Provide legal advice or courtroom guidance to your clients.
For most people, the only thing more complicated than law is money. Together, the two create a perfect storm of confusion, which is why Finance Attorneys — and Finance Paralegals — are key players in corporate America, and in the banking and financial industries, in particular.
Because money is a minefield, banks, corporations and governments hire Finance Attorneys to oversee and advise their transactions to make sure they’re at once smart, sound and legal. As a Finance Paralegal, it’s your job to support the Finance Attorney in that role, protecting not only clients, but also their assets.
Like all Paralegals, the law forbids Finance Paralegals from setting legal fees, giving legal advice or representing clients in court. Everything else, however, is fair game. As a result, you may be asked to assist Finance Attorneys with administrative tasks, such as correspondence, data entry and filing, or to collaborate with them on legal tasks, including doing research, preparing and filing forms, developing legal strategy and making financial calculations relevant to clients’ transactions.
Although your duties are common to most Paralegals, what you do depends largely on what types of clients you serve. If you work in banking or corporate finance, for instance, you’ll likely assist clients and Attorneys with drafting loan agreements, inter creditor agreements and security agreements. If you work in public finance, on the other hand, you’ll likely work with cities, counties and municipal districts to draft documents related to public bond measures. Regardless, it’s not enough to know the law; you’ve got to know the ledger, too.