Fund Formation Senior Paralegal - Hybrid

Chelsea Search Group•Chicago, IL
•Hybrid

About The Position

Fund Formation paralegals provide paralegal support to the firm's attorneys and senior paralegals and perform administrative duties as assigned. The role supports emerging company and venture fund work, including preparing and maintaining organizational documents, partnership and limited liability company agreements, side letters, transfer and admission agreements, and other amendments. It also involves investor suitability due diligence, securities-regulation research, filings, due diligence reviews, and assistance with opinions and supporting materials related to fund formation. The paralegal handles SEC compliance reporting for venture fund clients concerning their public company stock portfolios and completes timekeeping and other administrative tasks. The position requires the ability to work overtime as required and to bill a minimum of 1,600 hours annually.

Requirements

  • Bachelor’s degree.
  • Minimum of 5 years of paralegal experience.
  • Bill a minimum of 1,600 hours annually.
  • After orientation, demonstrate proficiency in Microsoft Office, iManage, and other firm applications.
  • Ability to work independently and as part of a team in a fast-paced environment with multiple supervisors.
  • Ability to meet deadlines and maintain flexibility 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 others, including clients, and under pressure.
  • Demonstrate initiative, diplomacy, and tact.
  • Be reliable, committed, and punctual.
  • Available to work overtime as required.

Nice To Haves

  • Fund Formation paralegal experience preferred.
  • Paralegal Certificate preferred.

Responsibilities

  • Provide paralegal support to the firm's attorneys and senior paralegals.
  • Perform all facets of emerging company and venture fund work.
  • 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 preparation of opinions and supporting materials in connection with fund formation.
  • Handle SEC compliance reporting for venture fund clients regarding their public company stock portfolios.
  • Submit time sheets and e-time logs, and fulfill other administrative duties in a timely manner.
  • Perform other duties as assigned or required.
  • Work overtime as required.
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