Associate - Liability Management (Junior)

About Latham & Watkins
Latham & Watkins is one of the world’s leading global law firms advising the businesses and institutions that drive the global economy. We are the market leaders in major financial and business centers globally and offer unmatched expertise and resources to help you grow from an intellectually curious self-starter into an exceptional lawyer. If you aspire to be the best, this is where you belong.
About the Practice Group
The Liability Management practice advises public and private companies, sponsors, creditor groups, hedge funds, direct lenders, and distressed investors on the full spectrum of liability management transactions and non-traditional distress and exchange transactions. Drawing on the deep expertise of our Banking and Private Credit, Capital Markets, Restructuring, M&A, Tax and Litigation practices, our interdisciplinary team delivers innovative and bespoke solutions to clients navigating complex capital structure challenges.
About the Role
We are seeking highly motivated associates with two to three years of experience to join our industry-leading Liability Management team. Candidates who have done a preponderance of their work in traditional finance, high-yield capital markets or restructuring are encouraged to apply. Associates in the Liability Management practice advise clients on complicated transactions involving deep analysis of corporate capital structures to craft commercial, out-of-the-box solutions. Specific responsibilities include working with senior lawyers in conducting detailed structural analysis of existing capital structures to identify opportunities for liability management solutions; advising clients on strategic alternatives and execution risk; drafting, analyzing and negotiating transaction support agreements, credit agreements, indentures, intercreditor arrangements, and related transaction documents; and managing junior associates and supporting their development. The role offers the opportunity to work on high profile, market-shaping transactions in a fast-paced environment that encourages early responsibility, collaboration, and professional growth.
Main Contact Details
If you have any questions about the application, please contact: Lateral Recruiting — Corporate LateralRecruiting.Corporate@LW.com
Additional Information
Investing in the well-being of our lawyers and staff is among the firm’s highest priorities. Through our “LiveWell Latham” program, we offer best-in-class benefits and comprehensive resources designed to support you and your loved ones through all life’s moments — from building a family and taking care of loved ones, to managing your health and saving for the future. Latham & Watkins is an equal opportunity employer. The Firm prohibits discrimination against any employee or applicant for employment on the basis of race (including, but not limited to, hair texture and protective hairstyles), color, religion, sex, age, national origin, sexual orientation, gender identity, veteran status (including veterans of the Vietnam era), gender expression, marital status, or any other characteristic or condition protected by applicable statute. We periodically provide demographic data to legal publications, bar associations, civic and community organizations, and in some instances, to local, state, and federal government agencies as required by law or contract. So that the firm can provide this information accurately, we request that you consider self-identifying. Please click here to review your rights under U.S. employment laws. In accordance with Latham & Watkins policies, associates in this role must protect and maintain any highly sensitive, confidential, privileged, financial and/or proprietary information that Latham & Watkins retains either as part of the legal services the Firm provides to clients or for internal purposes. Los Angeles: Latham & Watkins LLP will consider qualified applicants with criminal histories in a manner consistent with the City of Los Angeles Fair Chance Initiative for Hiring Ordinance (FCIHO). Please click the link above to review the Ordinance. San Francisco: Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records. Please click the link above to review the Ordinance. Massachusetts: It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability. An employer that violates this law may be subject to fines and/or a private right of action for $500 in statutory damages “for each such violation,” among other things.
Pay Range

Associate Base Salary

Discretionary bonuses may be available depending on application circumstances and position.

Class of
US Payroll
2026 $225,000
2025 $225,000
2024 $235,000
2023 $260,000
2022 $310,000
2021 $365,000
2020 $390,000
2019
$420,000

2018 $435,000