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Restructuring Bankruptcy Associate Jobs (NOW HIRING)

BUCHALTER, A PROFESSIONAL CORPORATION

We are currently seeking associate candidates to support our San Francisco Office's Insolvency and ... The ideal candidate will have 3-7 years of solid bankruptcy and other restructuring experience, as ...

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Restructuring Bankruptcy Associate information

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$53K

$111.7K

$171K

How much do restructuring bankruptcy associate jobs pay per year?

As of Aug 26, 2026, the average yearly pay for restructuring bankruptcy associate in the United States is $111,745.00, according to ZipRecruiter salary data. Most workers in this role earn between $83,000.00 and $137,000.00 per year, depending on experience, location, and employer.

What is a restructuring bankruptcy associate?

A Restructuring Bankruptcy Associate is a legal professional, typically an attorney, who specializes in advising companies, creditors, or other stakeholders during financial distress, insolvency, and bankruptcy proceedings. They assist clients with legal strategies for restructuring debt, navigating Chapter 11 or other bankruptcy filings, and negotiating with creditors. Their work often includes drafting legal documents, conducting research, and representing clients in court or negotiations to help them achieve the best possible outcome during financial restructuring.

What are the key skills and qualifications needed to thrive as a restructuring bankruptcy associate?

To thrive as a Restructuring Bankruptcy Associate, you need a Juris Doctor (JD) degree, strong legal research and writing skills, and a solid understanding of bankruptcy law and financial restructuring. Familiarity with legal research databases like Westlaw and LexisNexis, as well as knowledge of court filing systems, is essential. Excellent analytical thinking, negotiation abilities, and effective communication with clients and stakeholders are standout soft skills. These competencies are crucial for navigating complex legal matters, managing cases efficiently, and achieving favorable outcomes for clients in high-pressure situations.

What are some common challenges faced by restructuring bankruptcy associates in their daily work?

Restructuring Bankruptcy Associates often encounter the challenge of managing high volumes of complex case files, each with tight deadlines and shifting priorities. The role requires balancing detailed legal research and writing with client meetings, court appearances, and negotiations with multiple stakeholders, such as creditors and trustees. Associates must quickly adapt to evolving bankruptcy laws and frequently collaborate with cross-disciplinary teams, including finance and litigation experts, to devise effective restructuring strategies. This dynamic environment demands strong organizational skills, resilience under pressure, and clear communication to succeed.

What is the difference between Restructuring Bankruptcy Associate vs Bankruptcy Litigation Associate?

AspectRestructuring Bankruptcy AssociateBankruptcy Litigation Associate
Primary FocusReorganizing distressed companies, negotiating restructuring plansHandling disputes and litigation related to bankruptcy cases
Work EnvironmentCorporate law firms, financial institutions, restructuring teamsLitigation departments, courtroom settings, dispute resolution teams
Required CredentialsJD, State Bar admission, strong understanding of bankruptcy lawJD, State Bar admission, strong litigation and courtroom skills

Restructuring Bankruptcy Associates focus on helping companies reorganize and negotiate debt restructuring plans, often working closely with financial stakeholders. Bankruptcy Litigation Associates, on the other hand, handle disputes and courtroom proceedings related to bankruptcy cases. Both roles require a JD and bar admission, but their daily tasks and work environments differ significantly.

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Restructuring Bankruptcy Associate jobs near you
Infographic showing various Restructuring Bankruptcy Associate job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 69% Full Time, 28% Part Time, 1% Temporary, and 1% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $111,745 per year, or $53.7 per hour.

Bankruptcy Associate Attorney (Junior)

Los Angeles, CA • On-site

Direct Counsel
See more jobs at Direct Counselexternal

$220K - $250K/yr

Full-time

Medical, Dental, Vision, Life, PTO

Re-posted 21 days ago

Job description

Direct Counsel is seeking a Junior Bankruptcy Associate to join a sophisticated restructuring and insolvency practice in Los Angeles. This is an excellent opportunity for an attorney with 2–4 years of bankruptcy and restructuring experience who is looking to gain significant responsibility while working on complex Chapter 11 proceedings, out-of-court restructurings, distressed transactions, and insolvency-related litigation.

The ideal candidate will have experience representing debtors, creditors, trustees, and other stakeholders in bankruptcy matters and restructuring transactions across a variety of industries.

ResponsibilitiesBankruptcy & Restructuring
  • Represent clients in Chapter 11 and other bankruptcy proceedings
  • Advise debtors, creditors, trustees, and other interested parties in insolvency matters
  • Assist with all phases of bankruptcy cases, including:
    • Case strategy
    • Motion practice
    • Claims analysis
    • Plan confirmation matters
    • Asset sales
    • Court appearances
  • Conduct legal research and draft bankruptcy-related pleadings, motions, briefs, and memoranda
Out-of-Court Workouts & Distressed Transactions
  • Advise clients on:
    • Loan workouts
    • Debt restructurings
    • Forbearance agreements
    • Out-of-court restructuring transactions
  • Assist with assignments for the benefit of creditors (ABCs)
  • Support the purchase and sale of distressed assets
  • Participate in negotiations involving lenders, borrowers, investors, and other stakeholders
Litigation & Client Counseling
  • Support bankruptcy-related litigation and contested matters
  • Analyze financial and operational issues affecting distressed businesses
  • Work directly with clients to develop practical restructuring solutions
  • Coordinate with attorneys across corporate, finance, litigation, real estate, and other practice groups
Qualifications
  • J.D. from an accredited law school
  • Active California Bar membership or eligibility to practice in California
  • 2–4 years of bankruptcy, restructuring, or insolvency-related experience
  • Experience representing:
    • Debtors
    • Creditors
    • Trustees
    • Other stakeholders in bankruptcy proceedings
  • Experience with:
    • Chapter 11 proceedings
    • Bankruptcy litigation
    • Loan workouts
    • Restructuring transactions
    • Distressed asset matters
  • Strong legal research, writing, and analytical skills
  • Excellent communication and organizational abilities
  • Ability to manage multiple matters in a fast-paced environment
  • Strong academic credentials
Industries Served

Matters may involve clients across a variety of industries, including:

  • Real Estate
  • Entertainment & Media
  • Manufacturing
  • Retail
  • Financial Services
  • Other distressed and special situations sectors
Compensation & Benefits
  • Salary range: $220,000 – $250,000
  • Comprehensive medical, dental, and vision coverage
  • Life, short-term disability, and long-term disability insurance
  • Health Savings Account (HSA) and Flexible Spending Account (FSA) options
  • Generous paid time off and parental leave
  • Employee assistance and wellness programs
  • Professional development and business development support
  • Formal mentoring and associate training programs
Why This Opportunity
  • Work on sophisticated bankruptcy, restructuring, and distressed transaction matters
  • Significant client exposure and hands-on responsibility
  • Direct mentorship from experienced restructuring attorneys
  • Collaborative and entrepreneurial firm culture
  • Opportunity to develop expertise across both bankruptcy litigation and transactional restructuring work
  • Strong platform for long-term professional growth and advancement

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