Paralegal Specialist
5 days ago
The Paralegal will assist the VP – Legal by assigning accounts to outside counsel, monitoring and reporting on the status, and strategizing and managing the process to maximize recoveries.
Duties and Responsibilities- Prepare packages for placement with outside counsel, ensuring all necessary documents are included.
- Manage outside attorneys' progress and strategy for maximizing recoveries, providing regular updates to the VP – Legal.
- Research and analyze statutes, regulations, legal articles, judicial decisions, and other legal sources to stay up-to-date on industry developments.
- Provide reporting for status on accounts, including any issues or concerns that may impact recoveries.
- Communicate with customers to negotiate workouts and settlements, ensuring all parties are aware of the process and timeline.
- Respond to subpoenas and other legal documents in a timely and professional manner.
- Excellent verbal and written communication skills, with the ability to effectively communicate with both internal and external stakeholders.
- Strong understanding of legal language and principles, research methods, court pleadings and processes, and other related matters.
- Excellent interpersonal and customer service skills, with the ability to build strong relationships with customers and colleagues.
- Strong organizational skills and attention to detail, with the ability to manage multiple tasks and priorities in a fast-paced environment.
- Ability to work well under pressure and meet deadlines, with a strong focus on delivering high-quality results.
- Proficient with Microsoft Office Suite or related software, with the ability to learn new systems and technologies quickly.
- Bachelor's degree in Paralegal Studies or related field preferred, with a paralegal certificate or equivalent experience.
- Some related commercial lending and bankruptcy knowledge preferred, with a strong understanding of industry developments and trends.
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