What Is a Transactional Paralegal?
Transactional law focuses on transactions between people or corporations. Specialties in this area of law include bankruptcy, immigration, intellectual property, real estate and securities. A transactional paralegal works in one these areas.
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Bankruptcy
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Bankruptcy paralegals may verify that court filings are in order. A bankruptcy paralegal may attend hearings and meetings; conduct research; draft complaints, applications, motions, reports, notices, schedules and press releases; and verify that court filings are in order.
Immigration
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Immigration paralegals may act as liaisons with government agencies. An immigration paralegal may draft applications, petitions and affidavits; act as a liaison between government agencies and attorneys; coordinate translation of foreign documents; and conduct research.
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Intellectual Property
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An intellectual-property paralegal may research information pertaining to intellectual property rights, procedural matters and case law and unfair competition; draft reports, responses, oppositions, applications, letters and agreements; and maintain docket systems.
Real Estate
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Real estate paralegals may have responsibilities at closings. A real estate paralegal may have acquisition and closing responsibilities. Real estate paralegals also work on tax matters, leases and foreclosures.
Securities
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A securities paralegal may draft agreements, annual reports, applications, certificates, contracts, forms, promissory notes, questionnaires, registrations, renewals, resolutions, statements, summaries, surveys and withdrawals. This type of paralegal may also have a great deal of contact with state and federal regulatory agencies.
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