What are the responsibilities and job description for the Real Estate Counsel position at 5 Legal?
Job Description
Job Description
It's not Market but you still get to go to a Baseball game.
Real Estate Counsel
7 years plus experience
Washington DC
I am assisting an Amlaw 200 firm hire a Real Estate Counsel for their Washington DC office.
This would be a perfect opportunity for an experienced Real Estate Senior Associate or Counsel who is looking to still get great exposure to the best deals but wants to be able to go to baseball games!
It is a Boutique / Lifestyle firm but they still work on the big deals and work across from the big firms and big banks.
It may suit someone who is at an AmLaw 100 firm but is frustrated at their charge-out rates, not being able to build a book of business or is just sick of the long hours.
It is still a great platform and is not an up-and-out firm, so the opportunity is a genuine Partner track and the firm does its best to get behind its Attorneys.
They have a Business Development team and provide Attorneys with Funds to market and build business.
It is a small group, which does a lot of deals, and they are always on the issuer side.
The type of deals that the firm work on includes multifamily / shopping malls / development-type deals. There are a lot of Joint Ventures, however, there is not much leasing or Land Use type matters.
If you have REITS deal experience you would be the perfect person.
So if you have 7 or more years of experience in Real Estate law, and are interested in finding out more, get in touch to discuss this further.
Comp for a 7th-year Associate going in as Counsel would be $285k, however, there is potential to come in at Special Counsel level with a max comp level of $330k.
The firm has a 1900 billable target for the first tier bonus of $25k.
If you hit 2200 hours you get a second tier of circa $50k.
There is also a discretionary bonus too which could bump your overall bonus up to circa $90k.
The firm offers 50 wellness hours, and you can choose what you want to do with them. You can apply it to billable time, non-billable time, or vacation.
If you put it towards your billable time it brings the target down to 1850, which means your day comes down to an 8 or 10 hour day.
If this sounds like something of interest, email Matthew Leach at ml@5legal.uk or send a message / call me at 347-767-4505 and we can discuss the opportunity and your experience.
Salary : $90,000
