Investment Management Of Counsel (7+ yrs) – Am Law 50 Firm
McCormack Schreiber Legal Search
Chicago, IL · Posted November 6, 2026
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Where Chicago, IL ranks
Where Chicago, IL placed in our monthly rankings, month by month. Each month stays online at its own address.
November 2026
- #1Best cities for government pay after cost of living$146k · of 18
- #1Cities with the most jobs that do not need a four-year degree in the Midwest684 jobs · of 51
- #1Cities with the most jobs that do not need a four-year degree in the Great Lakes684 jobs · of 36
- #1Best cities for software and engineering jobs in the Midwest1,140 openings · of 59
- #1Best cities for software and engineering jobs in the Great Lakes1,140 openings · of 48
- #1Best all-round cities for mid-career professionals in the Midwest80 / 100 · of 20
Rankings about legal jobs
- Best cities for legal jobs #1 New York (854 openings)
- Best cities for legal pay after cost of living #1 San Mateo ($238k)
- Most requested AI skills in legal jobs #1 AI tools in daily work (3.9%)
- Employers with the most legal jobs #1 Morgan & Morgan (195 roles)
How AI is used in this kind of work
Among judicial law clerks, AI is already used for some of the tasks. Measured exposure for judicial law clerks: 17% (some).
Share of this job’s tasks that AI is already used for at work, from real usage. It is not a forecast of job loss, and a low number means no use seen yet. Source: Anthropic Economic Index.
About the job
About the Position:
Our client, a top Am Law firm, is seeking an investment management attorney to join its practice as Of Counsel in Chicago. Highly visible in the market, the group boasts an impressive client list of private and registered fund sponsors, asset managers, and institutional investors, and is particularly adept at providing counsel on SEC, CFTC, and NFA issues.
Highlights:
· Nationally Chambers-ranked practice
· Firm is recognized for its AI innovation and education
· Top-ranked for mentoring and training initiatives
· Named as one of the most prestigious law firms by Vault
Responsibilities:
· Assist investment management firms with regulatory matters, including registration, compliance, disclosure, conflicts of interest, and SEC regulatory examinations
Analyze complex regulatory matters
· Assist institutional investors in with the structuring and terms of their investments
· Represents buyers and sellers of private fund interests in the secondary market
Required Qualifications:
· 7+ years of experience with investment adviser regulatory matters, including ’40 Act and other federal securities laws
· Experience in a law firm, the Securities and Exchange Commission, or a similar industry participant
· Strong academic credentials
Location:
Chicago, IL (Hybrid)
Compensation:
The anticipated base salary range for this position is $350,000+.