Compensation & Benefits Atty: Private Equity 5+ yr

Cooley LLP; Chicago (IL); On-site; USD 329,000 - 402,000; Full time

Benefits offered by this job

Medical

Health Savings Account

Dental

Vision

Flexible Spending Accounts

Pre-tax commuter benefits

Life insurance

AD&D

Long-term care coverage

Backup care for children and/or adults

Parental leave

Fertility benefits

Job summary

Cooley LLP in Chicago seeks an Associate for its Compensation and Benefits practice with 5+ years of experience advising on executive compensation and employee benefits. The focus includes representing private equity sponsors in acquisitions and divestitures and managing day-to-day portfolio company matters.

The ideal candidate will handle grants of profits interests and LLC incentive awards, rollover equity, and related employment and severance arrangements, with experience in mergers and

Qualifications

• 5+ years of experience advising on executive compensation and employee benefits.
• Experience representing private equity sponsors in acquisitions and divestitures.
• Experience with IRC sections 280G and 409A.

Responsibilities

• Advise on executive compensation and employee benefits for portfolio companies.
• Represent private equity sponsors in acquisitions and divestitures.
• Draft and negotiate profits interests, LLC incentive awards, rollover equity, and employment/severance arrangements.
• Handle day-to-day portfolio company matters.

Skills

Executive compensation

Employee benefits

Analytical skills

Written communication

Oral communication

Private equity

Job description

The Compensation and Benefits practice group is seeking an Associate to join the team. Our ideal candidate will have 5+ years of experience advising on executive compensation and employee benefits matters with a particular emphasis on representing private equity sponsors in acquisitions and divestitures and handling day-to-day portfolio company matters, including grants of profits interests and other LLC incentive awards, management holdco vehicles, rollover equity, and employment and severance arrangements. Experience with mergers and acquisitions involving other privately held companies, and IRC Sections 280G and 409A is also required. Qualified candidates will have excellent academic credentials and superior writing, oral communication and analytical skills. EOE.

The expected annual pay range for this position is $365,000+. Please note that final offer amount will be dependent on geographic location, applicable experience and skillset of the candidate.

We offer a full range of elective benefits including:

• medical
• health savings account (with applicable medical plan)
• dental
• vision
• health and/or dependent care flexible spending accounts
• pre-tax commuter benefits
• life insurance
• AD&D
• long-term care coverage
• backup care for children and/or adults and other parental support benefits

In addition to elective benefit options, benefited employees receive:

• firm-paid life insurance
• AD&D
• LTD
• short term medical benefits
• accruing vacation time at the rate of four weeks per year
• sick time at the rate of two weeks per year
• 10 paid holidays each year

We provide generous parental leave and fertility benefits. New employees will attend a detailed benefit orientation to learn more about our many benefits and resources.