Uses of paralegals in your business

A paralegal is a legal assistant who helps lawyers with their work, investigating cases, doing legal research, tracking necessary documents and writing up reports as needed.  Paralegals who work in the legal departments of businesses are known as corporate or business paralegals and their job is considered specialized, requiring degree-level training as well as a good deal of corporate legal experience.  A paralegal usually needs at least a bachelor’s degree in paralegal studies to be eligible for a position, but an associate’s degree paralegal with several years of experience as a legal assistant in a business environment may also be considered.

Corporate paralegals handle a great deal of documentation, including corporate charter documents, merger documents, and formative documents.  They prepare documentation for stock transfers and prepare the documents for other financial operations including distributions and stock splits.  Due diligence in corporate acquisitions and other transactions is also a responsibility for a corporate paralegal.

Benefits of a paralegal for businesses

In addition to the many legal skills they possess, one of the biggest benefits of employing a business paralegal is the expertise and skill they bring to the table with regard to using the latest technology.  The research and documentation that a business paralegal is required to do means they have to utilize technology to a great extent and adapt to new and changing elements constantly.  A large portion of business, from accounting and stock trading to legal transactions and communications is accomplished with technology, so the presence of a tech savvy employee who also has legal knowledge and corporate experience is a time and money saver for a company.

Paralegals also frequently have the most contact with business clients and stockholders, more so than the lawyers and executives of the company.  Their communication skills, both verbal and on paper, are essential skills and many receive additional training through college coursework and workshops to help improve their ability to communicate with others.

For a smaller business, employing a paralegal is an excellent investment.  Having a paralegal on staff to help with legalities of contracts and sales, as well as assisting with the business’ accounting, taxes and compliance issues, will save that business a good deal of money both short term and long term.  Many companies have even taken the investment a step further by offering training opportunities and educational options to current employees, allowing for an employee with corporate experience and an interest in being a paralegal to pursue their degree or certification with the backing and assistance of the company.  In these cases, the understanding usually includes a term of employment after completing the degree program as a means of paying back the employer for the investment in education and training.

The increase in online degree programs for a wide variety of concentrations, including paralegals, has served to increase the number available.  Even with the surge in numbers, the demand for well-trained paralegals and legal assistants has not waned and is expected to continue, especially with the extensive changes being made to corporate tax codes, healthcare and insurance issues, and business and financial changes taking place in Europe and Asia.

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Trackback URL http://mynextbuck.com/uses-of-paralegals-in-your-business/trackback/

Uses of paralegals in your business

A paralegal is a legal assistant who helps lawyers with their work, investigating cases, doing legal research, tracking necessary documents and writing up reports as needed.  Paralegals who work in the legal departments of businesses are known as corporate or business paralegals and their job is considered specialized, requiring degree-level training as well as a good deal of corporate legal experience.  A paralegal usually needs at least a bachelor’s degree in paralegal studies to be eligible for a position, but an associate’s degree paralegal with several years of experience as a legal assistant in a business environment may also be considered.

Corporate paralegals handle a great deal of documentation, including corporate charter documents, merger documents, and formative documents.  They prepare documentation for stock transfers and prepare the documents for other financial operations including distributions and stock splits.  Due diligence in corporate acquisitions and other transactions is also a responsibility for a corporate paralegal.

Benefits of a paralegal for businesses

In addition to the many legal skills they possess, one of the biggest benefits of employing a business paralegal is the expertise and skill they bring to the table with regard to using the latest technology.  The research and documentation that a business paralegal is required to do means they have to utilize technology to a great extent and adapt to new and changing elements constantly.  A large portion of business, from accounting and stock trading to legal transactions and communications is accomplished with technology, so the presence of a tech savvy employee who also has legal knowledge and corporate experience is a time and money saver for a company.

Paralegals also frequently have the most contact with business clients and stockholders, more so than the lawyers and executives of the company.  Their communication skills, both verbal and on paper, are essential skills and many receive additional training through college coursework and workshops to help improve their ability to communicate with others.

