Fund Formation Career Associate Attorney

Job Description

Job Description

Fund Formation Career Associate Attorney

Direct Counsel is seeking a Fund Formation Career Associate Attorney to join a prestigious Am Law firm in Wheeling, West Virginia . Remote work is available for candidates based in the Pittsburgh, Pennsylvania area.

This is a unique opportunity for an attorney with 1-2 years of transactional experience to join a nationally recognized Fund Formation practice. This is a long-term, non-partnership-track Career Associate position designed for attorneys seeking sophisticated transactional work, mentorship, professional development, and a sustainable work-life balance within a leading global law firm.

Responsibilities

• Assist with the formation of private investment funds, including venture capital, growth equity, impact, and crossover funds.

• Draft and review limited partnership agreements, private placement memoranda, subscription agreements, side letters, and related fund documentation.

• Support both sponsor-side and investor-side fund formation representations.

• Assist with regulatory compliance matters related to private investment funds.

• Work on co-investment vehicles, secondary transactions, and other fund-related matters.

• Conduct legal research and assist with transactional due diligence.

• Collaborate closely with partners and senior attorneys on sophisticated fund formation transactions.

• Develop a strong understanding of private investment fund structures and the broader venture capital ecosystem.

Qualifications

• J.D. from an ABA-accredited law school.

• Active membership in the West Virginia or Pennsylvania Bar, or eligibility for prompt admission.

• 1-2 years of transactional legal experience.

• Prior experience through a law firm, clerkship, internship, legal clinic, or other transactional practice is preferred.

• Interest or coursework in securities regulation, investment management, corporate law, or partnership taxation is highly desirable.

• Strong academic credentials.

• Excellent legal writing, communication, analytical, and organizational skills.

• Exceptional attention to detail.

• Demonstrated interest in developing a long-term career in private fund formation.

• Ability to thrive in a collaborative, team-oriented environment.

Compensation & Benefits

• Salary: $130,000-$160,000, commensurate with experience and qualifications.

• Comprehensive benefits package, including:

  • Medical, dental, vision, and life insurance

  • Mental health and wellness programs

  • Child, family, elder, and pet care benefits

  • Short- and long-term disability coverage

  • Industry-leading parental leave

  • Health Savings Account (HSA) and Flexible Spending Account (FSA) options

  • 401(k) retirement plan

  • Flexible Time Off (FTO) and paid holidays

  • Annual discretionary performance bonus eligibility