Legal Staff Other in Chicago, IL

Law Firm

Chicago, IL

Legal Staff Other in Chicago, IL

Legal Staff

Min 10 yrs required

No

Job Title: Lending & Finance Partner

Job Responsibilities:
The Lending & Finance Partner at the law firm will be responsible for managing and handling all aspects of complex loan and financing transactions. The position involves working with sophisticated clients of various sizes across multiple industries. The lawyer will represent banks, other lenders, and borrowers in a variety of secured, mezzanine, and unsecured commercial loans, including asset-based, revolving, and term loan facilities. The role requires a substantial, portable book of business, and the firm is open to a small group or team joining.

The partner will engage in:
- Managing complex lending and commercial finance transactions.
- Representing both lenders and borrowers across a broad range of industries.
- Handling asset-based and cash-flow lending transactions, loan participations, and multi-lender or multi-tranche lending transactions.
- Structuring and negotiating co-lender, subordination, and intercreditor arrangements.
- Preparing opinions and advising clients on strategic considerations for secured transactions.

Education and Experience Information:
Candidates for this position must have significant experience in financing transactions, representing both lenders and borrowers in complex financing and commercial finance matters. A minimum of 10 years of substantive experience is required, with expertise in asset-based and cash-flow lending transactions, loan participations, multi-lender or multi-tranche lending transactions, permanent and bridge loans, and structuring and negotiating co-lender, subordination, and intercreditor arrangements.

The ideal candidate will also have:
- Substantial experience representing private lenders and other non-institutional lenders in complex lending transactions.
- Experience with venture debt transactions and convertible debt transactions (both secured and unsecured) for venture-backed companies.
- Excellent interpersonal and communication skills (both verbal and written) and an ability to work collaboratively with internal and external clients at all levels.

Candidates must be currently licensed in Illinois or Colorado, or licensed in another state with a UBE score that qualifies in Illinois or Colorado for comity. They must be eligible to waive in or be willing to sit for an upcoming IL or CO bar exam. The firm is open to relocation candidates that meet these requirements.

Salary Information:
The position offers a comprehensive benefits package and competitive salary. Specific details about the compensation are not provided in the text, but more information can be found on the law firm's website. The benefits package includes healthcare (medical, vision, dental), life and long-term disability insurance, a 401k plan, and profit sharing. Additionally, the firm offers paid primary and secondary caregiver leave, generous vacation, personal, and sick time allowance, pre-tax commuter benefits, and wellness programs (such as an in-office gym and massages, and 24/7 telemedicine).

The role is hybrid, with an in-office requirement of 10 days a month, promoting a low turnover, collegial, and collaborative environment with an emphasis on professional and business development.