Restructuring & Leveraged Finance Associate
A leading international law firm, Debevoise & Plimpton, is seeking a highly motivated associate to join its Restructuring & Leveraged Finance practice in New York.
About Us
An elite international law firm known for advising leading financial institutions, private equity sponsors, and multinational corporations on their most complex matters. The firm’s Restructuring & Finance teams are consistently recognized for their depth of experience, strategic insight, and ability to execute on high-stakes transactions.
- Market-leading Restructuring & Special Situations practice with global reach
- Exposure to high-profile, complex transactions across industries
- Collaborative, team-oriented culture with strong mentorship
- Direct client interaction and early responsibility
- Clear path for long-term professional growth within a premier platform
Position Overview
The ideal candidate will have experience in leveraged finance, restructuring, or a combination of both, and will play a key role advising private equity sponsors, lenders, and corporate clients on a broad range of financing and distressed transactions. This role offers exposure to:
- Complex leveraged and acquisition financings
- Distressed debt and special situations
- In-court and out-of-court restructurings
- Cross-border transactions involving sophisticated capital structures
Responsibilities
- Draft and negotiate credit agreements, commitment letters, and ancillary financing documents
- Advise clients on capital structure, liability management, and restructuring strategies
- Support execution of leveraged buyouts, recapitalizations, and refinancings
- Assist on Chapter 11 proceedings and out-of-court restructurings
- Coordinate with internal teams and external stakeholders including financial advisors and investment professionals
- Manage transaction timelines and contribute to client-facing strategy discussions
Requirements
- J.D. from a top-tier law school with strong academic credentials
- 3–6 years of experience at a leading law firm in leveraged finance, restructuring, or banking
- Experience representing private equity sponsors, lenders, or corporate borrowers
- Strong drafting, analytical, and organizational skills
- Ability to manage multiple complex transactions in a fast-paced environment
- Admission to the New York Bar (or eligibility required)
Benefits
- Cravath-scale base salary and bonus structure (top of the New York market)
- Total compensation for midlevel and senior associates reaches mid-to-high six figures
- Comprehensive benefits package
Pay
$225,000 - $425,000 per year