Role Overview
Legalist is hiring a Managing Director, Bankruptcy & Workouts. This is a full-time remote role, with the team based in Remote, United States. Part of Legalist's Risk hiring. Full responsibilities, required qualifications, and the apply link are listed in the description below.
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Job Description
Intro description:
Legalist is a tech-enabled alternative asset manager that uses proprietary data-driven origination to invest in uncorrelated legal and government-payment assets. Founded out of Y Combinator in 2016, Legalist manages over $1.7 billion for endowments, foundations, and family offices.
Legalist is seeking a Managing Director, Bankruptcy & Workouts to lead restructuring, workout, and distressed investment efforts across the platform. This is a high-impact, cross-functional role working closely with senior leadership to protect capital, drive recoveries, and navigate complex legal and financial situations.
Responsibilities:
- Lead bankruptcy, restructuring, and workout situations across investment portfolios
- Develop and execute recovery strategies, including litigation, negotiation, and restructuring pathways
- Step into complex or adversarial situations to protect Legalist’s position as a creditor or investor
- Partner with investment teams to address distressed or at-risk positions
- Evaluate distressed and special situations investment opportunities
- Manage external counsel and advisors in high-stakes matters
- Identify early warning signs and proactively mitigate risk
Qualifications:
- JD preferred
- 8–15+ years of experience in bankruptcy, restructuring, or distressed/special situations investing
- Background in a top law firm and/or distressed investment platform
- Deep expertise in U.S. bankruptcy law and creditor rights
- Strong commercial judgment and ability to operate across legal and investment considerations
- Proven ability to manage complex, high-pressure situations
Preferred Qualifications:
- Experience across multiple asset classes or investment strategies
- Familiarity with litigation finance or legal asset investing
Frequently Asked Questions
How do I apply for the Managing Director, Bankruptcy & Workouts position at Legalist?
Use the Apply button above to submit your application directly to Legalist. Most applications take less than 5 minutes if your resume and contact details are ready, and you'll be routed to the employer's official application system to finish.
Is the Managing Director, Bankruptcy & Workouts role at Legalist remote?
Yes. This is a remote role. The team is based in Remote, United States, but the position itself does not require relocating to that office.
What does a Managing Director, Bankruptcy & Workouts at Legalist earn?
Legalist has not disclosed a salary range in this posting. Many employers share specifics later in the interview process; you can also ask during a recruiter screen if compensation transparency is important to you.
When was the Managing Director, Bankruptcy & Workouts role at Legalist posted?
This role was posted on April 21, 2026 (59 days ago). It's still listed as actively hiring; we re-confirm openings against the source system multiple times per day and remove closed roles.
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