Portfolio Counsel

Intro description:

Legalist is an institutional alternative asset management firm. Founded in 2016 and incubated at Y Combinator, the firm uses data-driven technology to invest in credit assets at scale. We are always looking for talented people to join our team.

We're hiring a Portfolio Counsel to lead monitoring of our growing portfolio of litigation finance investments. You'll be joining a growing team of engineers, lawyers, and data scientists to make real-time decisions in a fast-paced environment.

In this role, you will own our existing 200+ litigation finance investments, reporting directly to our Managing Director and weekly to our Chief Investment Officer. Our portfolio requires active management by someone able to combine commercial savvy with legal nous.

This is a front-office position for someone looking to apply legal skills to managing a large number of investment positions. This person is comfortable (in addition to monitoring underlying commercial litigation) with analyzing contracts, negotiating with counterparties, and resolving disputes – all with an eye to optimally exiting our investment positions.

If you are a commercially minded generalist who enjoys hard work and new challenges, this may be the job for you; if you've ever answered a question with "I'm not that kind of attorney" – or "I'm just an attorney" – this would probably not be a good fit.

Core responsibilities:

• Serve as primary contact with our investment counterparties and monitor progress of underlying cases
• Report investment progress to internal stakeholders and evaluate problem investments for internal and external escalation
• Work with colleagues on our Finance and Investor Relations teams on quarterly reporting of investment positions
• Own the valuation process for our litigation finance investment, including serving on the company's Valuation Committee
  
  

Qualifications:

• J.D. from an accredited law school
• 6+ years litigation, restructuring, or similar experience, including prior inhouse experience
• Prior experience at an investment adviser or financial firm a plus
  
  

Benefits:

• Competitive salary
• Health, dental, and vision
• Annual Company Retreat
• Twelve paid vacation days plus ten bankable federal holidays