A corporate paralegal is a trained legal professional who assists a company's legal department with all their legal needs. He/she specializes in corporate law and performs a supportive role to the legal team. They basically help the lawyers to research, gather and prepare information and materials pertaining to different cases or hearings.
A corporate paralegal works very closely with the in-house legal team and professionals in other departments. He/she can decide to specialize in a particular area such as corporate governance, intellectual property, real estate, mergers, and acquisitions, or even regulatory compliance.
A successful corporate paralegal should have relevant legal experience and technical skills, proficiency in computer applications, verbal and written communication skills, analytical skills, and attention to detail. Corporate paralegals have a regular work schedule. They work 40 hours a week Monday to Friday from 9 to 5. From time to time, they may be required to work extra hours in case of tight deadlines.
There is more than meets the eye when it comes to being a corporate paralegal. For example, did you know that they make an average of $30.52 an hour? That's $63,485 a year!
Between 2018 and 2028, the career is expected to grow 12% and produce 39,000 job opportunities across the U.S.
There are certain skills that many corporate paralegals have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed communication skills, computer skills and interpersonal skills.
When it comes to the most important skills required to be a corporate paralegal, we found that a lot of resumes listed 12.2% of corporate paralegals included legal advice, while 6.2% of resumes included legal department, and 6.2% of resumes included governance. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the corporate paralegal job title. But what industry to start with? Most corporate paralegals actually find jobs in the professional and finance industries.
If you're interested in becoming a corporate paralegal, one of the first things to consider is how much education you need. We've determined that 36.0% of corporate paralegals have a bachelor's degree. In terms of higher education levels, we found that 14.9% of corporate paralegals have master's degrees. Even though most corporate paralegals have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a corporate paralegal. When we researched the most common majors for a corporate paralegal, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on corporate paralegal resumes include doctoral degree degrees or associate degree degrees.
You may find that experience in other jobs will help you become a corporate paralegal. In fact, many corporate paralegal jobs require experience in a role such as paralegal. Meanwhile, many corporate paralegals also have previous career experience in roles such as legal assistant or litigation paralegal.