As private credit firms continue to evolve amid surging deal volume and increasingly complex compliance demands, many are expanding their legal teams to include in-house counsel capable of navigating this dynamic environment. The Wall Street Journal explores how these firms are competing for top legal talent—often recruiting from elite law firms—to support functions ranging from fundraising to restructuring. In this context, Sakina Rasheed Foster, Dallas office managing partner at Haynes Boone, shared her insights on the skill sets lawyers need to thrive in this space.
Read an excerpt below:
New hires need creativity and a solution-oriented mindset, said Sakina Rasheed Foster, a partner at Haynes Boone.
These are qualities any lawyer needs but are especially useful for private credit because “you do often get these really interesting, bespoke structures where you have to think outside the box,” she said.
Read the full article from The Wall Street Journal here.