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Restructuring Associate Jobs in California (NOW HIRING)

Direct Counsel

Bankruptcy Attorney

San Francisco, CA · Hybrid

$170K - $230K/yr

Direct Counsel is partnering with a nationally respected law firm to add a talented Bankruptcy & Restructuring Associate to its San Francisco office. This is a standout opportunity for an attorney ...

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Restructuring Associate information

See California salary details

$11

$29

$65

How much do restructuring associate jobs pay per hour?

As of Jul 26, 2026, the average hourly pay for restructuring associate in California is $29.08, according to ZipRecruiter salary data. Most workers in this role earn between $14.95 and $35.10 per hour, depending on experience, location, and employer.

What is the difference between Restructuring Associate vs Financial Analyst?

AspectRestructuring AssociateFinancial Analyst
Required CredentialsBachelor's degree, finance or related field; some roles prefer CFA or CPABachelor's degree in finance, accounting, or related field; CFA often preferred
Work EnvironmentConsulting firms, investment banks, or corporate restructuring teamsCorporations, investment banks, or consulting firms
Employer & Industry UsageSpecialized in distressed companies, bankruptcy, and turnaround projectsFinancial planning, budgeting, and investment analysis across industries

Restructuring Associates focus on distressed companies, bankruptcy, and turnaround projects, often working in consulting or banking environments. Financial Analysts typically handle financial planning, analysis, and reporting across various industries. While both roles require strong financial skills and similar credentials, their core responsibilities and work settings differ significantly.

What are the key skills and qualifications needed to thrive as a Restructuring Associate, and why are they important?

To thrive as a Restructuring Associate, you need strong analytical skills, financial modeling expertise, and a background in finance or accounting, often supported by a relevant degree such as a CFA or CPA. Familiarity with financial analysis software, Excel, and restructuring or insolvency frameworks is typically required. Excellent communication, problem-solving, and stakeholder management skills help you navigate complex negotiations and work effectively with clients and teams. These competencies are crucial for assessing distressed companies, developing turnaround strategies, and facilitating successful restructurings.

What are some common challenges Restructuring Associates face when working with distressed companies?

Restructuring Associates often encounter challenges such as managing tight deadlines, navigating complex stakeholder interests, and working with incomplete or rapidly changing financial data. They must balance the needs of creditors, management, and other parties while developing feasible restructuring plans. Adapting quickly to new industries and handling high-pressure situations are essential skills in this fast-paced environment, and strong communication is crucial for facilitating negotiations and driving consensus.

What are Restructuring Associates?

Restructuring Associates are professionals who assist companies facing financial challenges, such as bankruptcy, insolvency, or operational difficulties. They work with management teams, creditors, and other stakeholders to develop and implement strategies for financial recovery or organizational turnaround. Their responsibilities often include financial analysis, preparing reports, assisting in negotiations, and supporting the execution of restructuring plans. Restructuring Associates typically work at consulting firms, investment banks, or accounting firms specializing in corporate restructuring.
What are popular job titles related to Restructuring Associate jobs in California? For Restructuring Associate jobs in California, the most frequently searched job titles are:
What job categories do people searching Restructuring Associate jobs in California look for? The top searched job categories for Restructuring Associate jobs in California are:
Restructuring Associate jobs near you
Infographic showing various Restructuring Associate job openings in California as of July 2026, with employment types broken down into 1% As Needed, 69% Full Time, 27% Part Time, 2% Temporary, and 1% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $60,485 per year, or $29.1 per hour.

Financial Restructuring Associate Attorney

Direct Counsel

Los Angeles, CA • On-site

$225K - $435K/yr

Full-time

Posted 3 days ago

Job description

Financial Restructuring Associate Attorney

Direct Counsel is seeking a Financial Restructuring Associate Attorney to join a prestigious Am Law firm in Los Angeles or San Francisco, California.

This is an exceptional opportunity for an attorney with 1-5 years of restructuring and bankruptcy experience to join a nationally recognized Financial Restructuring practice. The team represents debtors, creditors, boards of directors, private equity sponsors, lenders, investors, and other key stakeholders in sophisticated Chapter 11 cases, out-of-court restructurings, distressed acquisitions, and bankruptcy-related litigation.

Responsibilities

  • Represent clients in complex Chapter 11 reorganizations, out-of-court restructurings, and insolvency proceedings.

  • Advise debtors, secured and unsecured creditors, lenders, sponsors, boards, committees, and other stakeholders in restructuring matters.

  • Assist with distressed asset acquisitions, including Section 363 sales and bankruptcy-related transactions.

  • Draft and negotiate restructuring agreements, bankruptcy pleadings, motions, and related transaction documents.

  • Handle bankruptcy-related litigation, contested matters, and adversary proceedings.

  • Conduct legal research involving bankruptcy, commercial, and securities law issues.

  • Work directly with clients on restructuring strategies designed to maximize enterprise value.

  • Collaborate with multidisciplinary teams on sophisticated financial restructuring matters.

Qualifications

  • J.D. from an ABA-accredited law school.

  • Active membership in the California Bar, or eligibility and intent to obtain admission promptly.

  • 1-5 years of experience in bankruptcy, restructuring, insolvency, or related commercial matters.

  • Experience with complex Chapter 11 reorganizations or other sophisticated restructuring transactions is preferred.

  • Familiarity with bankruptcy law, commercial law, and related securities law issues.

  • Excellent legal research, analytical, drafting, and writing skills.

  • Outstanding academic credentials and strong references.

  • Strong organizational, interpersonal, and communication skills with the ability to manage complex matters in a fast-paced environment.

Compensation & Benefits

  • Salary: $225,000-$435,000, commensurate with class year, experience, and qualifications.

  • Comprehensive compensation and benefits package, including competitive associate compensation and benefits consistent with a leading Am Law firm.