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Compensation & Benefits (Private Equity) Associate Attorney

Posted 4 days ago

direct counselChicago (IL)

SENIORITY

Senior

SALARY

$365,000

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About the role

Compensation & Benefits: (Private Equity) Associate Attorney Direct Counsel is seeking an experienced Associate Attorney to join a nationally recognized law firm's Compensation & Benefits practice. This is an excellent opportunity for an attorney with 5+ years of experience advising on executive compensation and employee benefits matters, particularly in connection with private equity transactions and portfolio company operations. The ideal candidate will have substantial experience representing private equity sponsors in acquisitions and divestitures, as well as advising portfolio companies on a broad range of executive compensation and incentive arrangements. This role offers the opportunity to work on sophisticated transactional matters and advise private equity clients on complex compensation and benefits issues throughout the investment lifecycle.
Responsibilities: Advise private equity sponsors on executive compensation and employee benefits matters in connection with acquisitions and divestitures. Counsel portfolio companies on day-to-day compensation and benefits matters. Structure and document profits interests and other LLC incentive compensation awards. Advise on management holding company structures, rollover equity arrangements, and other management equity incentives. Counsel clients on employment agreements, severance arrangements, and related executive compensation matters. Advise on tax and regulatory considerations under Internal Revenue Code Sections 280G and 409A.Support mergers and acquisitions involving privately held companies and provide guidance on compensation and benefits considerations throughout transactions.
Qualifications: 5+ years of experience advising on executive compensation and employee benefits matters. Significant experience representing private equity sponsors in acquisitions and divestitures. Experience handling portfolio company matters, including profits interests, LLC incentive awards, management holding company vehicles, and rollover equity. Experience with employment and severance arrangements. Experience advising on mergers and acquisitions involving privately held companies. Strong working knowledge of Internal Revenue Code Sections 280G and 409A.Excellent academic credentials. Superior legal writing, oral communication, analytical, and problem-solving skills.
Compensation & Benefits: The anticipated annual base salary for this position is $365,000+, with final compensation determined by geographic location, experience, and qualifications. The firm offers a comprehensive benefits package, including: Medical, dental, and vision insurance. Health savings and flexible spending accounts. Life insurance, accidental death and dismemberment, short- and long-term disability, and long-term care coverage. Four weeks of vacation annually and two weeks of sick time.10 paid holidays each year. Generous parental leave and fertility benefits. Backup care for children and adults, along with additional parental support resources. Pre-tax commuter benefits. Qualified attorneys with 5+ years of executive compensation and employee benefits experience, particularly those advising private equity sponsors and portfolio companies, are encouraged to apply. If you are interested in exploring this opportunity, please submit your resume to Direct Counsel for confidential consideration. We welcome the opportunity to discuss the position and how it may align with your career goals.

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