Restructuring Associate

We are Buchanan; Greater London; Hybrid; GBP 90,000 - 150,000; Full time

Job summary

An elite US law firm in London seeks an NQ-3PQE Associate to join its growing restructuring practice. You will work on sophisticated domestic and cross-border matters spanning financial restructurings, liability management, recapitalisations, stressed and distressed situations, insolvency proceedings and distressed M&A.

You will collaborate with creditor groups, sponsors, lenders and insolvency practitioners, and you will receive substantial responsibility from an early stage within an

Qualifications

• England and Wales qualified, or due to qualify shortly.
• NQ-3PQE, with candidates above this level unlikely to be considered.
• Trained and retained by a well-regarded UK law firm.
• Genuine restructuring experience gained during a training contract or in post-qualification practice.
• Strong academic credentials and an excellent training background.
• Commercially minded, technically capable and comfortable working on complex, fast-moving matters.
• Able to collaborate effectively across complementary finance and corporate practices.

Responsibilities

• Advise on complex financial and corporate restructurings.
• Act on creditor, sponsor and debtor-side mandates.
• Support liability management exercises and recapitalisations.
• Work on schemes of arrangement, restructuring plans and formal insolvency processes.
• Advise on stressed and distressed financings, enforcement matters and distressed transactions.
• Collaborate with private equity, leveraged finance, capital markets and private credit specialists.
• Contribute to significant cross-border matters alongside colleagues in Europe and the United States.
• Work closely with senior partners and receive substantial responsibility from an early stage.

Job description

Overview

An elite US law firm is seeking an NQ-3PQE Associate to join its growing London restructuring practice.

The successful candidate will work on sophisticated domestic and cross-border matters spanning financial restructurings, liability management, recapitalisations, stressed and distressed situations, insolvency proceedings and distressed M&A.

The practice advises stakeholders across the capital structure, including creditor groups, financial sponsors, companies, investors, lenders and insolvency practitioners. This opening is specifically intended to strengthen the junior level of a highly experienced team.

What You'll Do

• Advise on complex financial and corporate restructurings.
• Act on creditor, sponsor and debtor-side mandates.
• Support liability management exercises and recapitalisations.
• Work on schemes of arrangement, restructuring plans and formal insolvency processes.
• Advise on stressed and distressed financings, enforcement matters and distressed transactions.
• Collaborate with private equity, leveraged finance, capital markets and private credit specialists.
• Contribute to significant cross-border matters alongside colleagues in Europe and the United States.
• Work closely with senior partners and receive substantial responsibility from an early stage.

About You

• England and Wales qualified, or due to qualify shortly.
• NQ-3PQE, with candidates above this level unlikely to be considered.
• Trained and retained by a well-regarded UK law firm.
• Genuine restructuring experience gained during a training contract or in post-qualification practice.
• Strong academic credentials and an excellent training background.
• Commercially minded, technically capable and comfortable working on complex, fast-moving matters.
• Able to collaborate effectively across complementary finance and corporate practices.

For NQ candidates, a strong restructuring seat and evidence of retention will be particularly important. Candidates at 2-3PQE should be able to demonstrate substantive restructuring experience, ideally involving creditor groups, liability management, private credit or complex cross-border matters.

Why Apply?

• Join a rapidly expanding London restructuring practice.
• Gain close exposure to a highly experienced senior team.
• Work on major cross-border restructurings, recapitalisations and liability management transactions.
• Develop experience across creditor, investor, sponsor and debtor-side mandates.
• Benefit from an integrated international platform and strong links with private equity, finance and capital markets teams.
• Receive market-leading remuneration and access to a competitive bonus structure.
• Progress through a streamlined interview process, typically comprising two partner-led stages.