one roof in Boston, focused in areas where we practice at the top of the market, nationally and internationally, and represent clients in their largest and most significant matters.
Compensation
Choate offers market-based compensation for its attorneys. The current base salary range for on-track attorneys is $225,000 for first year associates to $435,000 for Principal level attorneys, excluding bonus compensation and a generous benefits package.
The anticipated salary range for this role is listed below and represents our good faith and reasonable estimate of the salary range for this specific position at the time of posting. The actual offered salary for this position will be determined based on job-related, non-discriminatory factors, including but not limited to qualifications and prior experience, attorney level placement, external market data, consideration of internal equity, and whether the role is on or off-track.
$390,000 - $420,000
Salary : $225,000 - $435,000