Firm: Choate Hall & Stewart LLP
Location: Boston MA (Hybrid)
Employment Type: Full-Time
Compensation Range: $310000 $435000 annually
Client is nationally recognized Debt Finance Practice is seeking an experienced Asset-Based Lending (ABL) Finance Attorney to join its growing and collaborative team. The firm represents a broad range of lender-side clients including commercial banks private credit funds business development companies and other institutional lenders in sophisticated asset-based lending transactions across multiple industries.
This opportunity is open to lateral Associates Principals or Counsel with meaningful ABL experience. Candidates interested in pursuing the equity partner track as well as those who prefer a non-partnership role focused on high-level legal execution and client service are encouraged to apply.
Key ResponsibilitiesRepresent lender-side clients in complex asset-based lending transactions including first lien second lien and split-lien structures.
Lead and manage all phases of ABL transactions from deal structuring and document drafting to negotiation and closing.
Draft review and negotiate transaction documents including:
Credit agreements
Intercreditor and agreements among lenders
Collateral and security documents
Advise clients on borrowing base mechanics and collateral structures involving:
Inventory
Accounts receivable
Equipment
Intellectual property
Real estate
Apply and interpret relevant legal frameworks including UCC Article 9 and intercreditor regimes.
Collaborate closely with partners associates and clients in a fast-paced high-performing team environment.
Deliver exceptional client service while managing multiple transactions simultaneously.
Substantial experience in asset-based lending preferably representing lender-side clients.
Strong familiarity with ABL structures collateral types and secured lending principles.
Excellent academic credentials.
Superior analytical drafting and negotiation skills.
Ability to work effectively both independently and collaboratively.
Experience at a large law firm or elite boutique is strongly preferred.
Hybrid work model requiring in-office presence at least four days per week.
Schedule subject to change based on firm department and client needs.
Must be legally authorized to work in the United States without current or future employer sponsorship.