Fund Formation Senior Paralegal

Cooley LLP; Chicago (IL); On-site; USD 114,000 - 177,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Flexible spending accounts

Paid Time Off

Paid holidays

Job summary

Cooley LLP in Chicago is seeking a Fund Formation Paralegal to provide support to attorneys and senior paralegals. Responsibilities include preparing organizational documents, conducting due diligence, and ensuring SEC compliance for venture funds. The role requires a Bachelor's degree and at least 5 years of paralegal experience, with a preference for candidates with a Paralegal Certificate. The position offers a competitive hourly wage of $55-$85 and a full benefits package including health insurance and 21 days of PTO.

Qualifications

• 5+ years of paralegal experience, preferably in Fund Formation.
• Ability to work overtime as required.
• Bill a minimum of 1,600 hours annually.

Responsibilities

• Prepare organizational documents and agreements.
• Conduct investor suitability due diligence.
• Research Federal and State securities regulations.
• File requisite notices and perform due diligence review.
• Handle SEC compliance reporting for clients.

Skills

Microsoft Office suite

iManage

Paralegal duties

Due diligence

Investor suitability research

Education

Bachelor's Degree

Paralegal Certificate

Job description

Position summary

Fund Formation paralegals provide paralegal support to Cooley attorneys and senior paralegals and perform administrative duties as assigned. Specific duties including, but not limited to, the following:

Position responsibilities

• All facets of emerging company and venture fund work, including the preparation and maintenance of organizational documents, partnership and limited liability company agreements, 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.
• Preparation and filing of requisite notices.
• Perform due diligence review of documents and prepare opinions and backup in connection with fund formation.
• Handle SEC compliance reporting on behalf of venture fund clients with respect to their public company stock portfolios.
• Turn in time sheets, e-timelogs and fulfill other administrative duties in a timely fashion.
• Perform all other duties as assigned or required.

Skills and experience

Required

• Available to work overtime, as required.
• After orientation at Cooley LLP, exhibit proficiency in the Microsoft Office suite, iManage and other firm applications.
• Bachelor's Degree.
• Bill a minimum of 1,600 hours annually.
• Minimum of 5 years of paralegal experience, preferably in Fund Formation.

Preferred

• Paralegal Certificate.

Competencies

• Ability to work independently and as part of a team in a fast‑paced environment, meeting deadlines and maintaining flexibility with work assignments and schedules.
• Ability to organize and prioritize assignments and delegate tasks to service departments when necessary.
• Possess excellent written, communication and proofreading skills with attention to detail.
• Ability to work well with others, including clients.
• Ability to work well under pressure.
• Must demonstrate initiative, diplomacy, and tact.
• Reliable, committed, and punctual.

Cooley LLP offers a competitive compensation and excellent benefits program.

EOE.

The expected hourly pay range for this position with a 40‑hour per week work schedule is $55.00 – $85.00 ($114,400.00 – $176,800.00 annually). Final offer depends on geographic location, applicable experience and skillset of the candidate.

We offer a full range of elective benefits including medical, health savings account (with applicable medical plan), dental, vision, health and/or dependent care flexible spending accounts, pre‑tax commuter benefits, life insurance, AD&D, long‑term care coverage, backup care for children and/or adults, and other parental support benefits. Benefited employees receive firm‑paid life insurance, AD&D, LTD, short‑term medical benefits, 21 days of Paid Time Off (PTO), and 10 paid holidays each year. New employees attend a detailed benefit orientation to learn more about our many benefits and resources.