The role offers the opportunity to apply legal training in a highly commercial, intellectually engaging and client-focused environment. Please note: this role will be positioned within our staff population and will therefore have no billable targets.

This role will be located in our London office and may be eligible for a flexible working schedule that allows for a hybrid and in-office presence.

Responsibilities & Qualifications

Other key responsibilities include:

• In coordination with the HSA and relevant partners in the Restructuring team, reviewing and analysing the terms of the capital and group structure of companies which may be in need of new capital, liability management or restructuring.
• Contributing to reports for clients and potential clients summarising the terms of financing arrangements and analysing companies’ ability to raise additional debt and other forms of capital; potential areas of value leakage away from their lenders and other stakeholders; their ability to undertake liability management transactions; potential restructuring processes and scenarios; potential defensive actions that could be taken by any of their stakeholders as well as by the company and an analysis of potential directors’ duties implications
• Presenting findings and investment opportunities with the HSA and/or applicable partners to a global range of investor and corporate clients
• Brainstorming market themes, actively contributing their own ideas and developing others
• Working with the HSA and Restructuring partners to help with identification of stressed sectors and industry shifts that lead to new business and stronger relationships, including the potential to connect clients to deal origination ideas and differentiating Latham in its offering
• Updating pipeline lists, focusing on maturity profiles, capital needs, and sector stress/shifts/impact based on current economic conditions (and liaising with the HSA and the rest of the Tactical Opportunities team in this regard)
• Contributing to pitching, competitive analysis and client profiles
• Meeting with, and building relationships with, financial advisors to gain up-to-date market information

We’d love to hear from you if you:

• Demonstrate knowledge of one or more of the following practice areas: leveraged finance, high yield bonds, and/or restructuring
• Possess finance and/or restructuring industry knowledge appropriate to the candidate’s PQE, including familiarity with the major players in the industry and some understanding of the commercial nuances around cross border transactions with loan and bond structures
• Can exhibit a working knowledge of incurrence-based covenants used in loans and high yield products; desirable, but not essential

And have:

• A Bachelor of Laws degree or equivalent
• Qualified in England and Wales, another common law jurisdiction, or a US jurisdiction
• Experience as a qualified practicing attorney in restructuring, high yield and/or leveraged finance in a leading international law firm

Benefits & Additional Information

Successful candidates will not only be provided with an outstanding career opportunity and welcoming environment, but will also be provided with a generous total compensation package with bonuses awarded in recognition of both individual and firm performance. Eligible employees can participate in Latham’s comprehensive benefit program which includes:

• Health insurance as well as group income protection and life assurance
• A pension plan
• Wellness programs
• Employee discounts
• And more!

Additionally, we have a range of programming including Global Affinity Groups, which are open to all. These groups provide a firmwide platform to share experiences and advice as well as an opportunity to participate in a supportive network with common interests to help make life at the firm even better.

Latham & Watkins is an equal opportunity employer. The Firm prohibits discrimination against any employee or applicant for employment on the basis of race, colour, religion, sex, age, national origin, sexual orientation, gender identity, gender expression, marital status, or any other characteristic or condition protected by applicable statute. #MidSenior #LI-MM1