Description:
Job Description:Cooley LLP is recruiting JD 2028 students to join its Chicago, New York, San Francisco, Santa Monica, Washington, DC. offices as summer associates in its Debt Finance practice for the 2027 Summer Program. Applicants must submit a cover letter, resume, completed 1L law school transcript, and undergraduate transcript. Please only apply to one office.
Debt Finance
Representing debt and lease financing sources – including US and international banks, business development companies, leasing companies, insurance companies, investment banks, commercial finance lenders, mezzanine investors, factors and asset-based lenders – as well as the companies, private equity sponsors and their portfolio companies, and other investment funds that seek debt financing requires significant resources and know-how.
Venture Debt
Our lawyers represent banks and non-bank funds investing in emerging companies that do not have long histories of profitability or, in many cases, revenue. Our extensive experience on both sides of the table translates into market knowledge and a high level of comfort when dealing with individuals in the industry. We also understand the laws affecting these transactions as well as the various factors influencing lending decisions in this market – beyond traditional financial analyses – such as a company's investors, its capital structures, the likelihood of future funding, intellectual property and warrants.
Debt Securities
Cooley assists issuers, underwriters/initial purchasers, institutional investors and placement agents in a wide range of debt securities transactions. Our lawyers are closely involved in advising clients on the intricacies of debt instruments in a variety of industries, and we have experience in structuring a diverse range of registered public offerings, 144A debt placements (convertible and high-yield bonds) and traditional private placements. We also are knowledgeable when it comes to alternative deal terms that we counsel our clients to implement in appropriate circumstances.
Qualified candidates will have exceptional academic achievement and professional excellence. Ideal candidates possess excellent written and verbal communication abilities; strong legal research and writing skills; and sound judgment with proven problem-solving skills. They show initiative, motivation, and a service-oriented mindset; have meaningful prior work experience; engage in extracurricular or leadership activities; work effectively in team settings; and bring an entrepreneurial, business-minded perspective.
A finance background is helpful, but not required.
This is a summer associate position, and the expected salary is based on an annualized rate of $225,000, with semi-monthly base pay of $9,375.00, subject to payroll withholdings and deductions.
