Credit Acceptance Corporation

Legal Counsel - Litigation Manager

Credit Acceptance Corporation$150K — $175K *
US-AnywhereRemote in Michigan, US
Legal & Accounting
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Licensed attorney with a minimum of 5 years of litigation experience in a law firm.
  • Expertise in litigation including discovery, depositions, and motion practice; trial or arbitration experience preferred.
  • Excellent legal research and writing skills, familiarity with Westlaw.
  • Outstanding professional and academic credentials.
  • Experiences in consumer finance law or representation before state or federal regulators is a plus.

Responsibilities

  • Manage diverse litigation and pre-litigation disputes to protect the Company’s interests.
  • Collaborate with team members to resolve customer disputes effectively.
  • Oversee outside counsel, managing strategies and budgets for litigation.
  • Execute the Company’s Complaint Management Program and monitor compliance with consumer protection laws.
  • Conduct legal research and document findings for internal stakeholders.

Benefits

  • Excellent benefits package including 401(K) match and tuition reimbursement.
  • Comprehensive medical, dental, and vision insurance.
  • Parental leave and adoption assistance.
  • A range of unique nonstandard benefits that enhance the workplace culture.
Full Job Description
As a member of our in-house litigation team, attorneys in this role will handle a diverse portfolio of litigation and pre-litigation disputes and take reasonable steps to make certain that the Company, its team members, dealers, and third-party service providers are complying with Company policies and procedures and applicable consumer protection laws and regulations. Attorneys will research and resolve complaints, manage outside counsel where necessary and within a reasonable budget, and help counsel the business on lessons learned. Outcomes and Activities: • This position will work from home; occasional planned travel to our Southfield, Michigan office may be required. However, this position is permitted to work at our Southfield, Michigan office if requested by the team member. • Enforce and defend Company’s interests in litigation and disputed matters.  This includes: – Managing a diverse portfolio of litigation and pre-litigation complaints (such as those submitted to the Company for investigation through governmental agencies, the Better Business Bureau, or an email portal). – Working with team members, customers, dealers, and third-party service providers to de-escalate and resolve disputes. – Retaining, overseeing, and directing the scope of all work of outside legal counsel in litigation matters (such as negotiating fee arrangements, cost-effective staffing of matters, and setting and executing a litigation strategy to achieve the best possible outcomes). – Performing substantive work related to litigation and pre-litigation disputes, such as working with experts, editing legal briefs, preparing witnesses, and negotiating settlements. – Keeping legal management team apprised of and solicit their input as appropriate on significant legal issues. • Execute aspects of the Company’s Complaint Management Program.  This includes: – Monitoring various listening posts, including complaints, industry litigation, and news publications, to enhance the Company’s compliance with consumer financial protection laws; – Performing complaint trend analyses; – Reporting compliance, coaching, training, and policy opportunities identified; – Working with attorneys from the Corporate Legal Department to counsel the business on how to reduce risk based upon lessons learned; and – Summarizing observations for Company executives. • Develop expertise in consumer financial protection laws. • Perform legal research as requested and document findings in a formal white paper where appropriate. • Periodic performance feedback from team members throughout the organization will be sought and will be considered when assessing your performance. Knowledge and Skills: • Be organized and capable of meeting all deadlines. • Remain positive, professional, determined, calm and focused when faced with challenging situations. • Be a quick thinker, with an ability to understand and interpret information promptly and effectively. • Convey complex information in a timely, efficient, and easily understood manner both verbally and written. • Be self-driven, motivated to help and able to perform with minimal supervision in a team environment. • Be receptive to ongoing feedback aimed at improving your performance for the purpose of helping the Company achieve its strategic goals. • Possess and express a positive and enthusiastic attitude. • Communicate clearly to all levels of the organization. • Work independently and in a team environment. Requirements: • Licensed as an attorney to practice law, with a minimum of 5 years as a practicing lawyer with law firm litigation experience. • Litigation experience should include engaging in all aspects of written discovery, taking and defending depositions, motion practice, as well as trial or arbitration experience, and experience working directly with clients. • Excellent professional and academic credentials. • Have excellent legal research and writing skills, including familiarity with Westlaw. Preferred: • Experience in some of the following areas: consumer finance law, debt collection, credit reporting, the Telephone Consumer Protection Act, commercial contract litigation, and arbitration. • Experience representing clients in matters with state or federal regulators. Targeted Compensation: $150,000 - $175,000 base salary + annual bonus plan. This position is not currently open to individuals who require sponsorship now or in the future to work legally for Credit Acceptance, such as H-1b / H-4 or F-1 OPT visa holders. #LI-Remote #zip Benefits • Excellent benefits package that includes 401(K) match, adoption assistance, parental leave, tuition reimbursement, comprehensive medical/ dental/vision and many nonstandard benefits that make us a Great Place to Work  Our Company Values: To be successful in this role, Team Members need to be: • Positive by maintaining resiliency and focusing on solutions • Respectful by collaborating and actively listening • Insightful by cultivating innovation, accumulating business and role specific knowledge, demonstrating self-awareness and making quality decisions • Direct by effectively communicating and conveying courage • Earnest by taking accountability, applying feedback and effectively planning and priority setting Expectations: • Remain compliant with our policies processes and legal guidelines • All other duties as assigned • Attendance as required by department  Advice! We understand that your career search may look different than others. Our hiring team wants to make sure that this would be a fit not just for us, but for you long term.  If you are actively looking or starting to explore new opportunities, send us your application!   P.S. We have great details around our stats, success, history and more.  We’re proud of our culture and are happy to share why – let’s talk! Required degrees must have been earned at institutions of Higher Education which are accredited by the Council for Higher Education Accreditation or equivalent.

About Credit Acceptance Corporation

Credit Acceptance Corporation is a publicly traded company that provides automobile loans through indirect lending. The company operates in the United States and Canada. Credit Acceptance Corporation was founded in 1972 by Don Foss, and is headquartered in Southfield, Michigan. The company has been publicly traded since 1992.
Learn more about Credit Acceptance Corporation
Size
2,033 employees
Market Cap
$5.7 billion
Industry
Net Income
$421 million
Founded
1972
5 Year Trend
+13.9%
Revenue
$1.6 billion
NASDAQ

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