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Investment Funds Attorney; Professional Track

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: Direct Counsel
Full Time position
Listed on 2026-01-12
Job specializations:
  • Law/Legal
    Financial Law, Regulatory Compliance Specialist
  • Finance & Banking
    Regulatory Compliance Specialist
Salary/Wage Range or Industry Benchmark: 135000 - 300000 USD Yearly USD 135000.00 300000.00 YEAR
Job Description & How to Apply Below
Position: Investment Funds Attorney (Professional Track)

Investment Funds Attorney (Professional Track) — New York, Chicago, or Austin

Direct Counsel is seeking an Investment Funds Attorney to join a top-tier global firm on a professional (non-partnership) track. This role is ideal for an attorney with 1–3 years of experience in fund formation who is looking to build deep, specialized experience within a highly regarded Investment Funds practice.

About the Role

In this position, you will support a sophisticated funds group handling a variety of matters for private investment fund sponsors and institutional investors.

  • Drafting and negotiating fund organizational documents
  • Preparing and negotiating investor side letters
  • Coordinating investor closings and subscription processes
  • Supporting secondary transactions (a plus, but not required)

This is an opportunity to work within a collaborative team that handles complex, high-value fund matters across multiple offices.

Key Responsibilities
  • Perform legal research and analysis related to fund formation and regulatory matters
  • Draft, review, and revise fund documents, investor communications, and related agreements
  • Support partners and senior attorneys on fund launches and investor onboarding
  • Manage deliverables, deadlines, and client communication with professionalism and efficiency
  • Collaborate across offices and practice groups on client needs
  • Mentor junior team members as applicable
Qualifications
  • J.D. from an accredited law school
  • 1–3 years of experience in investment funds, fund formation, or related corporate work
  • Strong analytical, drafting, and organizational skills
  • Ability to work independently and within a collaborative team environment
  • Prior Am Law experience preferred
Work Environment

Hybrid schedule with regular in-office engagement. Fast-paced, team-oriented environment that values communication, quality, and responsiveness.

Compensation

The expected salary range for this position is $135,000 — $300,000, depending on experience and location. The firm also offers a comprehensive benefits package, including medical, dental, vision, and 401(k).

Direct Counsel

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