--- title: 'Experienced/Lateral – Legal Associate at Five Rings LLC - Careers' canonical: 'https://feeny.ai/job/experienced-lateral-legal-associate-five-rings-llc-careers-new-york-azzkqda5hxzk' type: 'job' last_seen: '2026-09-12' --- # Experienced/Lateral – Legal Associate at Five Rings LLC - Careers - **Company:** Five Rings LLC - Careers - **Location:** New York, NY - **Posted:** 2026-09-01 - **Last confirmed live:** 2026-09-12 - **Apply:** https://job-boards.greenhouse.io/fiveringsllc/jobs/5413196008 ## Job description ## About Five Rings Five Rings is a proprietary trading firm founded with a vision of combining strategy, innovation and technology to succeed in today’s global markets. With offices in New York, Boca Raton, London and Amsterdam, Five Rings trades in various domestic and international markets, both established and esoteric. Our team constantly seeks new opportunities, analyzes their risks and rewards, and creates strategies and tools to capitalize on them. We have an open culture and encourage the flow of knowledge and ideas between all areas of the firm. ## About the Role We are seeking to add a Legal Associate to our team based in our New York office. This is a broad role, where you will join a team responsible for the full range of the firm's legal needs across our offices. Tasks will include providing legal analysis of new business opportunities (new markets, products and trading opportunities), drafting, reviewing and negotiating NDA’s and commercial contracts (technology, data, and vendor agreements), drafting, reviewing and negotiating trading and counterparty documentation, assisting with general corporate matters, advising on employment and personnel matters, and managing outside counsel where specialist input is required. ## About You The candidate must hold a JD (or equivalent) and be admitted to practice in New York, with a minimum of five years of relevant experience gained at a major law firm, in-house, or a combination of the two. Strong drafting and negotiation skills across a wide range of commercial agreements, sound commercial judgment, and the ability to give clear and practical advice to non-legal audiences are required. Ability to work independently, strong organizational skills, and ability to multitask are required. Comfort working across jurisdictions and with colleagues and counsel in other offices is expected. Experience at a proprietary trading firm, broker-dealer or financial institution is preferred. Annual Base Salary: $175,000 – $225,000. Base salary does not include discretionary bonus, if eligible, or benefits. ## About Five Rings LLC - Careers ## Company Overview - **One-liner**: Five Rings is a proprietary trading firm that combines strategy, innovation, and technology to identify and capitalize on opportunities across global markets. - **Entity Type**: Private (bootstrapped – no outside investors or clients) - **Headquarters**: New York, NY, United States (with offices in London, Amsterdam, and Boca Raton) - **Founded**: Not publicly available - **Founders**: Not publicly available ## Core Business - Primary industry: Proprietary trading (financial services) - Target customers: None – the firm trades exclusively for its own account; no external clients - Mission/purpose: “Find them first and profit from them quickly” – constantly seeking new opportunities, analyzing risks/rewards, and creating strategies and tools to capitalize on them ## Products & Services - **Proprietary Trading Strategies**: In-house developed algorithms and models executed across established and esoteric markets (domestic and international). - **Trading Systems Technology**: Custom low-latency trading infrastructure built on C++, Python, and Linux, designed for rapid iteration (insight to implementation often within days or weeks). ## Market Standing - **Valuation**: Not disclosed (privately held, no external investors) - **Key Metric**: 229 employees (LinkedIn, as of mid-2026) - **Notable Investors/Partners**: No external investors or partners; the firm is entirely self-funded. - **Growth Signals**: Operates in 7 countries (US, UK, Netherlands, Poland, Croatia, India, Brazil); 4 offices; active recruiting for multiple roles (Quantitative Trader, Software Developer, Trading Operations Engineer, etc.); sponsors a summer Trading Systems Development Intensive Program for sophomores [fiverings.com](https://fiverings.com/) | [LinkedIn](https://www.linkedin.com/company/fiverings) ## Competitive Advantages - **Team-first meritocracy**: Flat structure, open culture, and collaboration among quants, developers, and traders. - **Strong mentorship**: Experienced traders and developers provide extensive hands-on and classroom training. - **Speed of execution**: Strategies move from insight to implementation within days or weeks, not months. - **Compensation**: Competitive packages that reflect the firm’s belief that talent drives success (LinkedIn reports high compensation ratings – 4.3/5.0 for compensation). ## Strategic Focus - Continue expanding into multiple markets (domestic and international, established and esoteric). - Invest heavily in technology and quantitative research to maintain an edge in speed and analytics. - Recruit top analytical talent from universities and competitors (top sources: MIT, University of Pennsylvania, Jane Street, Meta). ## Why Work Here - **Culture**: Casual atmosphere, flat hierarchy, and a focus on collaboration and mentoring. Described as an “open and fun culture” where ideas flow freely [fiverings.com/team](https://fiverings.com/team/). - **Work environment**: Full-time, in-office presence expected (trading floor setting). Offices in New York, London, Amsterdam. - **Perks**: Great benefits, educational priorities (classroom training on top of hands-on work), summer internship program with social events, and a recent “National Intern Day” celebration with an ice cream cart. Employee reviews give culture 3.9/5.0 and career opportunities 3.2/5.0 [LinkedIn](https://www.linkedin.com/company/fiverings). - **Engineering focus**: Software developers work on cutting-edge trading systems using C++23, Python, distributed systems, and low-latency networking. The firm runs a dedicated “Trading Systems Development Intensive” program for sophomores [Greenhouse job board](https://job-boards.greenhouse.io/fiveringsllc/jobs/4988120008). ## Sources 1. [fiverings.com](https://fiverings.com/) 2. [fiverings.com/team](https://fiverings.com/team/) 3. [LinkedIn](https://www.linkedin.com/company/fiverings) 4. [Greenhouse careers page](https://job-boards.greenhouse.io/fiveringsllc) ## Other roles at Five Rings LLC - Careers - [LINK 2027: Software Development Intensive Program](https://feeny.ai/job/link-2027-software-development-intensive-program-five-rings-llc-careers-new-york-j3x46w7t1jat) — New York, NY - [Summer Intern 2027 - Quantitative Researcher (PhD)](https://feeny.ai/job/summer-intern-2027-quantitative-researcher-phd-five-rings-llc-careers-new-york-0hy3xj8va5wr) — New York, NY - [Campus Full Time 2027 - Quantitative Trader](https://feeny.ai/job/campus-full-time-2027-quantitative-trader-five-rings-llc-careers-new-york-6g1rps2p97fb) — New York, NY - [Campus Full Time 2027 - Software Developer - London](https://feeny.ai/job/campus-full-time-2027-software-developer-london-five-rings-llc-careers-london-8s1sxdtgbcmv) — London, United Kingdom - [Campus Full Time 2027 - Quantitative Trader - Amsterdam](https://feeny.ai/job/campus-full-time-2027-quantitative-trader-amsterdam-five-rings-llc-careers-m5y1zgt7cwgf) — Amsterdam, Netherlands - [Campus Full Time 2027 - Software Developer](https://feeny.ai/job/campus-full-time-2027-software-developer-five-rings-llc-careers-new-york-jjk8p1zes4s3) — New York, NY - [Summer Intern 2027 - Software Developer](https://feeny.ai/job/summer-intern-2027-software-developer-five-rings-llc-careers-new-york-hnhtkd9xxt1d) — New York, NY - [Campus Full Time 2027 - Quantitative Trader - London](https://feeny.ai/job/campus-full-time-2027-quantitative-trader-london-five-rings-llc-careers-london-fbb5nbedrqfn) — London, United Kingdom - [Summer Intern 2027 - Quantitative Trader](https://feeny.ai/job/summer-intern-2027-quantitative-trader-five-rings-llc-careers-new-york-071tsv8545sw) — New York, NY - [Recent Graduate - Trading Assistant (NYC)](https://feeny.ai/job/recent-graduate-trading-assistant-nyc-five-rings-llc-careers-new-york-81jjn7qy8nag) — New York, NY