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Are you ready to become a Corporate Paralegal?

Looking to write a job description or learn more about the Corporate Paralegal role? We’ve got your answers here!

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Posted On FEB 03, 2022 

What is a Corporate Paralegal?

 

Paralegals have become an essential part of the legal process. The addition of these legal professionals has increased the efficiency and cost-effective delivery of legal services. Paralegals can either work in a law firm or business setting. A Corporate Paralegal is someone who works on corporate law matters under the supervision of licensed attorneys. They do not practice law, but they help in many aspects of corporate transactions.

 

A Corporate Paralegal will assist a corporation's legal department in many facets of corporate law--from paperwork to court proceedings. The Corporate Paralegal will offer services in corporate litigation procedures and other specific business legal needs. They may attend corporate meetings, prepare corporate resolutions, and other comparable tasks. Depending on the type of business, they may also need to have experience working on other types of industry-specific procedures and documents.

 

Education Requirements

 

  • High school/GED
  • Bachelor’s degree, preferred
  • Paralegal certification a plus

 

Corporate Paralegal Essential Skills

 

  1. Proficiency using virtual data rooms to upload and organize documents
  2. Proficiency in Microsoft Office Suite
  3. Experience billing your time
  4. Excellent written and verbal communication skills
  5. Superb attention to detail, as well as organizational and multitasking skills

 

Corporate Paralegal Roles & Responsibilities

 

  • Responsible for reviewing, tracking, and monitoring legislation that impacts the company’s products and/or processes.
  • Updating leadership with timely analysis and summaries of new legislation/regulations affecting the business.
  • Assists in implementing changes to contracts to comply with legislation/regulations.
  • Responsible for support related to litigation, mediation, arbitration, and responses to complaints.
  • Renewing and maintaining company licensing.
  • Drafting, filing and managing various business entity documents for corporations, LLCs and partnerships with State agencies.
  • Drafting legal contracts, correspondence and other documents.

 

Day-to-Day Duties

 

  1. Create organizational documents, including articles of incorporation or dissolution, stock certificates and merger agreements.
  2. Draft contracts, such as employment contracts and non-compete agreements.
  3. Create and distribute annual reports.
  4. Assist with paperwork needed by regulatory bodies.
  5. Respond to Requests for Information.
  6. Assist with ethics and compliance programs.
  7. Perform legal research

 

Salary Expectations

 

Job TitleYrs. ExperienceAverage SalarySalary Range
 Corporate Paralegal        5-10         $57,041              $42,002-$79,101
       11-20         $67,469              $50,117-$88,019
        21+         $74,837              $54,111-$97,431

 

Salary dependent on experience level, and focus area.

 

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