Fund Formation Paralegal

Cooley•Chicago, IL

About The Position

Cooley is seeking a Fund Formation Paralegal to provide paralegal support to attorneys and senior paralegals and perform administrative duties as assigned. The role supports emerging company and venture fund work, including preparation and maintenance of organizational and fund documents, securities research and filings, investor due diligence, and SEC compliance reporting for venture fund clients’ public company stock portfolios. The position also includes timely completion of timekeeping and other administrative responsibilities. The role requires a minimum annual billable target of 1,600 hours and availability to work overtime as required. The expected schedule is 40 hours per week. The expected hourly pay range is $35.00–$50.00 ($72,800–$104,000 annually); the final offer depends on geographic location, applicable experience, and skillset.

Requirements

  • Bachelor’s degree.
  • One to three years of fund formation experience.
  • Availability to work overtime as required.
  • After orientation, proficiency with Microsoft Office, iManage, and other firm applications.
  • Bill a minimum of 1,600 hours annually.
  • Ability to work independently and as part of a team in a fast-paced environment for multiple supervisors.
  • Ability to meet deadlines and remain flexible with work assignments, attorney/paralegal assignments, and work schedules.
  • Ability to organize and prioritize work assignments and delegate tasks to service departments when necessary.
  • Excellent written, communication, and proofreading skills, with attention to detail.
  • Ability to work well with clients and others, and under pressure.
  • Initiative, diplomacy, and tact; reliability, commitment, and punctuality.

Nice To Haves

  • Paralegal Certificate

Responsibilities

  • Prepare and maintain organizational documents.
  • Prepare partnership and limited liability company agreements.
  • Prepare side letters, transfer agreements, admission agreements, and other amendments.
  • Conduct investor suitability due diligence.
  • Research federal and state securities regulations in connection with fund formations.
  • Prepare and file requisite notices.
  • Conduct due diligence review of documents and assist with preparation of opinions and supporting materials in connection with fund formation.
  • Handle SEC compliance reporting for venture fund clients with respect to their public company stock portfolios.
  • Submit timesheets and electronic time logs and fulfill other administrative duties in a timely manner.
  • Perform other duties as assigned or required.

Benefits

  • Medical insurance and health savings account with applicable medical plan.
  • Dental insurance.
  • Vision insurance.
  • Health and/or dependent care flexible spending accounts.
  • Pre-tax commuter benefits.
  • Life insurance and AD&D coverage.
  • Long-term care coverage.
  • Backup care for children and/or adults and other parental support benefits.
  • Firm-paid life insurance, AD&D, long-term disability, and short-term medical benefits for benefited employees.
  • 20 days of paid time off and 10 paid holidays each year for benefited employees.
  • Parental leave.
  • Fertility benefits.
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