At a Glance
- Tasks: Join a dynamic team to lead legal aspects of fund development and structuring.
- Company: LaSalle, a global leader in investment management with a collaborative culture.
- Benefits: Competitive salary, professional growth opportunities, and a vibrant work environment.
- Other info: Exciting opportunity for career advancement in a fast-paced, international setting.
- Why this job: Make a significant impact in a commercial legal role within a global context.
- Qualifications: 4-6 years of experience in funds law, strong project management, and communication skills.
The predicted salary is between 81000 - 99000 £ per year.
Team Overview: The new Legal Counsel will join LaSalle’s Global Funds Team (GFT) reporting to the Global Funds Counsel. GFT is a sophisticated legal team sitting alongside the global Legal & Compliance team of LaSalle and JLL. This team is highly specialized on fund structuring, fund setup and investor on-boarding. GFT also supports product development as part of the product development core group. This role is global but based in London. The team currently consists of the Global Funds Counsel, one Legal Counsel and two Paralegals (one based in London and another in Chicago).
Role and Accountabilities: As GFT Legal Counsel, the primary responsibility of this role will be to support the business in all legal aspects of the product development, fund structuring and fundraising lifecycle (including development of the concept and structuring, fund marketing, fund documentation, investor onboardings and closings) for a number of existing and new LaSalle products (commingled funds and tailored cross border separate accounts). At LaSalle, GFT takes the lead for the project management of the fund launch making this an exciting and commercial legal role. The new Legal Counsel will need to establish a close working relationship with stakeholders across the business to become a trusted partner able to contribute to the goals of the business by combining their excellent legal knowledge and project management skills with a commercial approach. Main stakeholders are LaSalle’s Marketing and Investor Relations (IR) teams and various LaSalle fund and portfolio managers around the globe. This position is also expected to work closely and on a daily basis with our regional tax teams, our regional legal and compliance teams, LaSalle’s finance teams and LaSalle’s AIFM in Luxembourg.
Responsibilities: Deliverables include (but are not limited to):
- Product Development Support: Cooperating with Marketing, IR, the fund teams and Research to develop new fund products. Creating or managing the custody of overviews/databanks for fund key terms, IR client feedback and other legal / market know-how which is relevant to the business. Anticipating market developments resulting from changes of laws and regulations, educating the business teams about these changes and developing product ideas based on these changes.
- Initial Fund Structuring: Leading the process to draft and agree a term sheet and structure chart with all relevant parties. Setting up the project plan and time schedule for the fund formation. Advising the business team regarding the fund structure depending on target investors and type and jurisdiction of the fund target assets together with our regional tax teams, our Global head of tax and external legal and tax counsel. Advising the fund teams regarding the selection of SFDR/SFDR2 categorizations and a LaSalle Net Zero Pathway. Advising and supporting Marketing and IR with the creation of global marketing products. Drafting and reviewing the legal parts of the INREV DDQ and Investor DDQs.
- Fund Set up and Fund Launch: Leading the project management for fund formation and fund launch. Leading the preparation of key legal documents together with external counsel and reviewing while maintaining consistency with LaSalle standard key term and clauses. Supporting the set-up of the fund structure with regional legal teams and external service provider, and coordinate/review the constituent documents with external law firms. Coordinating the actual fund launch with internal and external parties.
- Investor Onboarding: Leading and organising the negotiations with the investors - side letter negotiations and potential requests for LPA amendments together with external counsel, coordinate all comments and amendments internally with fund team, regional legal and compliance teams, regional tax teams, AIFM, risk department, finance and other relevant teams. Coordinating onboarding process with the tax, compliance, and investor services team. Supporting disclosure documents together with external counsel. Coordinating “closings” of mandates and funds.
- Ongoing support of our fund products: Advising on the application of new legislation and regulations and working with portfolio managers and other LaSalle teams to implement any required changes across the fund documentation. Working with portfolio and fund managers regarding queries in respect of the ongoing operation of LaSalle products. Serving as the internal resource and gatekeeper for certain legal queries and other house standard terms.
- Employee Co-Investment Programme and Carried Interest Issuances: Advising the employee co-investment team on the legal and regulatory aspects of LaSalle's employee co-investment programme, including structuring, documentation, and ongoing compliance requirements. Managing new offerings under the employee co-investment programme, including the preparation of the necessary offering documents and assisting with onboarding new employees.
- Managing external Law firms (Panel): Building strong relationships with and managing LaSalle’s panel of outside counsel to ensure timelines and budgets are met and that LaSalle’s precedent documents are utilized.
