What are the responsibilities and job description for the Business Restructuring & Insolvency Associate Attorney position at Direct Counsel?
Location: New York, New York
Direct Counsel is seeking a Business Restructuring & Insolvency Associate to join the nationally recognized Business Restructuring & Insolvency Practice Group of a premier global law firm in New York. This is an exceptional opportunity for an associate with sophisticated bankruptcy and restructuring experience to work on high-profile Chapter 11 proceedings, complex liability management transactions, and strategic out-of-court restructurings.
The practice is consistently recognized as a leader in the restructuring space and advises clients across a broad spectrum of distressed and special situations matters, including some of the most significant corporate restructurings in recent years.
Responsibilities
- Represent debtors, creditors, lenders, investors, and other stakeholders in complex restructuring and insolvency matters
- Work on large-scale Chapter 11 cases and out-of-court restructuring transactions
- Assist with:
- Restructuring support agreements
- Debtor-in-possession and exit financing arrangements
- Asset sales and distressed acquisitions
- Liability management transactions
- Plan negotiation and confirmation matters
- Draft and negotiate restructuring-related agreements and court filings
- Conduct legal and strategic analysis relating to distressed situations and insolvency matters
- Collaborate with multidisciplinary teams across finance, corporate, litigation, and regulatory practices
- Manage multiple sophisticated matters with increasing responsibility and client interaction
Qualifications
- J.D. from an accredited law school with strong academic credentials
- 4–6 years of experience in bankruptcy, restructuring, or special situations matters at a leading law firm
- Significant experience with large, complex Chapter 11 cases and out-of-court restructurings required
- Strong understanding of restructuring and insolvency principles
- Experience with transactional restructuring matters, including financing arrangements and liability management transactions
- Excellent drafting, negotiation, analytical, and communication skills
- Strong judgment and ability to manage complex matters in a fast-paced environment
- Admission to the New York State Bar required
Compensation & Benefits
- Salary range: $310,000 – $390,000, depending on experience and qualifications
- Competitive discretionary bonus opportunities
- Comprehensive medical, dental, vision, life, and disability insurance
- Industry-leading parental leave and family support benefits
- 401(k) and Roth 401(k) retirement plans
- Wellness and mental health resources, including employee assistance and wellness programs
- Flexible time away and reduced schedule arrangements
- Paid bar registration and professional association fees
- Robust mentorship, sponsorship, and career development programs
- Significant pro bono opportunities and charitable matching initiatives
This is an outstanding opportunity for a restructuring associate seeking sophisticated bankruptcy and special situations work, meaningful client engagement, and long-term growth within one of the nation’s leading restructuring practices.
Salary : $310,000 - $390,000