Corporate Law: Top 4 Reasons Why Your Business Needs to Hire a Paralegal

Originally published by Bob Kraft.

The next time you need to hire a new staff member to join your corporate team, you should instruct your hiring manager or recruiter to be on the lookout for candidates with paralegal experience. Even if you are not specifically looking for someone to fill a position in your legal department, paralegal skills can bolster many areas in your company.

Here are four reasons why hiring a paralegal is a smart corporate move:

They Thrive on Knowledge

Just like attorneys, paralegals enjoy staying up-to-date on the issues that shape and affect their careers. They enjoy reading industry news and following the status of legislative actions and proposed regulations. If you don’t have a legal department or a staff attorney, a paralegal can notify you of important compliance and regulatory issues that may impact your business and your industry. Paralegals are also known to take continuing education courses to add to their resumes. Some may have even gotten their paralegal studies degree online in the first place, which is why they might be more motivated to do so.

Doing So Can Save You Money

If you don’t have in-house counsel, there may come a time when you need to retain a law firm to help you with a legal matter such as when your company is being targeted in a lawsuit. If you have a paralegal in your staff, he or she can assist the retained law firm by preparing materials to build a case. This could bring about substantial savings since the law firm does not have to bill you for sending their own paralegal to gather information, arrange depositions or take statements. In many cases, the retained law firm will enjoy working with a corporate paralegal who knows the ins and outs of the company.

It Can Help You Expand

If you are interested in expanding your business, a paralegal can help you with the required matters related to corporate registration, licensing and other compliance issues that come up when you enter another jurisdiction. A paralegal can also help you explore the possibility of opening a branch office in a different state by letting you know about the legal challenges you may encounter as you pursue expansion.

Paralegals Are Great Communicators

If you are looking for someone who can thoroughly review and proofread your correspondence and corporate documents, you should strongly consider hiring a paralegal. Writing is one of the most important skills that paralegals develop as professionals; these are professionals who draft persuasive pleadings that can move a court to issue a ruling in their favor.

In the end, hiring a new staff member with paralegal skills can be a smart decision that will help protect the corporate standing of your business.

Author Info: Hannah Whittenly is a freelance writer and mother of two from Sacramento, CA. She enjoys kayaking and reading books by the lake. You can find her on Twitter.

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