For a smaller business, employing a paralegal is an excellent investment.  Having a paralegal on staff to help with legalities of contracts and sales, as well as assisting with the business’ accounting, taxes and compliance issues, will save that business a good deal of money both short term and long term.  Many companies have even taken the investment a step further by offering training opportunities and educational options to current employees, allowing for an employee with corporate experience and an interest in being a paralegal to pursue their degree or certification with the backing and assistance of the company.  In these cases, the understanding usually includes a term of employment after completing the degree program as a means of paying back the employer for the investment in education and training.

The increase in online degree programs for a wide variety of concentrations, including paralegals, has served to increase the number available.  Even with the surge in numbers, the demand for well-trained paralegals and legal assistants has not waned and is expected to continue, especially with the extensive changes being made to corporate tax codes, healthcare and insurance issues, and business and financial changes taking place in Europe and Asia.

2,232 Responses to Uses of paralegals in your business
  1. australia
    February 14, 2019 | 3:36 am

    Awesome article post.Much thanks again. Really Cool.

  2. Jorge Pulanco
    February 14, 2019 | 5:11 am

    We still cannot quite assume that I made it worse often be kind of staring at the important points seen on your blog post. Our grandkids and i also are sincerely thankful with regards to your generosity plus giving me possibility pursue our chosen profession path. Document information and facts I became of the web-site.

  3. for more info
    February 14, 2019 | 6:16 am

    There is obviously a bunch to know about this. I assume you made various nice points in features also.

  4. Marshall Panameno
    February 14, 2019 | 6:56 am

    Some genuinely interesting info , well written and loosely user pleasant.

  5. Noel Stohlton
    February 14, 2019 | 8:42 am

    Spot on with this write-up, I truly suppose this website wants far more consideration. I’ll in all probability be once more to learn much more, thanks for that info.

  6. Lee Tulk
    February 14, 2019 | 9:09 am

    You got a very great website, Gladiolus I found it through yahoo.

  7. Call Service Provider
    February 14, 2019 | 10:47 am

    Thanks for the blog.Really looking forward to read more.

  8. Jordan 11 retro win like 82 ebay
    February 14, 2019 | 11:29 am

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  9. Remedios Bielak
    February 14, 2019 | 11:52 am

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  11. Patience Kasmir
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  12. Nanci Feazelle
    February 14, 2019 | 2:57 pm

    Aw, this is quite a nice post. In concept I have to put in place writing such as this additionally – taking time and actual effort to produce a really good article… but so what can I say… I procrastinate alot and by no means manage to get something done.

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  14. Martina Maignan
    February 14, 2019 | 4:14 pm

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  15. Chris
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  16. pool builders in inland empire
    February 15, 2019 | 5:49 am

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  17. đông tăng long
    February 15, 2019 | 6:38 am

    I cannot thank you enough for the article.Really thank you! Really Cool.

  18. auto accident lawyer
    February 15, 2019 | 8:07 am

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  19. Julius
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  23. Liberty Shorts
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  25. Donald Lough
    February 16, 2019 | 10:42 am

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  26. Gabrielle Hancin
    February 16, 2019 | 2:38 pm

    Hiya, I am really glad I’ve found this info. Today bloggers publish only about gossip and net stuff and this is really annoying. A good blog with exciting content, that’s what I need. Thanks for making this site, and I will be visiting again. Do you do newsletters? I Cant find it.

  27. Emerson Vowels
    February 16, 2019 | 4:58 pm

    Excellent stuff. I can’t describe how much your site has helped me within my academic research on the subject. I’m now likely to get top marks without a doubt. Thanks a thousand. I owe you one.

  28. Kathrin Koenig
    February 16, 2019 | 5:44 pm

    olive oil is very very tasty if you put it in fried foods and you can taste it raw too.

  29. Trinity Mclees
    February 16, 2019 | 5:52 pm

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  30. Denver Leno
    February 16, 2019 | 7:08 pm

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  31. Trista
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  32. Independent Book Publishing Company
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