Corporate Transactional Attorney, Field Distribution - Law Department
Northwestern Mutual | |
United States, Wisconsin, Milwaukee | |
720 E Wisconsin Ave (Show on map) | |
Oct 26, 2024 | |
At Northwestern Mutual, we are strong, innovative and growing. We invest in our people. We care and make a positive difference. The Northwestern Mutual Law Department is seeking an attorney interested in joining a diverse, challenging, and fast-paced practice advising the Company on a wide range of issues as the Company works to transform how clients experience financial security. What's the role: This attorney will be a member of the Department's Field Distribution Team, which handles legal matters relating to the Company's independent contractor sales force. We are looking for someone with general corporate, mergers and acquisitions, financing, tax, and other transactional experience with closely-held and public businesses who can advise on and help review and draft agreements and documents related to business entity formation; ongoing governance; dissolution; shareholder/membership buy-sell terms; asset and equity sales and purchases; bank and private financing; and equity-related incentive compensation arrangements (e.g., profit-sharing and phantom equity). This attorney also must be agile enough and willing to provide more general legal advice and serve as a trusted advisor to our business colleagues on non-transactional matters relating to the Company's distribution system, which is made up of thousands of independent contractor financial representatives in all fifty states. In this regard, the attorney will provide counsel to the Company on the myriad legal issues that arise with respect to sales of the Company's insurance and investment products. Such issues include the intersection of state, federal, and Company regulations and their impact on independent contractor field force closely held businesses; regulations relating to insurance and securities licensing and registration requirements; and consulting with the Company's approximately seventy-five independent contractor general agents and their staff personnel and with the general agents' own legal counsel. Bring Your Best! What this role needs:
Desired personal attributes:
Information About Northwestern Mutual and the Law Department: Of the Northwestern Mutual Law Department's approximately 110 people, roughly 75 are lawyers, having come to Northwestern Mutual from all around the country after having graduated from a multitudeof law schools and undergraduate institutions and having practiced in a wide variety of settings. The balance of the Department consists of highly skilled paralegals and research and administrative professionals who support significant aspects of the Department's operations. Our Law Department (in every aspect of its operation, including the Law Department Leadership Team, the Department's other practicing lawyers, and theDepartment's professional administrative staff) is inclusive and diverse, comprising a rich mixture of men and women who come from a wide variety of ethnic and religious backgrounds and includes people of color and those who are openly gay or lesbian. The Northwestern Mutual Law Department provides the vast majority of legal services in nearly all disciplines directly to the Company, with only select utilization of outside counsel. There are nine main practice teams within the Law Department: Corporate and Tax; Digital and Enterprise Operations; Distribution; Enterprise Governance; Insurance Products and Operations; Investment Products and Advisory Services; Litigation; Private Securities Investments; and RealEstate Investments. Lawyers have the opportunity to develop a thorough understanding of the Company's business needs and are fully engaged in the execution of the Company's business strategy. This allows members of the Law Department to provide timely and effective counsel in an efficient manner and leads to greater career satisfaction for our attorneys, paralegals, and professional administrative staff. This job is not covered by the existing Collective Bargaining Agreement Compensation Range: Pay Range - Start: Pay Range - End: Northwestern Mutual pays on a geographic-specific salary structure and placement in the salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity as well as the cost of labor in the market; and other conditions of employment. At Northwestern Mutual, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. Please note that the salary range listed in the posting is the standard pay structure. Positions in certain locations (such as California) may provide an increase on the standard pay structure based on the location. Please click here for additiona l information relating to location-based pay structures. Grow your career with a best-in-class company that puts our client's interests at the center of all we do. Get started now! We are an equal opportunity/affirmative action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender identity or expression, sexual orientation, national origin, disability, age or status as a protected veteran, or any other characteristic protected by law. If you work or would be working in California, Colorado, New York City, Washington or outside of a Corporate location, please click here for information pertaining to compensation and benefits. FIND YOUR FUTURE We're excited about the potential people bring to Northwestern Mutual. You can grow your career here while enjoying first-class perks, benefits, and commitment to diversity and inclusion.
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