Required Qualifications & Experience: Between four - six years’ experience as a funds lawyer in an in‑house environment for an investment manager, or within an international law firm. Private equity, credit and/or real estate funds experience required with strong experience for fund structures for equity and debt funds. Must be able to demonstrate high familiarity with key fund terms and broader issues relevant to the private equity, credit and/or real estate funds industry. Must show strong project management and communication skills. Good working knowledge of the regulatory framework relating to investment management, in particular: A comprehensive knowledge of the AIFMD framework required, including AIFM operational requirements, the marketing of investment funds and AIFMD II amendments. Good understanding of SFDR and other global sustainability disclosure regimes is essential. Good understanding of the proposed SFDR2 legislation and anticipated amendments thereunder. Working knowledge of U.S. securities laws and regulations applicable to institutional real estate funds is desirable. An understanding of U.S. and EU retail fund products is expected.
Vice President, Legal Counsel, Global Funds Team in London employer: Jones Lang LaSalle Incorporated
At Jones Lang LaSalle Incorporated, we pride ourselves on fostering a dynamic work culture that prioritises health and safety while empowering our employees to grow professionally. As an HSSEQ Client Lead in London, you will benefit from comprehensive training opportunities, a supportive team environment, and the chance to make a meaningful impact on client operations. Join us to be part of a forward-thinking company that values your contributions and promotes a customer-centric approach.
Contact Details:
Jones Lang LaSalle Incorporated Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Vice President, Legal Counsel, Global Funds Team in London
✨Get Involved in Law Societies
Join local law societies and attend their events – they're often a goldmine for networking and job opportunities in the legal field. Plus, it’s a great way to meet other budding lawyers and experienced solicitors who could provide vital insights and connections.
✨Tap into Online Legal Communities
Don’t underestimate the power of online platforms like LinkedIn and specific legal forums. Get active in discussions or share your thoughts on recent legal developments – this not only builds your visibility but also showcases your passion and knowledge in law.
✨Attend Career Fairs and Workshops
Look out for career fairs and workshops specifically focused on law. Many law firms, including Jones Lang LaSalle Incorporated, will be scouting for fresh talent, so bring your A-game and don’t shy away from making a memorable impression.
✨Leverage Your University’s Career Services
If you’re still in university or have recently graduated, latch onto your career services! They often have connections with law firms looking for graduates and can guide you through the application process tailored for the legal sector.
We think you need these skills to ace Vice President, Legal Counsel, Global Funds Team in London
Some tips for your application 🫡
Highlight Your Legal Knowledge:When applying for a full-time role in legal services at Jones Lang LaSalle Incorporated, make sure to demonstrate your understanding of key legal principles and areas of law relevant to the position. Include any specific coursework, modules, or certifications, like LPC or BPTC qualifications, that showcase your legal expertise directly on your CV.
Showcase Your Research Skills:In the legal field, strong research skills are crucial. Use your application to illustrate how you've utilised these skills in past studies or work experiences – whether that's through past internships or significant projects. Mention any legal databases or tools you’re proficient in, as this can give you an edge.
Tailor That Cover Letter!:Your cover letter is your chance to shine! Make it personal by expressing your genuine interest in Jones Lang LaSalle Incorporated and the specific role of Vice President, Legal Counsel, Global Funds Team. Talk about why you want to be part of their team, how your unique experiences align with their values, and why you’re passionate about the legal sector.
Stay Formal but Friendly:While we all know the legal world can be pretty formal, don’t be afraid to let a bit of personality shine through in your written application. Use a respectful tone, but feel free to inject a little warmth; this approach can help you stand out and show you're a great fit for Jones Lang LaSalle Incorporated’s culture!
How to prepare for a job interview at Jones Lang LaSalle Incorporated
✨Know Your Legal Principles
Brush up on foundational legal principles relevant to the specific area of law you’re applying for, whether it’s corporate, criminal, or family law. We might get asked situational questions to test your knowledge, so being articulate about key concepts will make you stand out.
✨Be Ready for Case Studies
Full-time legal roles often involve case studies during interviews. Prepare to analyse a hypothetical case and discuss your approach to it. Practising this with a peer or mentor can help us refine our reasoning and articulate a solid legal argument.
✨Show Off Your Research Skills
As legal professionals, strong research skills are a must. Have examples ready of how you've effectively used legal databases or conducted thorough legal research in your past experiences. It's a great way to demonstrate your readiness for the role at Jones Lang LaSalle Incorporated.
✨Exude Professionalism and Confidence
In the legal field, professionalism is key. During the interview, we should maintain good eye contact and communicate clearly to show that we’re not just knowledgeable, but also confident. This can make a positive impression on your potential colleagues at Jones Lang LaSalle Incorporated.
