Junior Attorney Opportunity
Who we are interested in
goodcounsel seeks innovative, highly motivated lawyers who want to represent innovative people and companies using alternative law practice models —practitioners who can deploy the skills that our clients need today while simultaneously building the legal practice of tomorrow.
You have an interest in practicing law in a way that makes sense to you: being judged by the quality of your work, not the hours it took you to produce it; drafting documents that are straightforward, concise, and free of archaic and ambiguous language; and innovating with technology and process to streamline the production of work, creating more time for engaging directly with clients.
Our clients – typically early-stage private companies – are busy, and expect a lot from us; you strive to be proficient at translating the clients’ substantive legal needs into sound and timely advice, and clear, strong documentation. Along the way, you are interested in how to improve the process, and build a practice that can accommodate many more startups, entrepreneurs, and other companies that wish to be our clients.
Desired experience and skills
We appreciate everyone’s interest in goodcounsel; however, please consider whether you meet the requirements below before responding.
To be considered for this position, you must have meaningful substantive experience in either transactional or “general counsel” work.
- Experience setting up and structuring corporations and limited liability companies, with knowledge of relevant governing statutes.
- Past work with standard investment transaction documents: corporate charters, stockholders agreements, operating agreements and purchase agreements. Ideally, some experience with structures related to early-stage and venture capital transactions, such as convertible notes, SAFEs and Series A document sets (e.g. NVCA and Series Seed).
- Exposure to and basic understanding of federal and state securities law and regulations.
- General Counsel
- Outstanding contract skills, developed through meaningful experience drafting and negotiating documents such as master agreements/SOWs, technology agreements, license agreements, vendor or customer agreements, and employment or advisor agreements.
- Strong understanding of the key points of contract risk and opportunity, particularly in typically heavily negotiated provisions (e.g. indemnification and limitations of liability).
- The ability to analyze and research complex legal issues with rigor, and provide written and oral legal advice in a thoughtful and timely manner.
- The ability to get quickly up to speed on legal issues with which you are not familiar
The following are not required, but goodcounsel highly values these skills:
- M&A experience
- Top tier among peers in facility with and interest in technology tools, including the ability to manipulate software as a “power user” or to write basic code.
- A demonstrated ability to design and implement repeatable processes.
Personal attributes that we seek:
- Effective communicator with supervisors, peers, clients, and prospects.
- Ability to handle multiple projects simultaneously and to prioritize when necessary.
- Learning mindset, to fit the culture of the practice.
- Calm and composed when facing deadlines and other pressures.
- Able to crack a good joke or at least, to take one; doesn’t take her/himself too seriously.
Who we are
goodcounsel is one of the leading law practices in Chicago for startups and entrepreneurs. We were recently named “Best Firm for Startups” in Chicago by Above the Law.
goodcounsel’s practice consists primarily of
- advising startups on transactional matters, such as initial structuring of companies, documenting co-founder relationships, designing equity incentive programs, and negotiating and closing early-stage investment rounds, and
- serving the role of “general counsel” to many of its clients, which means addressing everyday legal needs that growing companies encounter, such as contract development and negotiation, IP protection, and employee matters.
The quality of our work is our first priority. However, we are not content to perform and deliver legal services the same way as they have been for decades. As an organization, goodcounsel takes an entrepreneurial approach. We are sensitive to the changes happening in the world around us and in the industries that we serve. We ask the same questions that our clients do: how can we provide superior service, or offer attractive new services, by listening to customer needs, understanding trends in the market, exploring different business models, and taking advantage of new technologies.
Our ambition is to build an innovative legal services organization by vigorously adopting technology, building repeatable processes, shedding outmoded elements of “traditional” legal practice, and serving clients under financial arrangements that reward value and efficiency rather than time spent. The kind of innovation in which we are engaged is difficult. Ultimately, though, we believe that it enables us to offer our clients better value.
Finally, goodcounsel is an organization that relentlessly pursues people development. We seek to create a safe environment for growth and a collaborative culture in which individuals can openly identify and address areas for their own development. We are influenced by and implementing the work of Lisa Lahey and Robert Kagan of Harvard, who have described the attributes of "Deliberately Developmental Organizations."