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For Companies At a Glance
- Tasks: Join a dynamic team tackling distressed M&A, restructurings, and insolvencies.
- Company: A top-tier Scottish law firm with a strong reputation in restructuring and insolvency.
- Benefits: Enjoy competitive salary, flexible working options, and a supportive work culture.
- Why this job: Make a real impact by helping clients navigate financial challenges while developing your legal expertise.
- Qualifications: Qualified lawyer with 5+ years' experience in restructuring and insolvency law required.
- Other info: Hybrid working available; based in Edinburgh or Glasgow.
The predicted salary is between 43200 - 72000 £ per year.
Job Description
Top Tier Scottish law firm are looking to hire an Associate/ Senior Associate to join their highly successful Restructuring and Insolvency team- this role can be based in Edinburgh or Glasgow and hybrid-working is also on offer.
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Role Profile:
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- The role will involve work on distressed M&A, restructurings, enforcements, insolvencies and advisory work for boards of distressed companies and clients will include corporates, lenders, insolvency practitioners and law firms.
- You will work closely with clients, lenders, administrators, and other stakeholders to deliver strategic solutions during times of financial distress, ensuring compliance with all relevant legislation while protecting client interests.
- Advise on corporate restructuring, business turnaround strategies, and formal insolvency processes (administration, liquidation, CVAs, schemes of arrangement, etc.). Act for a range of stakeholders, including creditors, debtors, insolvency practitioners, financial institutions, directors, and shareholders. Draft and negotiate restructuring agreements, security documents, and insolvency-related contracts. Conduct legal due diligence on distressed assets and businesses. Liaise with insolvency practitioners, regulators, and other advisors to coordinate complex matters. Provide strategic risk assessments and contingency planning advice. Represent clients in contentious insolvency proceedings, including asset recovery, director disqualification, and cross-border enforcement. Keep abreast of developments in insolvency law, case precedents, and regulatory changes. Support business development by maintaining strong client relationships and contributing to marketing initiatives.
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Candidate Requirements:
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- Qualified lawyer with 5+ years’ PQE in restructuring & insolvency law.
- Strong technical knowledge of insolvency legislation, restructuring frameworks, and relevant case law.
- Experience advising across both corporate and personal insolvency matters.
- Skilled in managing both contentious and non-contentious insolvency work.
- Excellent drafting, negotiation, and advocacy skills.
- Commercial acumen and the ability to provide pragmatic, solutions-focused advice.
- Strong stakeholder management and communication skills, including the ability to handle sensitive situations with discretion.
- Ability to manage multiple matters under tight deadlines.
- Experience working on cross-border insolvency matters.
- Established network within the insolvency and restructuring community.
- Track record of client development and relationship management.
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On Offer:
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Competitive salary and benefits – The firm also offer a progressive flexible working approach.
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To Apply:
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For a confidential discussion, to request the job description or to apply, please click on the Apply Button.
Associate- Restructuring employer: Thomson LRC
Contact Detail:
Thomson LRC Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Associate- Restructuring
✨Tip Number 1
Network within the insolvency and restructuring community. Attend relevant events, webinars, or workshops to meet professionals in the field. This can help you gain insights into the industry and potentially lead to referrals.
✨Tip Number 2
Stay updated on recent developments in insolvency law and case precedents. Follow industry publications and join online forums to engage with current discussions. This knowledge will not only enhance your expertise but also demonstrate your commitment to the field during interviews.
✨Tip Number 3
Prepare to discuss your experience with both contentious and non-contentious insolvency matters. Be ready to provide specific examples of how you've managed complex cases and the outcomes achieved, as this will showcase your practical skills and problem-solving abilities.
✨Tip Number 4
Highlight your commercial acumen and ability to provide pragmatic advice. Think of scenarios where you've successfully navigated sensitive situations or provided strategic solutions for clients, as these stories will resonate well with potential employers.
We think you need these skills to ace Associate- Restructuring
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in restructuring and insolvency law. Emphasise your 5+ years of PQE and any specific cases or projects that showcase your skills in managing both contentious and non-contentious insolvency work.
Craft a Strong Cover Letter: Write a compelling cover letter that outlines your motivation for applying to this top-tier Scottish law firm. Discuss your technical knowledge of insolvency legislation and how your experience aligns with the role's requirements, particularly in advising distressed companies.
Showcase Your Skills: In your application, highlight your excellent drafting, negotiation, and advocacy skills. Provide examples of how you've successfully managed stakeholder relationships and handled sensitive situations with discretion.
Research the Firm: Familiarise yourself with the firm's values, recent cases, and their approach to restructuring and insolvency. This will help you tailor your application and demonstrate your genuine interest in joining their team.
How to prepare for a job interview at Thomson LRC
✨Know Your Legislation
Make sure you have a solid understanding of insolvency legislation and restructuring frameworks. Brush up on recent case law and regulatory changes, as these are likely to come up during the interview.
✨Demonstrate Your Experience
Be prepared to discuss your previous experience in both corporate and personal insolvency matters. Highlight specific cases where you successfully managed contentious and non-contentious work, showcasing your problem-solving skills.
✨Showcase Your Communication Skills
Since strong stakeholder management is crucial for this role, practice articulating your thoughts clearly and confidently. Be ready to provide examples of how you've handled sensitive situations with discretion in the past.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your ability to provide pragmatic, solutions-focused advice. Think about potential challenges in restructuring and insolvency processes and how you would approach them strategically.
