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Assistant Distressed Debt Jobs (NOW HIRING)

Market Wise

Member Services Associate

Baltimore, MD · On-site

$52K/yr

You'll manage phone and email queues, assist with account and billing questions, and help customers ... distressed debt and cryptocurrencies--offering 100+ products on multiple platforms through 7 ...

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As of Aug 22, 2026, the average hourly pay for assistant distressed debt in the United States is $18.95, according to ZipRecruiter salary data. Most workers in this role earn between $15.14 and $21.15 per hour, depending on experience, location, and employer.

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Infographic showing various Assistant Distressed Debt job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 75% Full Time, 21% Part Time, 1% Temporary, and 2% Contract. Highlights an 98% Physical, 1% Hybrid, and 1% Remote job distribution, with an average salary of $39,407 per year, or $18.9 per hour.

Restructuring Associate Attorney

Direct Counsel

New York, NY

$235K - $310K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 11 days ago

Job description

New York, New York

Direct Counsel is seeking a Restructuring Associate to join the New York office of a nationally recognized Am Law firm. This opportunity is ideal for an attorney with 2–4 years of restructuring and insolvency experience who is looking to work on sophisticated Chapter 11 proceedings, out-of-court restructurings, and cross-border matters alongside a highly regarded restructuring team.

The ideal candidate will have experience representing debtors, creditors, committees, and other stakeholders in complex restructuring matters and will be eager to take on meaningful responsibility from day one.

ResponsibilitiesBankruptcy & Restructuring Matters
  • Represent debtors, secured creditors, ad hoc and statutory committees, asset purchasers, and other stakeholders in restructuring matters
  • Assist with Chapter 11 proceedings and out-of-court restructurings
  • Work on domestic and cross-border insolvency matters
  • Draft and review bankruptcy pleadings, motions, financing documents, restructuring agreements, and transaction documents
  • Analyze complex financial and legal issues affecting distressed companies and stakeholders
Litigation & Case Strategy
  • Conduct legal research and prepare strategic analyses
  • Draft substantive briefs, memoranda, and court filings
  • Assist with depositions, witness preparation, and hearing preparation
  • Support trial preparation and litigation strategy where applicable
  • Participate in negotiations involving restructuring transactions and settlements
Client & Team Collaboration
  • Work directly with clients, financial advisors, investment bankers, and other professionals
  • Collaborate with attorneys across multiple practice groups
  • Manage multiple matters and deadlines in a fast-paced environment
  • Assume increasing responsibility for case management and client interaction
Qualifications
  • J.D. from an accredited law school
  • Active New York Bar membership in good standing
  • 2–4 years of restructuring, insolvency, or bankruptcy experience
  • Experience representing debtors, creditors, committees, or other stakeholders in Chapter 11 proceedings and restructurings
  • Strong legal research, writing, and analytical skills
  • Excellent communication and interpersonal abilities
  • Ability to manage multiple priorities and deadlines effectively
  • Strong academic credentials and demonstrated professional achievement
Preferred Qualifications
  • Experience with cross-border restructuring matters
  • Deposition experience
  • Trial preparation experience
  • Experience working on complex financial restructurings and distressed transactions
Compensation & Benefits
  • Salary Range: $235,000 – $310,000
  • Comprehensive medical, dental, and vision coverage
  • Life and disability insurance
  • Flexible Spending Accounts (FSA)
  • 401(k) and profit-sharing plans
  • Paid holidays and generous paid time off
  • Wellness and employee assistance programs
  • Professional development and mentorship opportunities
Why This Opportunity
  • Work on sophisticated Chapter 11 proceedings, restructurings, and distressed transactions
  • Gain meaningful responsibility and hands-on experience early in your career
  • Collaborate with a nationally recognized insolvency and restructuring team
  • Exposure to cross-border matters and complex stakeholder representations
  • Strong culture of mentorship, training, and long-term professional development

Direct Counsel is committed to connecting exceptional legal talent with premier law firms and fostering inclusive hiring practices.