Principal Associate – Restructuring & Insolvency (Non-Contentious)
We’re working with a highly regarded national law firm to recruit a Principal Associate into its specialist Restructuring & Insolvency team, part of a broader top-tier Banking & Finance practice.
This is an excellent opportunity to join a collaborative, partner-led team operating across Birmingham and London, advising on a wide range of distressed, restructuring and insolvency matters for lenders, corporates, investors, and insolvency practitioners.
You’ll be part of a close-knit, growing team working on a broad mix of non-contentious restructuring and insolvency matters, with regular collaboration across finance, disputes, and pensions teams.
The role offers exposure to complex, high-value distressed situations and the chance to work with a diverse client base, including banks, alternative lenders, corporates, private equity, and insolvency practitioners.
Daily duties:
- Advising insolvency practitioners, lenders, and corporates on a range of insolvency and restructuring matters
- Supporting on administrations, liquidations, pre-pack transactions, and asset disposals
- Reviewing and advising on security packages and lending arrangements
- Advising directors on duties in distressed scenarios
- Assisting with contingency planning and restructuring strategy
- Supporting on complex exits, including solvent restructurings and dissolutions
- Drafting and advising on distressed finance documents (e.g. standstill agreements, waivers, reservations of rights)
- Working on transactions involving sales and acquisitions out of insolvency
- Collaborating with pensions, disputes, and sector teams on multi-disciplinary matters
About You
- Qualified Solicitor (England & Wales) with experience in restructuring & insolvency
- Strong background advising lenders, creditors, insolvency practitioners, or corporates
- Experience across non-contentious insolvency processes (e.g. administrations, liquidations, pre-pack deals)
- Understanding of security, banking documentation, and distressed finance structures
- Familiarity with restructuring tools and advisory work
- Commercially aware with strong technical grounding in insolvency law
- Confident communicator with the ability to manage client relationships
- Interest in business development and building a profile in the restructuring market
Why Apply?
- Join a market-leading Banking & Finance platform with a strong R&I offering
- Work on high-quality, complex and varied distressed matters
- Collaborative, partner-led environment with strong cross-team integration
- Hybrid working and flexible office base (Birmingham or London)
- Excellent training, development, and long-term progression opportunities
- Competitive benefits package including private medical, enhanced pension, and wellbeing programmes
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