Contract Debt Financing Attorney

Davis Wright Tremaine LLP

Davis Wright Tremaine LLP is seeking an experienced mid to senior-level debt financing attorney for part-time engagement through DWTSurge, the firm’s alternative staffing program. The attorney will assist the Debt Finance Group and will be dedicated to supporting transactions for numerous clients, including businesses, funds, and financial institutions. The attorney will negotiate, structure, and draft loan agreements, security agreements and other credit facility documents and otherwise advise clients on issues in debt financing transactions. Candidates should be able to operate with a high level of independence, possess strong client service abilities, and exercise good judgment as part of a highly collaborative team. West coast and New York-based candidates are preferred. This is a contract position for a specified term that will be on a part-time basis, with an anticipated average of 10-20 hours of work per week. There is the potential for the work to occasionally increase to around 30 hours per week based on deal flow. The contract term is expected to begin in May. The volume and hours of work may fluctuate week to week, so we are interested in candidates who can be flexible about their hours of work and availability. While the engagement is for an initial 6-month contract term, there is a possibility of renewal for additional terms for successful candidates. We are looking for attorneys who can commit to working with DWT on an exclusive basis for the engagement. The ideal candidate will have: 5+ years of debt financing experience with a mid-sized or large law firm, supporting large institutional clients, including borrowers and lenders Residency and active bar admission in WA, CA, OR, or NY is preferred; candidates with residency and bar admission other jurisdictions will also be considered. Experience with various debt financing transactions, such as senior and mezzanine credit facilities, secured and unsecured lending, syndicated and bilateral lending, revolving credit agreements, acquisition financing, and debt restructuring Familiarity with drafting loan documents, including loan agreements, promissory notes, security agreements, guaranties, subordination agreements, and waivers and amendments Experience interfacing directly with large institutional clients and running an organized transaction, including managing checklists, supervising junior associates and paralegals, and identifying and discussing substantive issues with the lead attorney. Excellent legal drafting and communication skills, including oral and written advocacy Availability to work an average of 10-20 hours per week, remotely Flexibility to increase hours, as needed, on an ad hoc basis Commitment to work with DWT exclusively Please note that this is a temporary contract position managed by DWT’s flexible attorney program, DWTSurge. Compensation will be paid on an hourly basis, commensurate with experience and skill level (see below). This is a non-benefitted role. Due to the structure of the DWTSurge program, DWTSurge employees are not eligible for the firm’s pro bono, DEI, and other activities or opportunities outside of the above stated scope of work. We are interested in candidates electing to pursue a more flexible way of providing continuous, high-value legal services to the firm and our clients. If you are interested in a more traditional law firm position, please check the DWT careers page for lateral opportunities. Salary Range The hourly range for this position is $200 to $250 per hour. Actual pay will be adjusted based on the candidate’s education, training, experience and other job-related factors permitted by law. Part-time contract attorneys may be eligible for 401(k) and paid sick leave. Additional benefits include: First Stop Health Telemedicine: Speak with a licensed physician or mental health counselor 24/7, covered by the firm TELUS Health Employee Assistance Program: Receive support with mental, financial, physical, and emotional wellbeing Voluntary Pet Insurance Milk Stork: Virtual lactation consulting, breast milk shipping and nutritional testing covered by the firm Wellness Benefits: Peloton App Headspace App WASHINGTON STATE Paid sick leave is accrued on a biweekly basis at a rate of 1 hour per 30 hours worked. To apply, send your resume and cover letter to DWTSurge Recruiting Manager, Mariah Watson, at mariahwatson@dwt.com. We are currently not accepting third party submissions for this opportunity. We are an AmLaw 100 law firm with eleven offices nationwide. We are relentlessly committed to client service and look for candidates who share that commitment. At DWT, client service means having empathy for each client’s and each lawyer’s work and personal pressures, business objectives, and legal needs; anticipating their needs; and having the capabilities and commitment to deliver what matters most to them. Diversity, equity, and inclusion are part of the fabric of Davis Wright Tremaine - central to who we are and what we do. Our vision is to foster a culture where all talented individuals - including those who are from traditionally underrepresented communities in the legal profession - can have, and can see, a path to success. We embed DEI throughout our law firm with our four-pillar framework: Community, Growth, Education, and Engagement. We invite you to learn more about our commitment to DEI at https://www.dwt.com/about/diversity-equity-and-inclusion. In order to support our effort to foster a diverse, equitable, and inclusive law firm, we request that you voluntarily provide demographic data. All self-reported demographic information is stored securely in a manner that is compliant with DWT’s privacy and security policies and is only accessible by authorized members of the Talent Acquisition and HR Departments; it is not shared with any of the hiring decision-makers. It is our policy to hire, promote, transfer, terminate, and make all other employment-related decisions without regard to an employee’s sex (including pregnancy, childbirth, breastfeeding, or related medical condition), race, color, ancestry, sexual orientation, gender, gender identity, gender expression, national origin, religious creed, age, marital status, physical or mental disability, genetic information, medical condition, military or veteran status or any other basis prohibited by applicable local, state, or federal laws. To review our Anti-Harassment Policy, click on this URL, https://www.dwt.com/-/media/files/policyagainstharassmentdiscrimination.pdf?la=en&hash=66A1B0095748A5E76B0B8A00773F5246. As an equal opportunity employer, Davis Wright Tremaine LLP values the diversity of our work force and the knowledge of our personnel. Labor Condition Applications (LCAs) for specialty occupation petitions are displayed electronically in accordance with notice requirements pursuant to U.S. Department of Labor regulations, and public access files are available pursuant to regulation. See 20 CFR § 655.734, 655.760. Davis Wright Tremaine provides reasonable accommodations for those who need them to complete the application or recruiting process and for employees who need reasonable accommodations to perform the essential functions of their positions due to a disability or for religious reasons. If you need to request accommodation during the application or recruiting process, please email HumanResources_Confidential@dwt.com.
Posted
Updated
Title
Staff Attorney
Practice Areas
Banking
Specialties
Debt Finance, Mezzanine Finance, Lending, Secured Finance
Experience
5+ years
Type
Law Firm