Senior Legal Counsel, Fiduciary Litigation at Northern Trust

Chicago, Illinois, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, Wealth ManagementIndustries

Requirements

Valid license to practice law in Illinois and at least five years as a lawyer with a full-time litigation practice
At least three to five years of full-time business litigation or fiduciary litigation experience
Ideal: Experience representing litigants in the financial services industry and in trusts and estates litigation
Experience as the lead lawyer preparing witnesses and supervising complex discovery in business litigation

Responsibilities

Manages and supports all aspects of matters assigned to the Fiduciary Litigation Division, including trust- or estate-related litigation and disputes typically involving assets under custody or management, customers, beneficiaries or related third parties. Develops appropriate case strategy in consultation with senior internal counsel. Implements strategy and proactively coordinates deliverables with internal and external partners. Reviews, revises and makes timely recommendations to senior internal counsel regarding motions practice and draft agreements proposed by outside counsel
Advises Northern Trust partners on litigation strategy and risk
Oversees internal discovery efforts with or without outside counsel, including coordination with internal e-discovery team about document identification, searching, collection, and production. Understands written and electronic discovery and Northern Trust’s data map well enough to spot problems with discovery suggestions from outside or opposing counsel and advise senior internal counsel accordingly
Drafts, facilitates and implements legal hold notices
Leads and supervises factual investigations in connection with a wide range of legal issues to identify issues in dispute and to support pending and potential litigation matters
Effectively and respectfully interacts with partners (e.g., relationship managers, Risk/Compliance, Tax, Legal Department, Human Resources) or external parties (e.g., regulators, other financial institutions, investigations staff) in the course of information gathering, as appropriate
Conducts complex research and timely prepares summaries of findings
Responsible for preparing partners, with or without the assistance of outside counsel or senior internal counsel, for deposition and trial/hearing testimony
Owns and supports team tracking and reporting requirements
Handles assorted miscellaneous litigation matters with minimal supervision
Researches and recommends hiring of and works collaboratively with outside counsel and other legal and forensic vendors

Skills

Key technologies and capabilities for this role

Fiduciary LitigationTrust LitigationEstate LitigationLitigation StrategyMotions PracticeLegal DraftingRisk AdvisoryCase ManagementOutside Counsel CoordinationWealth Management Law

Questions & Answers

Common questions about this position

What is the employment type for this Senior Legal Counsel position?

This is a full-time position.

Is this Senior Legal Counsel role remote or office-based?

This information is not specified in the job description.

What key skills are required for the Senior Legal Counsel, Fiduciary Litigation role?

Key skills include managing trust- or estate-related litigation, advising on litigation strategy and risk, overseeing internal discovery efforts, drafting legal hold notices, leading factual investigations, and effectively interacting with internal partners and external parties.

What is the company culture like at Northern Trust?

Northern Trust emphasizes enduring principles of service, expertise, and integrity, providing innovative financial services with leading technology and exceptional service to sophisticated clients, supported by over 22,000 partners.

What makes a strong candidate for this Senior Legal Counsel role?

A successful candidate will understand written and electronic discovery, learn Northern Trust’s data map to spot issues in discovery suggestions, develop case strategy, oversee discovery and investigations, and coordinate effectively with internal and external partners.