Full-Time

In-House Commercial Litigation Attorney

Updated on 11/19/2024

Billd

Billd

51-200 employees

Financing service for construction subcontractors

Fintech
Financial Services

Mid

Austin, TX, USA

Hybrid work model allows working from home one day per week.

Category
Legal
Legal & Compliance
Required Skills
Salesforce
Requirements
  • J.D. from nationally-ranked and accredited law school, with an active bar license in good standing (preferably Texas, New York, California, or Arizona)
  • 3-6 years of commercial litigation practice with an established law firm
  • Experience with commercial litigation, including commercial collections, breach of contract, sworn account, mechanic’s lien foreclosure claims, state and federal Miller Act bond claims, and related equitable claims
  • Excellent verbal and written communication skills required
  • Strong attention to detail required
  • Demonstrated ability to manage multiple tasks and prioritize effectively under time constraints
  • Proficiency with Microsoft Office (Word, Excel, etc.), Box, and Zoom required
  • Experience with or ability to learn non-legal software, including Salesforce, DialPad, Lattice, Ninety.io, etc.
  • Desire to learn and grow with the Company in an environment where these desires are rewarded
Responsibilities
  • Serve as primary point of contact and resource for Billd’s non-lawyer collections and liens teams, to help protect the Company and ensure that matters are resolved without the need for legal intervention.
  • Oversee, manage, and direct commercial litigation matters which have been entrusted to the Legal Department.
  • Communicate with customers, guarantors, and other potentially liable parties to seek payment of the sums owed to Billd.
  • Prepare case files in anticipation of litigation and assignment to outside counsel.
  • Identify and manage outside counsel objectives and legal spend parameters.
  • Improve Billd’s internal legal processes, documentation, and strategy and ensure that processes are followed to increase the likelihood of successful legal outcomes.
  • Maintain knowledge of Billd’s legal documentation, including organizational documents, master services agreements, vendor agreements, settlement agreements, litigation templates, etc.
  • Acquire knowledge of and maintain a sensitivity toward state and federal laws affecting Billd’s operations.
  • Provide legal advice to Billd stakeholders on a wide variety of matters including credit and risk decisions.
  • Assist Paralegal in maintaining organization of Legal Department and its initiatives.
  • Be curious about and have a desire to understand the Company’s business operations beyond those which affect the Legal Department.

Billd provides a financing service specifically designed for subcontractors in the construction industry. This service helps subcontractors manage their cash flow by offering them upfront funds, allowing them to pay for materials and labor without waiting for payments from general contractors or project owners. The process for obtaining financing is quick and straightforward, with subcontractors able to enroll in less than three minutes and work with a Billd representative to strategize their business solutions. Unlike many competitors, Billd focuses on the unique financial challenges faced by subcontractors, ensuring a secure and clear financing process. The goal of Billd is to improve cash flow for subcontractors, enabling them to take on new projects and meet immediate expenses more effectively.

Company Stage

N/A

Total Funding

$104.6M

Headquarters

Austin, Texas

Founded

2018

Growth & Insights
Headcount

6 month growth

-3%

1 year growth

-8%

2 year growth

19%
Simplify Jobs

Simplify's Take

What believers are saying

  • Billd's strategic partnerships with companies like BigRentz and STACK enhance its service offerings and market reach.
  • The recent $100M debt facility provides significant capital to expand operations and improve financial products.
  • Positive client feedback and a strong emphasis on security contribute to high client satisfaction and trust.

What critics are saying

  • The construction industry is highly cyclical, and economic downturns could significantly impact Billd's business.
  • Dependence on the construction sector makes Billd vulnerable to industry-specific risks such as project delays and late payments.

What makes Billd unique

  • Billd specifically targets the construction industry, providing tailored financial solutions for subcontractors, unlike broader fintech competitors.
  • Their project-based credit evaluation method, now patented, allows for more accurate risk assessment and better financial support for subcontractors.
  • Billd's quick and easy enrollment process, taking less than three minutes, sets it apart from traditional financing methods that are often cumbersome and time-consuming.

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