Leveraged Finance / Private Credit Associate Attorney

Job Description

Job Description

Direct Counsel is seeking a Leveraged Finance / Private Credit Associate Attorney to join a national firm.

Available locations : Atlanta, Austin, Boston, Charlotte, Chicago, Dallas, Houston, Miami, New York.

Overview

The firm is seeking an associate attorney with 5–7 years of experience in leveraged finance and private credit to join its Finance & Financial Services practice group. The ideal candidate has substantial experience representing financial institutions, private credit funds, BDCs, and non-bank lenders in sophisticated, sponsor-backed transactions. This role involves significant responsibility, direct client interaction, and ownership of workstreams within a fast-paced, high-performance environment.

Key Responsibilities

Lead and support sponsor-backed acquisition financings across various industries, including cross-border and multi-currency transactions.

Structure and negotiate cash-flow and asset-based lending facilities (senior, senior-stretch, superpriority revolvers).

Handle multi-lender and syndicated credit facilities, including intercreditor and subordination arrangements.

Work on mezzanine and subordinated debt, preferred equity co-investments, and other structured financing solutions.

Advise on liability management transactions (LMEs), including uptier exchanges, covenant resets, amendments, waivers, drop-downs, and exchange offers.

Manage amend-and-extend transactions, refinancings, and recapitalizations for sponsor portfolio companies.

Requirements

5–7 years of leveraged finance / private credit experience at a national, NY-style firm.

JD from an ABA-accredited law school.

Bar admission in one or more listed jurisdictions (FL, NY, MA, IL, GA, NC, TX) or eligibility to become licensed.

Minimum three days per week in-office.

Deep familiarity with LMEs, unitranche / FOLO structures, multi-lender syndications, and sponsor finance market terms.

Strong drafting skills (credit agreements, security documents, intercreditors, commitment papers).

Proven ability to manage complex transactions and client relationships.

Big-law training and a track record of handling sophisticated deals.

Compensation

For the listed locations, the expected compensation range is $365,000 – $420,000 , depending on qualifications and experience. Range may vary for other markets.