Corporate Transactional Attorney, Field Distribution – Law Department

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:

• Candidates should have 2 or more years of legal experience. 

• Experience advising on issues relating to an independent contractor sales force of insurance agents and/or investment professionals would be a plus, but not required.

• Good writing skills and comfort with drafting agreements. 

• The ability to analyze a wide variety of legal issues, synthesize complex information, and provide solution-oriented legal advice to business professionals throughout the enterprise.  

• Candidates must have an exemplary academic record and a Juris Doctorate degree; note that a license to practice law in the State of Wisconsin or a commitment to become licensed within the first year of employment is required.

Desired personal attributes:

• The scope of this role may change over time to respond to business needs.  The successful candidate will be flexible and adaptable in terms of general skill sets & aspirations.

• Excellent interpersonal and communication skills, a highly analytical and curious mind, creativity, comfort dealing with ambiguity, integrity, high ethical standards, and a positive demeanor.

• Demonstrated ability to collaborate and contribute effectively in a team environment.

• Ability to work autonomously and to effectively prioritize multiple tasks at the same time.

• A keen problem-solving approach using sound legal reasoning and practical business judgment to identify and address risks and achieve results that balance benefits for all stakeholders of the enterprise.

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 multitude of 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 the Department’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 Real Estate 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

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 additional information relating to location-based pay structures.

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.