Tax Associate Attorney

A law firm in New York City, NY, is seeking a Tax Associate Attorney to join its team. The ideal candidate will have 3+ years of experience in transactional tax work, with significant exposure to leveraged finance and capital markets transactions. The role requires excellent oral and written communication skills, a strong academic background, and admission to the New York Bar.

Duties:

• Provide legal counsel on transactional tax matters, including structuring and implementing tax-efficient strategies for transactions.
• Advise clients on tax implications related to leveraged finance and capital markets transactions.
• Draft and review tax-related documentation, including opinions, memoranda, and agreements.
• Conduct comprehensive tax research and analysis to support transaction structuring and decision-making.
• Collaborate with clients, financial institutions, and other stakeholders to ensure compliance with tax regulations and optimize tax outcomes.
• Assist in negotiating and structuring complex transactions to achieve favorable tax results.
• Stay informed on current tax laws, regulations, and industry trends to provide up-to-date advice and guidance.
• Support senior attorneys and partners in managing tax aspects of transactional projects.

Requirements:

• JD from an accredited law school.
• Admission to the New York Bar.
• 3+ years of experience in transactional tax work, with meaningful exposure to leveraged finance and capital markets transactions.
• Strong academic background with a focus on tax law.

Skills:

• Excellent oral and written communication skills.
• Strong analytical and problem-solving abilities.
• Proficiency in drafting and reviewing tax-related legal documents and transaction agreements.
• In-depth knowledge of tax laws, regulations, and compliance requirements.
• Experience in structuring and implementing tax-efficient strategies for complex transactions.
• Ability to manage multiple projects and collaborate effectively with various stakeholders.
• Strong research skills and attention to detail.

This firm is high on profits per partner, but low in terms of associate satisfaction. The good news? They are looking at it, says management, who is reinvigorating the attempts to address associate satisfaction and attrition. Although the work is good--associates feel that they learn through trial by fire, those wanting hands on mentoring or touchy feely interaction with partners will likely be disappointed. However, with major investment bank clients and a recipe for profitability, it is unlikely that this large New York firm will leave the Manhattan scene any time soon.