Commercial Lending and Real Estate Paralegal

Burr & FormanBirmingham, AL
1dOnsite

About The Position

Burr & Forman LLP has an immediate opening in our Birmingham, AL office for a full-time, experienced Commercial Lending and Real Estate Paralegal. This position assists attorneys with commercial lending and real estate transactions by managing complex documentation, conducting due diligence, coordinating closings, conducting post-closing work, and communicating with clients, opposing counsel, lenders, and title companies. MAJOR CONTRIBUTIONS Perform paralegal duties requiring knowledge of basic legal terminology and legal processes relating to typical commercial loan and/or real estate lending transactions Draft initial closing checklists for attorney review Assemble deal contacts, and create and manage distribution lists Work directly with clients and opposing counsel to coordinate due diligence and keep matters moving forward; serve as first line contact when appropriate Order and review typical due diligence items such as title, survey, and organizational documentation Review and prepare summaries of deal documents Assist with drafting and updating basic loan documentation Proofread own work and the work of others Actively participate in the closing process, including distribution of signature, assembly of loan documents, review of final due diligence items, calendar management, and final closing coordination with the bank Conduct typical post-closing work, including organization of loan document transcripts, deliveries to client and opposing counsel, follow up on outstanding items, final title and recorded document reviews, clearing client file exceptions, and calendaring follow-up calls/emails Lead conference calls when appropriate, particularly for checklist calls Perform other responsibilities as needed THE ESSENTIALS At least 2 years of experience as a commercial lending and/or real estate paralegal, or at least 2 years of demonstrative commensurate experience working with a commercial lender, title insurance company, real estate development company, or similar experience A bachelor’s degree, paralegal degree or certification, and/or an equivalent combination of education and experience Balance competing priorities and work effectively in a fast-paced environment, exercising patience and professionalism during stressful situations Highly organized, detail-orientated, proactive with a desire to take ownership as a contributing member of the team. Strong communication and drafting skills Proficiency in MS Word, Outlook, and file sharing software (Sharefile, HighQ, etc.) Some overtime may be required ADDITIONAL INFORMATION This position is a unique opportunity to join a firm that prioritizes our clients, colleagues, and communities. Our culture is highly collaborative and individual contributions are recognized and valued. If you’re a service-minded professional with intellectual curiosity and excellent work ethic, please consider joining our team at Burr & Forman. Burr & Forman LLP provides a wide range of benefits designed to support our employees and families including comprehensive health insurance, dental and vision insurance, group term life and disability insurance, a 401(k) retirement plan and retirement planning services, paid time off, and free wellness and mental health services among other benefits. The salary range for this position reflects a reasonable estimate of the range of compensation. Actual compensation is based on a number of factors, including but not limited to, education, work experience, geographic location, skills and competencies, industry knowledge, job responsibilities, market considerations and other business considerations. Equal Opportunity Employer Burr & Forman is an equal opportunity employer and is committed to recruiting, hiring, developing, and promoting lawyers and staff without regard to age, race, color, religion, sex, gender, national origin, sexual orientation, military and protected veteran status, gender identity or expression, transgender status, sex stereotyping, pregnancy, genetic information, disability, or any other protected characteristic. Please view Equal Employment Opportunity, E-Verify, and other related posters at www.burr.com/careers/working-at-burr.

Requirements

  • At least 2 years of experience as a commercial lending and/or real estate paralegal, or at least 2 years of demonstrative commensurate experience working with a commercial lender, title insurance company, real estate development company, or similar experience
  • A bachelor’s degree, paralegal degree or certification, and/or an equivalent combination of education and experience
  • Balance competing priorities and work effectively in a fast-paced environment, exercising patience and professionalism during stressful situations
  • Highly organized, detail-orientated, proactive with a desire to take ownership as a contributing member of the team.
  • Strong communication and drafting skills
  • Proficiency in MS Word, Outlook, and file sharing software (Sharefile, HighQ, etc.)
  • Some overtime may be required

Responsibilities

  • Perform paralegal duties requiring knowledge of basic legal terminology and legal processes relating to typical commercial loan and/or real estate lending transactions
  • Draft initial closing checklists for attorney review
  • Assemble deal contacts, and create and manage distribution lists
  • Work directly with clients and opposing counsel to coordinate due diligence and keep matters moving forward; serve as first line contact when appropriate
  • Order and review typical due diligence items such as title, survey, and organizational documentation
  • Review and prepare summaries of deal documents
  • Assist with drafting and updating basic loan documentation
  • Proofread own work and the work of others
  • Actively participate in the closing process, including distribution of signature, assembly of loan documents, review of final due diligence items, calendar management, and final closing coordination with the bank
  • Conduct typical post-closing work, including organization of loan document transcripts, deliveries to client and opposing counsel, follow up on outstanding items, final title and recorded document reviews, clearing client file exceptions, and calendaring follow-up calls/emails
  • Lead conference calls when appropriate, particularly for checklist calls
  • Perform other responsibilities as needed

Benefits

  • comprehensive health insurance
  • dental and vision insurance
  • group term life and disability insurance
  • a 401(k) retirement plan and retirement planning services
  • paid time off
  • free wellness and mental health services
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