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Due Diligence Paralegal
Career Insights for Paralegal / Legal Assistant
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Based on California data
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What they do
A Paralegal or Legal Assistant assists attorneys and law offices with a variety of tasks ranging from administrative support to legal research and writing. Maintains and organizes files or file databases. Conducts legal or other background research, assists with preparation for trials or hearings, and drafts documents to be filed. Uses software for electronic discovery of materials such as email for a trial. May specialize in a particular area of the law such as corporate or criminal law, family law or real estate law.
$76,708 / year median in California
+8% projected growth
Job Description
Responsibilities:
- Conduct legal due diligence on investment managers and related parties for private equity and venture capital matters, with a primary focus on litigation and regulatory review.
- Examine court filings, dispute records, regulatory examination materials, and related documents to identify concerns that may affect investment decisions.
- Prepare concise, well-organized summaries of findings in the required format so attorneys and stakeholders can quickly assess material issues.
- Distinguish between routine matters and significant legal risks, applying sound judgment to determine when additional analysis or escalation is needed.
- Partner closely with attorneys and investment professionals to support ongoing reviews and provide follow-up on open diligence questions.
- Manage multiple active diligence assignments independently while maintaining strong organization, accuracy, and timely communication.
- Assist with compliance-related legal review connected to investment diligence, particularly in more highly regulated private equity environments.
- Provide secondary support on agreement review, including nondisclosure agreements, when business needs require additional legal assistance.