Legal Intern - Summer 2027 at Old Mission (Chicago IL, United States)
Old Mission· Chicago IL, United States·
Job description
Old Mission is a global proprietary trading firm that leverages state-of-the-art technology and research to identify and execute profitable trading strategies across multiple asset classes around the world. Our offices in Chicago, New York, and London are all composed of naturally-curious individuals who thrive in a team environment and constantly strive for improvement.
About This Role
Old Mission is a global proprietary trading firm that uses cutting-edge technology and research to identify and execute profitable trading strategies across asset classes worldwide, with offices in Chicago, New York, and London.
This 2027 summer internship gives a law student real junior-attorney-level work inside a financial services legal department. You'll work alongside experienced counsel on active matters, get regular feedback, and gain hands-on exposure to the corporate, commercial, and regulatory issues facing a prop trading firm regulated by the SEC, FINRA, CFTC, and FCA.
What You'll Do
- Review and assist with the firm's commercial agreements and vendor contracts
- Maintain the firm's contract lifecycle management system
- Assist with entity formation, foreign qualification, and related corporate governance filings
- Conduct legal and regulatory research and prepare written summaries
- Draft corporate documents, agreements, policies, and notices
- Assist with ongoing regulatory compliance matters
- Maintain research and regulatory reference materials for the legal team
- Track and flag relevant industry news and legal or regulatory updates
What We're Looking For
- Currently enrolled in a U.S. accredited law school, Class of 2028 or 2029, with a strong academic record
- Law review, journal, or moot court experience is a plus
- Strong oral and written communication, organizational skills, and attention to detail
- Able to manage multiple priorities and work independently in a fast-paced environment
- Proficient in MS Office
Nice to Have
- Strong performance in Contracts and Legal Writing
- Familiarity with securities, commodities, or financial services regulation
- Prior internship or clinic experience in a legal or financial services setting
Pay Range
$30–$35/hr., depending on experience, skills, and qualifications relative to role requirements. This position is classified as non-exempt and is eligible for overtime pay in accordance with the Fair Labor Standards Act and Illinois state wage and hour law. Old Mission is not accepting unsolicited resumes from any staffing/search firms. All resumes submitted by staffing/search firms to any employee at Old Mission via-email, the Internet or directly without a valid signed search agreement will be deemed the sole property of Old Mission, and no fee will be paid in the event the candidate is hired by Old Mission.
Why work at Old Mission
- Culture & Values: “Outwardly competitive culture with a flat hierarchy that respects good ideas, wherever they come from.” Transparency and collaboration are core. oldmissioncapital.com
- Immediate Responsibility: Traders, engineers, and operations staff are given ownership of critical processes from day one; new hires work at scale and measure impact in real time.
- Work Environment: Modern offices with well-stocked kitchens and plenty of social opportunities; founders and senior leaders remain accessible on the trading floor.
- Learning & Growth: Formal education program combined with hands‑on mentorship. Engineers get exposure to the entire technology stack (Python, C++, Kubernetes, etc.) and traders learn from desk heads directly.
- Compensation & Reviews: Employer rating of 4.2/5.0 (42 reviews) with high marks for culture (4.6), compensation (4.4), and career development (4.6). linkedin.com
- Work Policy: Likely office‑focused given trading floor environment; roles are based in Chicago, New York, and London.