Income Partner – Corporate & Business Counseling
Location: Chicago, IL (Hybrid – 3 Days In Office)
Compensation: $175,000 – $190,000 DOE + Benefits
Our client, a well-established and respected Chicago-based law firm, is seeking an experienced attorney to join its Corporate & Business Counseling Practice Group at the Income Partner level.
This opportunity is ideal for an attorney with a portable book of business who is looking to continue growing their practice in a collaborative environment that values client service, professional development, and work-life balance. The firm offers sophisticated legal work, strong internal support, and the opportunity to build long-term client relationships without the pressures often associated with larger national firms.
The Opportunity
Join a well-established Chicago law firm as an Income Partner in its Corporate & Business Counseling practice. This role offers the opportunity to work on sophisticated corporate matters, continue growing an existing book of business, and collaborate with experienced attorneys in a supportive and collegial environment.
The ideal candidate will have 7–10 years of corporate law experience, a portable book of business, and a passion for serving as a trusted advisor to business clients. Attorneys benefit from greater autonomy in managing their practice while having access to the resources, support, and collaboration of an established firm.
The practice serves a diverse client base that includes:
Middle-market companies
Closely held businesses
Family-owned businesses
Financial institutions
Investors
Entrepreneurs
Attorneys have the opportunity to build long-term client relationships while advising clients on complex transactions, strategic business matters, and day-to-day legal challenges. The firm seeks attorneys who are committed to maintaining and growing their client relationships while contributing to the continued growth of the practice.
Areas of Practice
Franchise Law
General Business Counseling
Mergers & Acquisitions
Private Equity
Securities
Taxation & Organization Planning
Technology, Intellectual Property & Advertising
Banking & Financing
Qualifications
J.D. from an accredited law school
Licensed and in good standing with the Illinois Bar
7–10 years of corporate and business law experience
Portable book of business required
Minimum portable book of business of approximately $500,000–$600,000
Demonstrated ability to develop, grow, and maintain client relationships
Experience handling sophisticated corporate transactions and business counseling matters
Excellent drafting, negotiation, and communication abilities
Strong academic credentials and business acumen preferred
Why Consider This Opportunity?
Income Partner opportunity with a long-standing Chicago law firm
Greater autonomy to manage and grow your practice
Collaborative and entrepreneurial culture
Hybrid work environment (3 days in office, 2 days remote)
Sophisticated corporate work with a diverse client base
Opportunity to expand an existing practice and develop new client relationships
Strong cross-selling opportunities across multiple practice areas
Support from experienced attorneys and professional staff
Direct client interaction and meaningful involvement in client strategy
Annual billable expectation of 1,600 hours
Focus on long-term growth, client service, and work-life balance
Long-Term Partnership Growth
This role offers a genuine path for long-term advancement within the firm. The firm has a strong history of promoting Income Partners to Equity Partner and provides opportunities for attorneys to expand their leadership roles within the organization.
Current Income Partners serve as:
Attorneys who are interested in building their practice and increasing their involvement within the firm will find a platform that supports both professional growth and leadership development.
Compensation & Benefits
Base salary of $175,000 – $190,000, depending on experience
Hybrid work schedule (3 days in office, 2 days remote)
Medical, dental, and vision insurance
401(k) retirement plan
Life insurance
Short- and long-term disability coverage
Paid vacation, holidays, and sick time
Wellness programs and additional firm-sponsored benefits
Application Process
Qualified candidates are encouraged to apply with a current resume. As part of the evaluation process, candidates may be asked to provide a cover letter, complete and up-to-date resume, and law school transcripts for submission to the client.
Interview Process:
Virtual w/Practice Leader
In person with 4 separate attorneys from different practice areas, 30 minutes each. Allocate about 3 hours total for this process.
Submittal Material:
Cover Letter
Resume/Profile
Law School Transcripts
