What are the responsibilities and job description for the Asset-Based Lending Attorney position at Synectics Inc.?
We are nationally recognized debt finance practice is seeking a lateral associate, principal, or counsel with meaningful experience in asset-based lending (ABL) to join our dynamic and growing team. We represent a diverse array of lender-side clients-including commercial banks, private credit funds, business development companies, and other institutional lenders-in complex ABL transactions across a wide range of industries.
We welcome candidates who are interested in pursuing the equity partner track, as well as those who prefer to focus on delivering high-level legal execution and exceptional client service in a fast-paced, collaborative environment without seeking partnership.
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
One of the nation's premier law firms, We is intentionally built different from our competitors. We focus on a core group of high-impact practice areas and deliver results though a deeply collaborative, integrated team. Our balanced staffing model and hands-on partner leadership create exceptional value and a client experience that builds lasting relationships and draws outstanding talent.
Compensation
We 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.
We welcome candidates who are interested in pursuing the equity partner track, as well as those who prefer to focus on delivering high-level legal execution and exceptional client service in a fast-paced, collaborative environment without seeking partnership.
Job Functions / Responsibilities
- Represent top-tier financial institutions and private credit lenders in asset-based finance transactions, including first lien, second lien, and split-lien structures.
- Manage all aspects of transactional workstreams-from structuring and negotiating deal documents (credit agreements, intercreditor agreements, agreements among lenders, collateral documents) to overseeing closings.
- Collaborate closely with partners and clients in a fast-paced, high-performing practice.
- Substantial experience in asset-based lending. Familiarity with ABL structures involving various collateral types (inventory, receivables, equipment, intellectual property, real estate, etc.) and applicable legal regimes (e.g., UCC Article 9, intercreditor agreements, borrowing base mechanics).
- Excellent academic credentials and strong analytical, drafting, and negotiation skills.
- Enthusiastic team player who thrives in a collaborative environment.
- Large firm or elite boutique experience preferred.
- Demonstrated proficiency in leveraging generative AI tools to enhance research, drafting, analysis, and overall workflow efficiency, with sound judgment regarding accuracy, confidentiality, and ethical use.
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
One of the nation's premier law firms, We is intentionally built different from our competitors. We focus on a core group of high-impact practice areas and deliver results though a deeply collaborative, integrated team. Our balanced staffing model and hands-on partner leadership create exceptional value and a client experience that builds lasting relationships and draws outstanding talent.
Compensation
We 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.
Salary : $225,000 - $435,000