Portfolio Counsel, Legalist
Technology-powered investment firm
Job no longer available
Technology-powered investment firm
21-100 employees
Job no longer available
21-100 employees
Company mission
To level the playing field in litigation by helping plaintiffs in meritorious lawsuits see justice.
Role
Who you are
- J.D. from an accredited law school
- 6+ years litigation, restructuring, or similar experience, including prior inhouse experience
- Prior experience at an investment adviser or financial firm a plus
- If you are a commercially minded generalist who enjoys hard work and new challenges, this may be the job for you
- If you’ve ever answered a question with “I’m not that kind of attorney” – or “I’m just an attorney” – this would probably not be a good fit
What the job involves
- We're hiring a Portfolio Counsel to lead monitoring of our growing portfolio of litigation finance investments. You’ll be joining a growing team of engineers, lawyers, and data scientists to make real-time decisions in a fast-paced environment
- In this role, you will own our existing 200+ litigation finance investments, reporting directly to our Managing Director and weekly to our Chief Investment Officer. Our portfolio requires active management by someone able to combine commercial savvy with legal nous
- This is a front-office position for someone looking to apply legal skills to managing a large number of investment positions
- This person is comfortable (in addition to monitoring underlying commercial litigation) with analyzing contracts, negotiating with counterparties, and resolving disputes – all with an eye to optimally exiting our investment positions
- Serve as primary contact with our investment counterparties and monitor progress of underlying cases
- Report investment progress to internal stakeholders and evaluate problem investments for internal and external escalation
- Work with colleagues on our Finance and Investor Relations teams on quarterly reporting of investment positions
- Own the valuation process for our litigation finance investment, including serving on the company’s Valuation Committee
Our take
Legalist was founded to empower small and medium-sized businesses to access justice usually available only to the largest companies. It does this by investing in meritorious lawsuits - leveraging legal knowledge, tech and data to do so.
The company uses data from millions of court records to power its investment, vetting meritorious legal cases for investment based on the likelihood of winning. This takes into account factors such as the judge, lawyers, court type, and other details. Through this approach, the firm is able to generate returns for its clients while also providing capital to the lawyers and plaintiffs who need it most.
The company now manages over $900 million in assets, developed from $10 million back in 2017. Due to a surge in demand, the company expects to continue accelerating its year-on-year growth - enabling it to further carve out a strong presence in the alternative assets market.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
-17% employee growth in 12 months
Company
Funding (1 round)
Sep 2019
$100m
EARLY VC
Total funding: $100m
Company benefits
- Healthcare reimbursement
- Work from home opportunities
- Monthly stipend plus incentive-based pay-structure
Company HQ
Yerba Buena, San Francisco, CA
Leadership
Eva Shang
(Co-Founder & CEO)After dropping out of Harvard, Eva founded Legalist at the age of 20, leading the startup through Y Combinator's S16 accelerator program. She has served as CEO since 2016.
Christian Haigh
(Co-Founder & General Partner)Currently CEO at Compound. Previously Curator at TEDxHarvard College.
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