Associate Counsel, Compass
M&A and Strategic Transactions
$135-167k
5+ days a week in office (5th Ave, NY)
Real estate technology platform
Job no longer available
Real estate technology platform
1001+ employees
Job no longer available
$135-167k
5+ days a week in office (5th Ave, NY)
1001+ employees
Company mission
To help everyone find their place in the world.
Role
Who you are
- You are energetic and collaborative -- ready to partner in initiatives that influence all aspects of Compass’s business and work with employees and agents across the company
- Strong academic credentials including a JD and membership in good standing in at least one state bar (NY or CA bar a plus)
- 2+ years of top-tier law firm experience (in-house experience a plus)
- Background in M&A, leveraged finance, or other complex commercial/transactional practice
- Confidence operating in a fast-paced environment with the desire to learn the business
- Able to manage several simultaneous projects and shift priorities under deadline pressure in a dynamic environment
- A team player with low ego who can effectively work with business clients, other attorneys and legal professionals
- Strong organizational skills and attention to detail
- Exceptional written and verbal communication skills and an ability to clearly and simply explain complex ideas
What the job involves
- As an Associate Counsel at Compass, you work on exciting matters that require proactive legal guidance
- You're part of a group of talented in-house lawyers and the projects you work on challenge you to think creatively and constructively
- Your contributions will be impactful, value driven, and you will play an instrumental role on the Compass Legal Team
- Serve as one of the primary lawyers responsible for mergers, acquisitions, joint ventures, debt financings, and other strategic corporate transactions, working closely with outside counsel, internal business clients and legal subject matter experts
- Help oversee corporate paralegal workstreams, legal entity management and the legal due diligence processes
- Advise on legal issues and risks and help ensure compliance with laws and regulations
- Draft ancillary documentation relating to strategic transactions under tight deadlines
- Coordinate transaction signings and closings
- Work collaboratively with multiple cross-functional teams on post-transaction and integration matters
- Drive improvement of standard form agreements, transaction playbooks, and other legal processes
- Assist with legal trainings for business clients and retrospectives to identify and develop improvements
Our take
Compass uses an AI-driven platform to smooth out and speed up the process of buying, selling, or renting property. It functions much like a traditional broker, but employs tech to reduce the time, uncertainty, cost and friction of transactions for buyers, sellers & agents.
It's disrupting a sector so far largely averse to tech innovation, allowing users to close deals in less time than the industry average of 30-45 days. Compass is now the largest independent real estate brokerage in the USA, with over 29,000 agents nationwide.
Despite being a leading residential brokerage and competing well, Compass has remained unprofitable. While the company is replanning its cost structure to be profitable over the next year, it announced its third round of payoffs in early January 2023. Its profit-generating plans include expanding into mortgages, escrow & title services.
Freddie
Company Specialist at Welcome to the Jungle
Insights
15% employee growth in 12 months
Company
Funding (last 2 of 9 rounds)
Jul 2019
$370m
SERIES G
Sep 2018
$400m
SERIES F
Total funding: $1.5bn
Company benefits
- Flexible Working
- Work From Home Opportunities
- Paid Vacation, Holidays, Sick Time
- Paid Parental, Marriage, and Recharge Leave
- Medical, Tele-Health, Dental and Vision Benefits
- 401(k) Plan
- Flexible Spending Accounts (FSAs)
- Commuter Program
- Life and disability insurance
- Maven (a support system for new parents)
- Carrot (fertility benefits)
- UrbanSitter (caregiver referral network)
- Employee Assistance Program
- Pet Insurance
Company HQ
Midtown Manhattan, New York, NY
Leadership
Robert Reffkin
(CEO)After 2 years at McKinsey, Robert worked as a Lazard Associate and White House Fellow. They joined Goldman Sachs in 2006, where they worked as VP of Principal Investment before leaving in 2012 to found Compass. Alongside this, Robert ran 50 marathons in 50 states to raise $1 million dollars for for youth education and enrichment programs.
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