Funds Attorney - Knowledge Management

Our client, an AMLAW100 firm is seeking a Knowledge Management Attorney - Funds Innovation to join their team in CHICAGO!

You'll work with leading clients. Disruptors. Fast-growth companies. And help them to stay one step ahead of the moment and make critical decisions that shape their future. We're present in the U.S., U.K., Europe, Latin America, and the Middle East, combining the scale and speed that clients demand.

Position summary

Our clients platform advises sponsors, managers, and institutional investors across private equity, private credit, real estate, venture capital, secondaries, and other funds of funds. The Funds Innovation & Knowledge Management Attorney will convert recurring practice workstreams into playbooks, templates, and technology-enabled processes that improve quality, speed, and consistency across fund formation, investor negotiations, side letters, closings, and ongoing fund operations.

This position is part of the Practice Operations function, with direct accountability to the Funds practice. The role is focused on translating how the group works into repeatable tools that strengthen delivery and profitability. This is a non-partnership track position.

Position responsibilities

Build knowledge infrastructure

• Develop and maintain the Funds knowledge libraries.
• For primary fundraise mandates, maintain model limited partnership agreements, subscription documents, side letter provisions, investor questionnaires, checklists, closing guides, disclosure banks, marketing material review guides, and regulatory references.
• For secondaries transaction mandates, maintain model purchase and other transaction agreements, transfer agreements, investor questionnaires, and closing checklists.
• Capture approved precedent language and market terms, so attorneys work from reliable starting points.
• Document workflows for formation, negotiations, closings, and fund operations to drive consistency and partner confidence.
• Prepare and maintain surveys regarding fund terms.

Pilot AI and Legal Technology

• Identify high-leverage opportunities across document generation, disclosures, side letter tracking, obligation management, diligence, closing coordination, and regulatory filings.
• Prototype and pilot tools with attorneys, Practice Operations, and IT; translate firm AI guidance into Funds-specific workflows and training.
• Refine tools based on attorney feedback and matter-team usage.

Drive Adoption

• Serve as adoption lead for standardized workflows and approved tools across formation, regulatory, investor-side, and secondaries matters.
• Design training materials, job aids, and demonstrations that embed tools into daily practice.
• Track adoption and efficiency metrics and report impact to practice leadership.

Manage initiatives end-to-end

• Own Funds innovation and knowledge projects from scoping through implementation, coordinating with Practice Operations, Knowledge Management, IT, and Business Development.
• Set project plans, manage stakeholders, and report outcomes against defined success measures.

Monitor legal, regulatory, and market developments

• Monitor and summarize legal, market, and regulatory developments and best practices relevant to the Funds group.
• Prepare and coordinate client alerts on Funds matters.
• Periodically survey and monitor best practices for private funds practice groups.

Practice engagement

• Maintain a 500-hour annual billable expectation on active Funds matters so tools and playbooks remain current and practical.

AI governance, scope, and accountability

• In scope: Identify AI and legal technology use cases; pilot firm-approved tools; translate firm guidance into Funds-specific workflows and training; and measure adoption and impact.
• Out of scope: Firm-wide AI governance or risk policy; vendor selection; security review; data privacy approval; final determinations on permissible AI use; and enterprise technology architecture.

Experience, skills, and qualifications

• JD required. All candidates must be admitted to the Illinois Bar.
• 4+ years relevant experience, preferably in private funds, investment management, or a comparable transactional practice at a top-tier firm or professional services environment required.
• Must live within a commutable distance to a local office and be willing to come into the office 3-4 days per week.
• Experience with fund formation, sponsor representation, investor negotiations, side letters, subscription documents, regulatory filings, secondaries, co-investments, continuation vehicles, or fund operations strongly preferred.
• Demonstrated ability to partner with senior attorneys on workflow design, process improvement, knowledge management, and matter delivery.
• Strong project management, analytical, and drafting skills; excellent judgment in a collaborative, matrixed environment.
• Experience with private fund formation and regulatory matters strongly preferred.