What are the responsibilities and job description for the ESOP Transactions & Services Associate - Chicago position at Direct Counsel?
Direct Counsel represents a prestigious AmLaw firm seeking an ESOP Transactions & Services Associate to join its nationally recognized ESOP Practice Group. This opportunity is ideal for a mid-level attorney with 4 years of experience advising on ESOP transactions, ERISA matters, and corporate transactions.
Locations: Kansas City, Missouri (preferred) | Philadelphia, Pennsylvania | Chicago, Illinois
Responsibilities:
- Advise clients on ESOP formations, transactions, operations, and compliance matters
- Represent ESOP sponsors, shareholders, trustees, lenders, and private companies in ESOP-related transactions
- Structure and implement ESOP transaction planning and design strategies
- Counsel clients on ERISA, qualified retirement plans, and Internal Revenue Code Section 409A matters
- Assist with mergers and acquisitions involving ESOP-owned companies
- Advise on corporate governance, executive compensation, and general corporate matters
- Draft and negotiate transaction documents and related agreements
- Support clients on strategic business and day-to-day operational issues
- Manage complex matters independently while collaborating with attorneys and clients
Qualifications:
- Juris Doctor (JD) from an accredited law school
- Active bar admission in the jurisdiction where the candidate intends to practice
- 4 years of experience with ESOP transactions and related corporate and ERISA matters
- Experience with:
- ESOP transaction planning and implementation
- Qualified retirement plans
- Internal Revenue Code Section 409A
- Mergers and acquisitions
- Corporate governance
- Executive compensation
- General corporate and transactional matters
- Strong drafting, analytical, negotiation, and communication skills
- Excellent academic credentials
- Ability to manage sophisticated matters efficiently and independently
Preferred Attributes:
- Strong business judgment and client counseling skills
- Entrepreneurial mindset with a desire to help grow a national practice
- Ability to navigate complex legal and business issues in a fast-paced environment
- Team-oriented approach and commitment to exceptional client service
Compensation & Benefits:
- Salary range: $260,000 – $420,000 annually, depending on experience
- Discretionary performance bonus opportunity
- Medical, dental, vision, life, and disability insurance
- 401(k) retirement plan
- Paid Time Off (PTO)
- Comprehensive benefits package and professional development opportunities
Salary : $260,000 - $420,000