Fund Formation Paralegal

Cooley LLP•Chicago, IL
•$72,800 - $104,000

About The Position

Cooley is seeking a Fund Formation Paralegal to provide paralegal support to attorneys and senior paralegals and perform administrative duties. The role supports emerging company and venture fund work, including the preparation and maintenance of fund organizational documents and agreements, investor suitability due diligence, securities-regulation research, required filings, due diligence reviews, and SEC compliance reporting for venture fund clients. The position also includes timely completion of timekeeping and other administrative responsibilities.

Requirements

  • Bachelor’s degree.
  • 1–3 years of Fund Formation experience.
  • Available to work overtime as required.
  • After orientation at Cooley LLP, demonstrate proficiency in Microsoft Office, iManage, and other firm applications.
  • Bill a minimum of 1,600 hours annually.
  • Work independently and as part of a team in a fast-paced environment, support multiple supervisors, meet deadlines, and remain flexible with assignments and work schedules.
  • Organize and prioritize assignments and delegate tasks to service departments when necessary.
  • Demonstrate excellent written, communication, and proofreading skills with attention to detail.
  • Work well with others, including clients, and under pressure.
  • Demonstrate initiative, diplomacy, and tact.
  • Be reliable, committed, and punctual.

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 reviews of documents and assist with preparing opinions and supporting materials in connection with fund formation.
  • Handle SEC compliance reporting on behalf of venture fund clients regarding their public company stock portfolios.
  • Submit time sheets and e-timelogs and complete other administrative duties in a timely manner.
  • Perform other duties as assigned or required.

Benefits

  • Medical benefits.
  • 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.
  • 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 each year.
  • 10 paid holidays each year.
  • Parental leave.
  • Fertility benefits.
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