Associate Counsel

Laundry Capital Co. LLC; New York (NY); Híbrido; USD 115 000 - 125 000; Tempo integral

Resumo da oferta

Laundry Capital Co. LLC, based in New York City, seeks an Associate Counsel to handle end-to-end real estate and retail transactional work in a hybrid in-house setting.

The role offers exposure to high-volume leasing, complex acquisitions, and governance for a growing national portfolio. Ideal candidates have 2+ years of legal experience, NY admission, and JD from an accredited school, with a strong preference for those with operating business exposure and cross-functional collaboration

Qualificações

• JD from an accredited law school; admitted to practice in good standing in NY
• 2+ years legal experience at a law firm or in-house
• Exposure to real estate, leasing, corporate, or transactional matters required
• Experience supporting operating business preferred

Responsabilidades

• Draft and negotiate real estate leases, brokerage and financing documents
• Manage entity governance for a national footprint with deadlines
• Oversee risk, disputes, and insurance programs; coordinate with external counsel
• Partner with business teams on acquisitions, operations, and development matters

Conhecimentos

Real estate

Leasing

Corporate

Transactions

Operating business

Formação académica

Juris Doctor (JD) from an accredited law school

Descrição da oferta de emprego

This opportunity was posted more than 30 days ago and no application deadline was provided. You can explore active listings below.

Associate Counsel

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Organising Institution / Firm

Laundry Capital Co. LLC

Not Specified by Organiser

Not Specified

Juris Doctor (JD) from accredited law school; admitted to practice in good standing in the State of New York; 2+ years legal experience at law firm or in-house; prior exposure to real estate, leasing, corporate, or transactional matters required; experience supporting operating business preferred

Full-time Job

Full Opportunity Brief

Why This In-House Role at Laundry Capital Signals a Career Inflection Point

The legal recruitment landscape in New York City is notoriously competitive, yet certain openings stand out not merely for their compensation bands but for the strategic trajectory they offer. The Associate Counsel position at Laundry Capital Co. LLC, posted just days ago in Queens, represents precisely this caliber of opportunity. It is a rare hybrid role that sits at the intersection of sophisticated commercial real estate transactions and high-volume retail operations—a duality that builds a legal skillset portable across the most resilient sectors of the economy. For the mid-level attorney feeling the ceiling of a specialized law firm practice, or the in-house counsel seeking broader operational exposure, this role warrants immediate, strategic attention.

Insider Perspective: "Roles reporting directly to a General Counsel in a dual-entity structure (Real Estate + Operating Business) are the 'goldilocks' zone for career acceleration. You get deal complexity without the billable hour grind, and operational urgency without the bureaucracy of a Fortune 500 legal department."

Deconstructing the Dual-Mandate: Real Estate & Retail Operations

Laundry Capital is not a monolith. The job description explicitly outlines two distinct engines: RW Real Estate Group, a NYC-based commercial real estate firm handling acquisitions, development, leasing, and asset management; and Laundry Capital, North America's largest retail laundromat chain with a rapidly expanding national footprint. This structural reality dictates the Associate Counsel's daily workflow in a way few other roles do.

On the real estate side, the mandate involves acquisitions, dispositions, and financings—requiring diligence review, closing coordination, and navigation of complex title and survey issues. Simultaneously, the retail arm demands high-volume leasing support, service agreement negotiation, vendor management, and entity governance across a growing national portfolio. This is not 'document review'; it is end-to-end transactional ownership. The successful candidate will draft the lease amendments for a new laundromat location in Ohio on Tuesday and coordinate a $20M refinancing closing for a Manhattan asset on Wednesday. That variety is the crucible for a General Counsel-in-training.

Key Responsibilities That Build a Partner-Level Toolkit

• Transactional Fluency: Drafting and negotiating leases, brokerage agreements, NDAs, and financing documents across diverse jurisdictions.
• Entity Governance at Scale: Maintaining corporate records, tracking filing deadlines, and managing entity formation for a national footprint—critical for any future GC role.
• Litigation & Risk Oversight: Tracking disputes, managing insurance programs, and coordinating external counsel—moving you from "drafter" to "strategic risk manager."
• Cross-Functional Collaboration: Direct partnership with business teams (acquisitions, operations, development) rather than siloed legal support.

The General Counsel Reporting Line: What It Means for Your Growth

The reporting structure—directly to the General Counsel and Assistant General Counsels—

• Mentorship Density: Daily access to experienced GCs who view your development as a retention strategy.
• Strategic Visibility: Your work product reaches the C-suite without filtration, accelerating the "trusted advisor" timeline.
• Succession Planning: Companies with AGCs and Associate Counsels often have explicit internal promotion pathways. The posting's emphasis on "increasing responsibility over time" and "investing in developing legal talent" is not boilerplate; it is a signal of organizational design.

Compensation Architecture: Beyond the Base Salary

The posted range of $115,000 – $125,000 base plus discretionary bonus requires contextualization. For a 2-4 year attorney in Queens/NYC, this base is competitive with mid-market firms and exceeds many non-profit or government roles. However, the total compensation calculus must include:

• Bonus Potential: "Discretionary" in a growing, profitable private company often correlates strongly with company performance—potentially adding 15-25% to total cash.
• Benefits Load: Medical, dental, vision, and commuter benefits (critical for Queens/NYC logistics) represent a $15k-$20k annual value often ignored in offer comparisons.
• Equity/Upside: While not explicitly stated, private companies at this growth stage ("rapidly expanding national footprint") frequently introduce phantom stock or equity plans for key legal hires. This is a negotiation lever for the final interview stage.
• Work-Life Sustainability: The shift from 1,900+ billable hours to a predictable in-house rhythm recovers 300-500 hours/year—effectively a $30k-$50k "time dividend" at firm rates.