Insolvency Solicitor

Are you looking for an opportunity to work with a market leading practice that has grown significantly in recent years? You will work alongside industry leading Partners in a highly ranked Legal 500 team.

The Firm

Ranked in the Top 100, this firm has a culture which stands them apart from the usual commercial machine of the City. They do things differently, despite them employing over 1000 lawyers globally people do not feel like a small cog in a big machine, they have a culture of investing heavily in staff, so people feel recognised for the work, talent, and contribution that they make.

They are a modern practice with a non-hierarchical management style. They are dynamic, creative, entrepreneurial, and progressive and have won numerous awards for their diversity and working culture. Over recent years the practice has significantly grown due to increased workload and the hire of many new heavy hitting lawyers.

The firm now has over 15 offices across the US, Asia, Europe, and the Middle East. Due to a recent increase in workflow, a vacancy has arisen for a new Real Estate Associate to join their thriving Birmingham office.

The Role

• Administration and receivership appointments.

• Advice to directors on their duties in distressed circumstances.

• Asset disposals by administrators/liquidators including pre-packaged solutions.

• Advising on the validity of secured lender's security.

• Experience of some restructuring work.

• Providing refinancing and fundraising advice.

• Advising Banks and other financial institutions on their enforcement strategy including insolvency options.

• Knowledge of anti-avoidance issues, such as preference, transactions at undervalue.

• Knowledge of general banking matters e.g. facility agreements, intercreditor agreements and deeds of priority and security documents.

• Any other reasonable duties delegated by any Partner, Senior Manager or Group Support Manager of the firm.

The Responsibilities

• Experience of working with lenders and insolvency practitioners on non contentious insolvency matters such as administrations, liquidations, other insolvency processes, and advising on review of security and debt advisory work with a technical knowledge of insolvency is required; any experience of advising businesses and financial institutions on restructurings, with a toolkit knowledge of insolvency and distressed banking work (such as advising on and drafting standstill agreements, reservations of rights, waivers and defaults)
  
• You will have a clear understanding of current legal principles and current technical knowledge in recovery/restructuring, security issues and insolvency processes; ideally having had exposure to insolvency processes, security and banking matters with client communication in this field, together with experience of transaction and advisory work.
  
• Good technical knowledge of transactions in insolvency (including sales and purchases) as well as a good understanding of security and how it works would be required.
  
• A commitment to business development within the restructuring and insolvency community in Birmingham will be expected, established connections in the market would be an advantage. In return, the team are able to offer excellent training and exposure to all types of distressed finance work with a view to building long term career opportunities within the firm.

• Commercial and clear-thinking approach to problem solving, providing advice in a straightforward and practical manner.

• A clear understanding of the importance of team work to deliver the best client service and the ability to provide evidence of this.

• Ability and desire to engage in business development and build long term relationships.

• Ability to work in time pressured circumstances and able to provide evidence of this.

• Excellent communication skills.

• Flexible and adaptable approach.

• Commercial awareness.

If this could be of interest then please get in touch with James on 0121-296 6643.