Financial Services Attorney (Loan Workouts, Restructuring & Recovery)

Hinshaw & Culbertson LLP seeks a Service Partner or Junior Partner looking to grow their practice within Financial Services (Loan Workouts, Restructuring & Recovery)Location: Baton Rouge, LA, Dallas, TX, Ft Lauderdale, FL, Houston, TX, New Orleans, LA, Tampa, FL Hybrid | Remote Join Hinshaw & Culbertson’s nationally recognized Financial Services powerhouse, ranked Tier 1 nationally for Banking and Finance Law and Financial Services Regulation Law, and work alongside sophisticated attorneys advising leading banks, financial institutions, investors, servicers, and lenders on complex distressed-credit, restructuring, workout, recovery, and enforcement matters nationwide.See our team here:Financial Services TeamWhy Hinshaw & CulbertsonExcellence, Recognized. 13 national rankings and 56 metro rankings in the 2026 Best Law Firms directory. 80 lawyers named to Best Lawyers in America, with 22 rising stars on the Ones to Watch list. National Chambers USA honors in Aviation, Financial Services, and Insurance. This isn't legacy prestige — it's excellence earned every year, by people at every stage of their career.Scale That Backs You Up. 90+ years in practice. 450+ attorneys in 25 offices nationwide. One firm, coast to coast — giving you the resources of a national platform with the relationships of a firm that still knows your name.Equality Isn't a Talking Point Here. 14 years running at 100% on the Human Rights Campaign Corporate Equality Index. Mansfield Rule Certified Plus. A firm-wide commitment to pro bono work that runs through nearly every practice group. At Hinshaw, inclusion isn't a program — it's how we've operated for over a decade, consistently.Bottom line: Ranked nationally. Built for the long run. Committed to getting it right — for our people, our clients, and our communities.ResponsibilitiesAdvise banks, financial institutions, lenders, investors, loan servicers, and special servicers regarding distressed loans and troubled borrower situations.Negotiate and document loan workout agreements, restructurings, forbearance agreements, loan modifications, and payment plans.Analyze, protect, and enhance lender collateral positions.Advise clients regarding loss mitigation strategies, portfolio recovery efforts, and distressed credit management.Counsel lenders and servicers regarding creditor rights, default remedies, and enforcement options.Develop and implement recovery strategies for distressed assets and non-performing loans.Handle matters involving receiverships, foreclosures, and UCC Article 9 remedies.Draft and negotiate complex workout, restructuring, servicing, and enforcement documentation.Partner with servicing, asset management, special assets, and recovery teams to develop practical business-oriented solutions.Serve as a trusted advisor to sophisticated institutional lender clients.QualificationsJ.D. from an accredited law school and active bar admission.Ten or more years of relevant experience.Significant experience representing banks, financial institutions, lenders, investors, loan servicers, special servicers, or other creditors.Demonstrated experience advising lenders and loan servicers regarding distressed loans, troubled borrowers, default servicing matters, loss mitigation strategies, and recovery initiatives.Experience negotiating, documenting, and understanding:Loan workoutsLoan restructuringsForbearance agreementsLoan modificationsPayment plansCollateral negotiations and enhancementsPooling and Servicing AgreementsExperience managing distressed loan portfolios and counseling clients regarding recovery strategies, creditor rights, and enforcement options.Working knowledge of:Complex Chapter 11 CasesSub-Chapter V Bankruptcy CasesReceivershipsForeclosuresUCC Article 9 remediesCollateral disposition strategiesAsset recovery and enforcement proceedingsExperience collaborating with loan servicing, asset management, special assets, workout, and recovery teams.Strong drafting, negotiation, analytical, and client counseling skills.Ability to manage matters independently while serving as a trusted advisor to sophisticated financial institution clients.Preferred ExperienceRepresentation of major financial institutions, national lenders, loan servicers, or servicing platforms.Experience supporting special assets groups and recovery teams.Experience with commercial real estate loans, portfolio loans, distressed assets, and non-performing loans.Familiarity with loan servicing operations, borrower negotiations, and portfolio recovery strategies.Ideal Candidate The ideal candidate has a lender-focused practice and understands the business, operational, and risk management objectives of sophisticated financial institutions. Experience representing major banks, financial institutions, investors, loan servicers, special servicers, or other creditors is strongly preferred. This opportunity is intended for attorneys whose experience has been concentrated on representing lenders and creditors. Candidates whose practices are primarily focused on representing debtors, borrowers, bankruptcy estates, trustees, or other parties adverse to financial institutions, particularly those seeking to transition substantial borrower-side client relationships, are unlikely to be a strong fit for this role.Relevant Experience AreasBankruptcyLoan WorkoutsDistressed CreditTroubled BorrowersCreditor RightsFinancial InstitutionsLoan ServicingSpecial ServicingCommercial LendingLoan RestructuringForbearance AgreementsCollateral NegotiationPayment PlansReceivershipsForeclosuresUCC Article 9 RemediesAsset RecoveryDefault ServicingSpecial AssetsEnforcement ActionsBanking & Financial ServicesThis is an outstanding opportunity for an experienced litigator seeking greater responsibility, expanded client exposure, and a long-term career path with a growing national practice.What We Offer Competitive Compensation & Multiple Paths to Earn MoreHinshaw’s compensation structure is designed to reward performance and provide multiple opportunities to increase your total compensation. In addition to competitive base salaries, attorneys can benefit from:Semi-annual hours-based bonuses rewarding strong billable performanceAnnual billed-and-collected bonuses providing an additional opportunity to directly benefit from your business and billing resultsDiscretionary annual bonuses recognizing overall contributions and performanceWith multiple bonus opportunities throughout the year, Hinshaw provides several avenues to achieve—and potentially exceed your compensation goals.Exceptional Benefits, Growth & Career SupportHinshaw offers a comprehensive benefits package designed to support your health, financial well-being, career growth, and life beyond the workplace. Employees enjoy top-tier healthcare with multiple medical plan options to fit individual and family needs, along with dental and vision coverage.Additional benefits include generous PTO and holidays, retirement savings and wealth management resources, a student loan repayment program, backup care, parental and personal leave with reintegration support, wellness and mental health resources, EAP, commuter benefits, and flexible spending and health savings accounts. Hinshaw also recognizes and rewards long-term commitment through its employee anniversary program.Your growth matters at Hinshaw. Through a dedicated Mentor Program, Hinshaw University skills development, Trial Workshops, and free monthly CLE programs, attorneys have meaningful opportunities to sharpen their skills and advance their careers. Our Peer Recognition Program allows you to be recognized and recognize fellow peers for outstanding work. Flexible career tracks allow you to shape your professional path, while coast-to-coast pro bono opportunities provide the chance to make an impact in communities across the country.At Hinshaw, you’re not just joining a firm; you’re joining a firm invested in your success, your career, and your life.How to ApplyTo apply, please submit your resume, unofficial law school transcript, and writing sample.As an EOE/AA employer, Hinshaw & Culbertson LLP will not discriminate in its employment practices due to an applicant's age, race, color, religion, sex, sexual orientation, gender identity, national origin, and veteran or disability status.NOTICE TO SEARCH FIRMS: Search firms that wish to present candidates to Hinshaw must submit all candidates exclusively through Hinshaw’s Recruitment Team. All resumes and candidate information must be directed to the Recruitment Team to be considered for current or future opportunities. Submissions made outside of this process will not be reviewed, will not establish candidate ownership, and will not create an obligation for Hinshaw to pay a placement fee.