Private Equity Associate

Company: Buchanan
Apply for the Private Equity Associate
Location: London
Job Description:

Corporate (Private Equity) Associates – 1–5PQE – Elite US Firm

A rare opportunity to join the corporate practice of an elite US firm as it builds out its Private Equity offering with five associate roles open across 1–5PQE. This is a genuine growth story, and early joiners will help shape the platform rather than inherit one already built.

The team sits within a well-established, well-resourced corporate practice with strong partner support and a genuinely lean structure meaning associates are trusted with real responsibility well ahead of their PQE level, rather than waiting years for exposure.

About the team:

  • Sits within a wider corporate group of 12 partners and c.30 associates
  • Corporate M&A generalist focus with a clear strength in private equity work
  • Broader exposure than many PE-focused teams — this is not a pure LBO shop, and the mandate spans a wide range of high-value corporate matters
  • Meritocratic culture — workload and progression are not dictated purely by PQE
  • Genuine room for long-term partnership progression, without the senior bottleneck seen at more established platforms
  • Lean, partner-led environment offering direct access and exposure to complex, high-value transactions

What they’re looking for:

  • 1–5PQE corporate generalists with a clear affinity for private equity work
  • Trained and qualified at a Magic Circle or Elite US firm
  • Commercially minded, confident operators who thrive with autonomy rather than heavy structure
  • Team players with no ego, willing to turn their hand to unfamiliar work
  • Foreign-qualified candidates considered, provided they have strong London experience
  • Candidates with limited PE experience but a genuine willingness to learn are welcome, as are LBO specialists looking to diversify and generalist corporate/M&A lawyers looking to build a PE practice

Compensation & Benefits:

  • Cravath scale elite US market-leading compensation
  • NQ salary from $235,000
  • Summer and year-end bonuses, plus sign-on bonuses available
  • Choice of fixed or variable FX rate on pay
  • Personalised, individual training plans for every associate
  • Dedicated knowledge lawyers and talent development managers supporting each practice group
  • 1:1 mentoring for every associate, alongside a wider support network
  • Strong track record of secondments, including in-house placements and international rotations
  • Access to bespoke US-focused training programmes for more senior associates
  • Excellent office environment — collaborative culture, open-door policy across partners and associates, and strong social scene

Process: A typically 2–3 stage process involving partner meetings, with additional technical or informal stages depending on seniority.

This is a highly selective search for top-tier profiles looking to join a lean, high-calibre corporate team with genuine partner access, broad M&A exposure, and elite compensation with the potential to establish a visible, senior presence within a growing practice rather than being one of many.

Posted: July 5th, 2026