Associate – Corporate (Business Restructuring) – Dallas, Chicago, New York

Build your big career with the firm that does Big Law, Better. McDermott Will & Schulte is a leading global law firm that brings together more than 1,750 lawyers and 1,450 business professionals. We celebrate excellence, collaboration, and community and have been recognized as a top workplace by USA Today, Fortune, The American Lawyer, Vault and others. We are also certified by Great Place to Work. 

Here, we don’t just invest in your future, we accelerate your career – wherever it may lead. That includes supporting you both in and outside of the office. 

With us, you’ll find:

  • A firm where everyone belongs: Our award-winning culture prioritizes warmth and authenticity — we encourage you to be yourself! 
  • Enthusiasm for all perspectives: We’re smarter and stronger when everyone has a voice and a seat at the table. We welcome unique viewpoints and ideas, and we make opportunities for you and your career to thrive. 
  • Support to feel your best and do your best: Wellness is integral to building a successful career and a rich life. That’s why our McDermott Well program supports your physical, emotional, mental, and financial health, with an emphasis on work-life balance. 
  • Real rewards for real work: We offer generous compensation packages that recognize hard work and excellence

Job Description:

We are seeking a Business Restructuring Associate to represent debtors, official creditors committees, lenders, asset purchasers, and other constituents in connection with in-court and out-of-court restructurings and litigation, including cross-border matters. This position is open to candidates in Dallas, Chicago, or New York offices.

Applications should be submitted online through our web apply portal. Questions can be directed to Renee Richford, Talent Acquisition Manager, at rrichford@mwe.com.

Job Requirements:

  1. 3 to 4 years of experience with in-court and out-of-court restructurings, including chapter 11 proceedings
  2. Must be admitted to the jurisdiction for which you are applying

 

As an Associate, you will:

  1. Present and argue contested matters in court
  2. Participate meaningfully in client communications
  3. Draft pleadings, including first-day motions
  4. Draft plans of reorganization and all documents relating to confirmation
  5. Assist in the sale or purchase of distressed assets
  6. Manage orderly liquidations
  7. Conduct claims reconciliation and objection processes
  8. Participate in negotiation settlements
  9. Participate in negotiations with official committees of unsecured creditors, banks and other parties-in-interest

As part of our ongoing commitment to be #AlwaysBetter for our people, clients and communities, we have created a culture of belonging that champions your individuality as both a person and a professional. From our competitive compensation, top benefits and award-winning professional development programs to industry-leading wellness initiatives, we support you through every stage of your life and career. With McDermott, you can live a life you love both in and outside of the office.

 

Expected Pay Range for Associates: 2026/2025 Class Compensation Years: $225,000

                                                           2024 Class Compensation Years: $235,000

                                                           2023 Class Compensation Years: $260,000

                                                           2022 Class Compensation Years: $310,000

                                                           2021 Class Compensation Years: $365,000

                                                           2020 Class Compensation Years: $390,000

                                                           2019 Class Compensation Years: $420,000

                                                           2018 and more senior class compensation years: $435,000