Investment Legal Services

The Teachers’ Retirement System of the State of Illinois (the System or TRS) is requesting proposals for Project Title . The objective of this Request for Proposal is to solicit competitive proposals from qualified law firms in sufficient detail to permit objective evaluation of all proposals which may result in a contract to provide Project Title to the Teachers’ Retirement System. The System may select one or more law firms, or make no award, and may allocate assignments among selected firms based on expertise, availability, conflicts, cost, performance or other relevant considerations. The selected law firm(s) will handle investment-related legal work as directed by the System. Selection does not guarantee any engagement or minimum volume of work. This engagement is anticipated to be a 5-year term with options to extend at the System’s discretion TRS is committed to increasing racial, ethnic, and gender diversity in all aspects of its utilization of vendors to provide goods and services to the System, to the greatest extent feasible, and within the bounds of financial and fiduciary prudence. To that end, the System strongly encourages qualified minority, female, disabled, and veteran-owned firms to submit proposals to this RFP. A proposer’s preparation and submittal of a proposal or subsequent participation in presentations or contract negotiations creates no obligation on the System to award a contract or to pay any associated costs. All proposals and related materials will be retained by the System and will be subject to disclosure as required in accordance with the Illinois Freedom of Information Act.

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