At a Glance
- Tasks: Join a top-tier law firm to tackle complex restructuring and insolvency cases.
- Company: Leading Scottish law firm with a strong reputation in the legal sector.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Other info: Dynamic team environment with a focus on client relationships and business development.
- Why this job: Make a real difference by advising clients during financial distress and shaping their futures.
- Qualifications: Qualified lawyer with 5 years’ experience in restructuring and insolvency law.
The predicted salary is between 36000 - 60000 £ per year.
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.
Role Profile:
- The role will involve work on distressed M&A, restructurings, enforcements, insolvencies and advisory work for boards of distressed companies.
- 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.
Candidate Requirements:
- 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.
On Offer:
Competitive salary and benefits - The firm also offer a progressive flexible working approach.
To Apply:
For a confidential discussion, to request the job description or to apply, please click on the Apply Button.
Locations
Associate- Restructuring in Edinburgh, Glasgow employer: Thomson LRC
As a top-tier Scottish law firm, we pride ourselves on fostering a dynamic and inclusive work culture that prioritises employee growth and development. Our hybrid-working model allows for flexibility, ensuring a healthy work-life balance while you engage in meaningful work within our highly successful Restructuring and Insolvency team. With competitive salaries and a commitment to professional advancement, we offer an exceptional environment for qualified lawyers looking to make a significant impact in the field of restructuring and insolvency.
StudySmarter Expert Advice🤫
We think this is how you could land Associate- Restructuring in Edinburgh, Glasgow
✨Tip Number 1
Network like a pro! Reach out to your connections in the legal field, especially those in restructuring and insolvency. Attend industry events or webinars to meet potential employers and get your name out there.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge of insolvency legislation and recent case law. We want you to showcase your expertise and demonstrate how you can provide solutions during financial distress.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, send a quick thank-you email to express your appreciation and reiterate your interest in the role. It keeps you fresh in their minds.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Associate- Restructuring in Edinburgh, Glasgow
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to highlight your experience in restructuring and insolvency law. We want to see how your skills align with the role, so don’t be shy about showcasing your relevant achievements!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about this role and how your background makes you the perfect fit for our team. Keep it concise but impactful!
Showcase Your Technical Knowledge:We’re looking for someone with strong technical knowledge of insolvency legislation and restructuring frameworks. Make sure to mention specific cases or experiences that demonstrate your expertise in these areas.
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just click that Apply Button!
How to prepare for a job interview at Thomson LRC
✨Know Your Stuff
Make sure you brush up on your knowledge of restructuring and insolvency law. Familiarise yourself with recent case law and legislative changes, as well as the specific challenges faced by distressed companies. This will show that you're not just a qualified lawyer, but someone who is genuinely engaged with the field.
✨Showcase Your Experience
Prepare to discuss your previous experience in both contentious and non-contentious insolvency matters. Be ready to share specific examples of how you've managed complex cases or provided strategic advice to clients. This will help demonstrate your capability and fit for the role.
✨Practice Your Drafting Skills
Since drafting and negotiating agreements is a key part of the job, consider bringing along samples of your work or preparing to discuss your approach to drafting restructuring agreements. This will highlight your technical skills and attention to detail, which are crucial in this line of work.
✨Build Rapport with Stakeholders
During the interview, focus on your stakeholder management skills. Discuss how you've successfully liaised with various parties, such as creditors, debtors, and insolvency practitioners. Showing that you can handle sensitive situations with discretion will be a big plus for the interviewers.
