Corporate Paralegal (Asset Management - Funds)

Ropes & Gray•Los Angeles, CA

2d•$77,000 - $133,450•Hybrid

About The Position

Ropes & Gray is a preeminent global law firm recognized for its leading practices in various areas including asset management. This role supports the Asset Management practice group, requiring knowledge of relevant expectations, requirements, and regulations. The position involves supporting attorneys and paralegals on diverse matters, working independently or as part of a team to accomplish tasks within the practice group.

Requirements

Bachelor's degree
Three years experience as a corporate paralegal or comparable work experience preferred.
Strong interpersonal and communication skills.
Demonstrated self-starter who is both highly organized and a team player.
Comfort learning and working with new technologies.
Willingness to develop proficiency in firm-approved artificial intelligence and legal technology tools.
Ability to critically assess technology-assisted work product, verify outputs, protect confidential information, and exercise sound judgment regarding appropriate use is essential.

Nice To Haves

Prior experience with legal AI tools is helpful.

Responsibilities

Independently manages closing logistics for transactions; demonstrates understanding of common types of transactions; drafts supporting certificates and schedules; coordinates large document productions; develops system for tracking delivery of documents; prepares state, UCC, and federal regulatory filings as necessary; resolves common problems encountered in transactions and corrects with minimal assistance; forms appropriate opinions for corrective actions after consideration and deliberations.
Demonstrates familiarity of unique or uncommon events in life cycles of public and private companies; familiarity with the state and federal reporting requirements in connection with regulatory matters and company documents.
Completes and reviews investor subscription documents, and seeks to ensure accuracy and consistency of responses; and tracks investor subscription documents using spreadsheets and databases.
Tracks and maintains corporate minute books and stock record books; maintains and manages database to track location and status of client records and institutional information.
Assists in the drafting of entity governing documents, resolutions, consents, minutes, equity ownership documents, and transfer agreements.
Review of KYC documentation, including entity governing documents, tax documents, and personal identity verification documents. Develop knowledge of entity legal structures.
Drafts closing documents including, but not limited to, closing certificates, partnership and operating agreements and side letters; coordinates legal closing of private investment funds to meet client deadlines.
Identifies opportunities to improve existing workflows through technology and AI-enabled tools and collaborates with attorneys, paralegals, practice technology, and other firm resources to support adoption of effective and responsible technology-enabled processes.
Participates in required training and maintains proficiency with firm-approved AI and legal technology tools relevant to the role, including understanding their capabilities and limitations.
Adheres to all firm policies and requirements regarding the responsible use of artificial intelligence and other technologies, including requirements relating to client confidentiality, data security, privilege, accuracy, and appropriate human oversight.
Must demonstrate the ability to maintain strict confidentiality of the firm's internal and personnel affairs.
Able to interact and collaborate effectively with all levels of personnel, including management staff and support staff. Possesses strong oral and written communication skills. Able to successfully manage and lead a team.
Able to be a proactive self-starter, who understands the details within a much larger context. Serves as a resource, facilitator and mentor to effectively support the needs of the department.
Must be flexible and able to respond quickly and positively to shifting demands and opportunities. Able to work under tight deadlines and handle multiple, detailed tasks.
Must be able to anticipate problems and issues and exercise independent judgment to make sound, justifiable decisions and take action in solving problems while knowing when and to whom to escalate issues.
Demonstrates sound judgment in determining when and how firm-approved AI tools may be used. Able to provide clear instructions to such tools, assess outputs critically, identify potential inaccuracies or unsupported results, and apply appropriate human review.
Must be team-oriented and able to share information, goals, opportunities, successes and failures with the appropriate parties. Able to influence at all levels of the organization.
Possesses excellent attention to detail and follows up and follows through on deliverables.
Owns professional development by actively seeking out feedback and learning new skills.
Able to maintain a professional demeanor in all situations.
Able to effectively work in a multi-office environment and a culturally and educationally diverse environment.
Able to travel nationally and internationally on short notice.
Performs other work-related duties as assigned by other corporate paralegals and other individuals within the corporate management structure.