Job Title: 2026 Summer Associate – Debt Finance at **Members Only**
Experience: 2L Summer Associate
Salary: $225,000 annualized
H1: Join **Members Only** as a Summer Associate in our Debt Finance practice
H2: Gain valuable experience in Chicago, New York, San Francisco, Santa Monica, or Washington, DC
- Represent debt and lease financing sources such as banks, investment firms, and insurance companies
- Work with emerging companies as a venture debt lawyer
- Structure diverse debt securities transactions
- Annualized salary of $225,000
Position: 2L Summer Associate
Location: Chicago, New York, San Francisco, Santa Monica, Washington, DC
Practice Area: Debt Finance
Open Date: Tuesday, April 1, 2025
Pay Type: Annualized salary of $225,000
Job Function: Legal
**Members Only** is seeking 2L summer associates to join our Debt Finance practice in various offices. We offer hands-on training, meaningful experience, and a comprehensive program to give you a true sense of what it means to "Be Cooley."
Debt Finance at **Members Only**
- Represent debt and lease financing sources such as banks, investment firms, and insurance companies
- Work with emerging companies as a venture debt lawyer
- Structure diverse debt securities transactions
- Annualized salary of $225,000
Summer Associate Program
- Hands-on training with real assignments
- Interactive skills training
- Participation in practice group meetings
- Real-time feedback from Cooley lawyers
- Midpoint and final program reviews
Interviewing for the Summer Program
- Apply through Cooley Direct
- Specify area of interest: general corporate, business litigation, or specialty groups
Seascape Weekend
- Three days of training, team building, and networking at the Seascape Beach Resort in Northern California
- Opportunity to experience Cooley culture and get to know peers and lawyers
Summer Events
- Each office has a calendar of events to foster connection and showcase Cooley culture
- Activities vary by office and have included cooking classes, community service, sailing, and more
Frequently Asked Questions
- Can I split my summer at Cooley with another firm?
- Can 1Ls apply for the summer program?
- Can I do pro bono work over the summer?
- What types of work assignments are given to summer associates?
- Are there training programs for summer associates?
- Does the firm provide mentors for summer associates?
- How are summer associates evaluated at Cooley?
- Does Cooley host social activities for summer associates?
- What is the current summer associate compensation?
- Does the firm offer a clerkship bonus and/or advanced class year standing?
- Does the firm offer a bonus and/or advanced class year standing for JD/MBA graduates?
Law Student FAQ
- Can I split my summer at Cooley with another firm?
- Can I do pro bono work over the summer?
- What types of work assignments are given to summer associates?
- Are there training programs for summer associates?
- Does the firm provide mentors for summer associates?
- How are summer associates evaluated at Cooley?
- Does Cooley host social activities for summer associates?
- What is the current summer associate compensation?
- If I decide to clerk, does the firm offer a clerkship bonus and/or advanced class year standing?
- Does the firm offer a bonus and/or advanced class year standing for JD/MBA graduates?
Salary Information
- Annualized salary of $225,000 for the 2025 US summer associate program
- Eligibility for class year credit and a bonus for completing an eligible clerkship
- Eligibility for a $25,000 bonus for completing a combined JD/MBA degree
Job Requirements
- A finance background is helpful, but not required
Join **Members Only** as a Summer Associate in our Debt Finance practice and gain valuable experience in Chicago, New York, San Francisco, Santa Monica, or Washington, DC. Represent debt and lease financing sources, work with emerging companies as a venture debt lawyer, and structure diverse debt securities transactions. With an annualized salary of $225,000, this is a great opportunity for law students looking to gain hands-on experience in the legal field. Apply now through Cooley Direct and specify your area of interest. Don't miss the chance to be a part of our comprehensive summer program and experience the Cooley culture at our Seascape Weekend and other summer events. Frequently asked questions and salary information are available for more details. Don't wait, apply now and Be Cooley!
