At McDermott, 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, through personalized guidance, structured mentorship, and confidential career coaching.
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 diverse 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 benefits program supports your physical, emotional, mental and financial health, with an emphasis on work-life balance. We’re proud to be the first firm to offer billable hours for wellness.
- Real rewards for real work: We offer generous compensation packages that recognize hard work and excellence. Our individual merit-based system enabled 67% of our associates to earn above the Cravath scale in 2024.
Job Description:
We are seeking a 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 New York, Chicago, Miami, Atlanta, and Dallas.
Applications should be submitted online through our web apply portal. Questions can be directed to Renee Richford, Lateral Associate Recruiting Manager, at rrichford@mwe.com.
Job Requirements:
- 1 to 5 years of experience with in-court and out-of-court restructurings, including chapter 11 proceedings
- Must be admitted to the jurisdiction for which you are applying
As an Associate, you will:
- Present and argue contested matters in court
- Participate meaningfully in client communications
- Draft pleadings, including first-day motions
- Draft plans of reorganization and all documents relating to confirmation
- Assist in the sale or purchase of distressed assets
- Manage orderly liquidations
- Conduct claims reconciliation and objection processes
- Participate in negotiation settlements
- Participate in negotiations with official committees of unsecured creditors, banks and other parties-in-interest
Expected Pay Range for Associates: 2025/2024 Class Compensation Years: $225,000
2023 Class Compensation Years: $235,000
2022 Class Compensation Years: $260,000
2021 Class Compensation Years: $310,000
2020 Class Compensation Years: $365,000
2019 Class Compensation Years: $390,000
2018 Class Compensation Years: $420,000
2017 and more senior class compensation years: $435,000
