About the Position

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Legal Counsel

Location: Skokie, IL (Hybrid / Remote options available) 

Role Overview

Oak Point Partners is a fast-growing financial and investment company with a unique business model. Our entrepreneurial environment offers team members the ability to learn, grow, and have a meaningful impact every day.

The Legal Counsel will be a member of the Legal department and tasked with providing counsel on contract law, corporate structures, M&A and insolvency matters. More specifically, the Legal Counsel will be engaged with and provide support in the following areas: document drafting and review, corporate entity research, and other legal matters and assistance as needed, including special projects, related to our asset acquisitions. The ideal candidate will be a motivated, detail-oriented and organized team player, with a desire to provide exceptional service to the organization’s business units.

Essential Duties and Responsibilities

  • Provide legal support and assist with drafting, reviewing, and negotiating asset purchase agreements and ancillary documents, including sale motions and related pleadings, necessary for our asset acquisitions.

  • Help build and improve contract templates and negotiation playbooks and assist with providing internal training to acquisition sourcing team.

  • Support strategic initiatives pertaining to the development/updating of processes, tools, and templates to improve overall risk management and contracting practices and to help drive adoption of such processes, tools, and templates.

  • Research entity operational histories, ownership structures and transactional activities, including corporate formations, conversions, mergers, dissolutions, insolvencies, acquisitions and divestitures.

  • Provide authoritative guidance to business teams around issue resolution and risk management for asset acquisitions and monetization efforts.

  • Perform special projects and other related duties as assigned or requested.

 

Knowledge, Skills, and Experience Required

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or experience required:

  • J.D. Degree from an accredited U.S. law school and active license to practice law in Illinois.

  • 6+ years of experience as a practicing attorney in a law firm or in-house legal department ideally with at least 3 years’ experience in a law firm’s restructuring, turnaround or insolvency advisory practice with strong preference for large commercial debtor representations.

  • Additional experience or a degree in finance, accounting, business or banking would be a plus as would Federal Clerkship or Intern experience, though not mandatory. 

  • Excellent communication, analytical, organizational, project management, and interpersonal skills.

  • A self-starter mentality with the ability to work well under pressure, thrive working under limited direction, and an attitude that no job is too challenging or too small.

  • Ability to provide solutions to a variety of issues of varied scope and complexity and to prioritize and balance multiple tasks in a fast-paced, continuously evolving environment.

  • Ability to meet multiple deadlines, with a high degree of accuracy and efficiency.

  • Ability to problem solve, work autonomously, think independently and tackle projects with minimal supervision while maintaining timely and efficient organization.

  • Ability to carefully proofread and pay close attention to detail.

  • High level of proficiency with technology and information management tools, including Microsoft Office Suites (Word, Excel, PowerPoint), Microsoft Teams, Zoom, and Adobe PDF.

  • Proficiency with electronic research tools, including the United States court electronic filing system (CM/ECF) or PACER, Secretary of State databases, UCC and lien databases, Edgar, and other internet based corporate databases.

  • Ability to learn and work with internal, proprietary databases.

Physical Demands, Work Environment & Location

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the functions.

  • Ability to work in a fast-paced office environment, utilizing computer equipment for extended periods.

  • Location: Starting out this will be a full-time on-site / in-office role with a discretionary option for hybrid arrangement (at least 2 days on-site preferred) after an introductory period.

  • Hours: The company’s standard workweek is 40 hours with standard hours between 8 am – 6 pm. This role may require after-hours work. 

Culture

  • We have a well-defined mission and strongly held core beliefs and cultural values.

  • We promote a workplace where employees can make an impact beyond financial results.

  • We believe in being truly agile in every decision, action, and interaction.

  • We recruit talented employees who embody a growth mindset and who are a strong fit for our culture and high-performing teams.

  • We value learning and teaching, and we invest in employee development and growth.

  • We foster a collaborative and team-focused work environment.

Compensation

Annual salary is $125,000 to $165,000, depending on prior work experience. Other benefits include:

  • Potential for discretionary annual performance-based bonus

  • Company paid health and dental insurance

  • Disability and life insurance benefits

  • 401(k) retirement plan with Company match

  • Paid time off

About Oak Point Partners

Oak Point Partners is the leading institutional buyer of remnant assets. We have completed over 2,000 transactions with Fortune 500 publicly traded companies, portfolio companies of many of the largest private equity firms, and privately held businesses. Oak Point Partners is headquartered in the near north Chicago suburb of Skokie next to Old Orchard shopping mall.

Note

This job description in no way states or implies that these are the only duties to be performed by the employee(s) of this position. Employees will be required to follow any other job-related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments. All duties and responsibilities are essential functions and requirements and are subject to possible modification to reasonably accommodate individuals with disabilities.