Temporary Associate Attorney
$310k - $390kDirect Counsel
Job Description
Job Description Fund Formation Associate Attorney Direct Counsel is seeking a Fund Formation Associate Attorney to join a prestigious Am Law firm in one of the following offices: Irvine (Orange County), Los Angeles, Menlo Park (Silicon Valley), New York City, San Francisco, or Santa Monica .
This is an outstanding partnership-track opportunity for an attorney with 4-6 years of fund formation experience to join a nationally recognized Fund Formation practice. The role offers significant client responsibility, direct mentorship from experienced partners, and exposure to sophisticated sponsor-side and investor-side representations across the private investment funds industry.
Responsibilities
Represent private fund sponsors and institutional investors in the formation and operation of private investment funds.
Draft and negotiate limited partnership agreements, private placement memoranda, subscription agreements, side letters, and advisory committee governance documents.
Advise clients on regulatory and compliance matters affecting private investment funds.
Counsel clients on venture capital, growth equity, impact, crossover, and other private fund structures.
Assist with co-investment vehicles, secondary transactions, and related investment structures.
Work closely with fund sponsors, institutional investors, and emerging managers throughout the fund lifecycle.
Collaborate with attorneys across corporate and investment management practices on sophisticated transactions.
Build and maintain strong client relationships while providing practical, business-focused legal advice.
Qualifications
- J.D. from an ABA-accredited law school.
- Active membership in good standing with the applicable state bar or eligibility for prompt admission.
- 4-6 years of private fund formation and investment management experience at a major law firm.
- Experience representing fund sponsors; experience representing institutional investors (limited partners) is strongly preferred.
- Familiarity with venture capital, growth equity, impact, and emerging manager fund structures.
- Experience advising on SEC and state regulatory requirements applicable to private fund advisers.
- Experience with co-investment vehicles and secondary fund transactions is preferred.
- Strong drafting, negotiation, analytical, and communication skills.
- Excellent interpersonal skills with a demonstrated ability to build and maintain client relationships.
- Ability to independently manage multiple workstreams in a fast-paced environment.
- Strong academic credentials and a commitment to delivering exceptional client service.
Compensation & Benefits
~ Salary: $310,000-$390,000, 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
$225k - $320k
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