Lateral Associate - Corporate: Restructuring & Special Situations (New York)

Sullivan & Cromwell LLP

$235K — $455K *
Legal & Accounting
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Minimum three years of corporate law experience at a law firm
  • Experience in significant restructuring practice including chapter 11 representations
  • Proficiency in drafting court motions or credit documentation
  • Familiarity with out-of-court restructuring transactions
  • Experience with capital solutions and liability management transactions

Responsibilities

  • Manage client relationships in restructuring cases
  • Draft and file court motions and credit documentation
  • Develop strategies for out-of-court restructuring solutions
  • Collaborate with cross-functional teams to achieve client objectives
  • Advise clients on capital solutions and liability management

Benefits

  • Opportunities for professional growth and development
  • Exposure to high-profile restructuring cases
  • Collaborative working environment
  • Access to a network of experienced legal professionals
  • Potential for a flexible work arrangement
Full Job Description
Sullivan & Cromwell is seeking experienced associates to join the Firm's General Practice (corporate) - Restructuring & Special Situations group. Ideal candidates should have at least three years of experience working in the corporate practice at a law firm with a significant restructuring practice (chapter 11 company side representations, chapter 11 secured creditor representations, out of court restructuring transactions, and/or capital solutions/liability management transactions), as well as significant drafting experience in court motion practice and/or credit documentation.

This is an opportunity for experienced lawyers, and as such, current law students are not eligible for consideration.

Salary

The associate base salary is tied to associate class year. The standard scale is included below.
  • 1st year (Class of 2025): $235,000
  • 2nd year (Class of 2024): $245,000
  • 3rd year (Class of 2023): $270,000
  • 4th year (Class of 2022): $320,000
  • 5th year (Class of 2021): $385,000
  • 6th year (Class of 2020): $410,000
  • 7th year (Class of 2019): $440,000
  • 8th year (Class of 2018): $455,000
  • 9th year (Class of 2017): $455,000


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