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Remote | Bankruptcy & Restructuring Lawyer — $90–$110/hour

Role overview

Qualifications

  • Qualified lawyer with substantive professional experience in bankruptcy, restructuring, or insolvency law
  • Strong experience in Chapter 11 proceedings
  • Strong legal analytical skills
  • Precise written English

Responsibilities

  • Review legal matters involving Chapter 11 restructuring proceedings
  • Assess the quality and completeness of legal analysis
  • Evaluate restructuring plans involving treatment across multiple creditor classes
  • Provide a short, specific rationale for every preference decision

Key facts

Hard skills

Other skills

  • Analytical Skills

About the company

24-MAG logo

24-MAG

Business Consulting & Services

Company details

IndustryBusiness Consulting & Services
Company size2 - 10

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Job description

We are sharing a specialised part-time consulting opportunity for experienced bankruptcy and restructuring lawyers with substantive expertise in Chapter 11 proceedings, distressed transactions, plan treatment, and insolvency-related legal analysis.

This role involves reviewing realistic restructuring matters and comparing multiple blinded legal work products for correctness, completeness, judgement, and practical usefulness. Selected lawyers will provide structured preference decisions and concise written reasoning based on their professional restructuring and insolvency experience.

Key Responsibilities

Chapter 11 Review

  • Review legal matters involving Chapter 11 restructuring proceedings
  • Assess the quality and completeness of legal analysis
  • Evaluate whether proposed approaches appropriately reflect restructuring practice
  • Identify substantive errors, omissions, or unsupported conclusions
  • Apply practical judgement grounded in bankruptcy and restructuring experience

First-Day Motions

  • Review first-day motion packages and supporting materials
  • Assess procedural strategy, requested relief, and supporting legal reasoning
  • Evaluate whether relevant issues have been identified and addressed
  • Identify gaps or weaknesses in proposed filings or analysis
  • Judge whether work products would be useful in realistic restructuring practice

Section 363 Sales

  • Review matters involving Section 363 asset sales
  • Assess sale strategy, process considerations, and bid evaluation
  • Evaluate legal and commercial trade-offs across competing approaches
  • Identify incomplete or inaccurate treatment of sale-related issues
  • Review whether recommendations appropriately reflect the underlying facts and documents

Plan Treatment & Objections

  • Evaluate restructuring plans involving treatment across multiple creditor classes
  • Review classification, treatment, and objection-related issues
  • Assess whether legal reasoning appropriately addresses competing stakeholder positions
  • Identify omissions affecting plan analysis
  • Evaluate the practical strength of proposed arguments and recommendations

Blinded Legal Work Product Comparison

  • Read a synthetic restructuring matter and its underlying documents
  • Review six blinded legal deliverables, labelled A–F
  • Complete five head-to-head comparisons against a common comparator output
  • Assess each work product holistically rather than focusing on isolated drafting differences
  • Select the stronger response based on substantive legal quality

Legal Quality Evaluation

  • Assess work products for correctness, completeness, judgement, and usefulness
  • Identify material legal errors or omissions
  • Evaluate whether reasoning is coherent and adequately supported
  • Assess whether recommendations would be useful to practising restructuring lawyers
  • Distinguish substantive quality differences from minor stylistic preferences

Written Legal Reasoning

  • Provide a short, specific rationale for every preference decision
  • Explain the legal and practical considerations supporting each judgement
  • Reference relevant strengths, weaknesses, or omissions in the reviewed work
  • Maintain precise and professional written English
  • Follow project instructions and evaluation criteria consistently

Ideal Profile

  • Qualified lawyer with substantive professional experience in bankruptcy, restructuring, or insolvency law
  • Strong experience in one or more of the following:
    • Chapter 11 proceedings
    • First-day motions
    • Section 363 sales
    • Bid evaluation
    • Restructuring plan treatment
    • Plan objections
  • Able to evaluate legal work holistically for correctness, completeness, judgement, and practical usefulness
  • Strong legal analytical skills
  • Precise written English
  • Comfortable comparing competing legal approaches and explaining preference decisions
  • Able to work independently against detailed written instructions and deadlines

Engagement Details

  • Part-time independent contractor engagement
  • Fully remote
  • Compensation: $90–$110/hour
  • Expected commitment: approximately 18 hours across the engagement
  • One assigned matter involving a full first-day motions package may require materially more review time than other matters
  • Work consists primarily of reviewing realistic restructuring matters and comparing blinded legal work products
  • All project work is subject to NDA and confidentiality requirements
  • External AI tools must not be used on project materials
  • Projects may be extended, shortened, or concluded based on project needs and performance
  • Work must be completed without using confidential or proprietary information belonging to any employer, client, institution, or other third party
  • H1-B and STEM OPT support is unavailable for this engagement

About the Platform

This opportunity is available through 24-MAG LLC. We connect experienced professionals with remote consulting opportunities across technical, evaluation, and project-based workstreams.

By submitting this application, you acknowledge that your information may be processed by 24-MAG LLC for recruitment and opportunity matching in accordance with our Privacy Policy: https://www.24-mag.com/privacy-policy.

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MR

Marcus Rivera

Chief Revenue Officer

m.rivera@company.com
linkedin.com/in/marcusrivera
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