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Position Summary
The Senior Paralegal, Corporate - Real Estate assists the Real Estate group with all aspects of various commercial transactions from inception to closing and works under attorney supervision on a variety of tasks including the preparation and verification of transactional documents to comply with local regulations. They assist Davis Polk’s Real Estate attorneys with other client-related matters while utilizing the firm’s generative AI tools to improve our attorneys’ workflows.
Essential Duties and Responsibilities
Typical responsibilities include, but are not limited to, the following:
- Participate in all phases of commercial real estate transactions from inception through closing under attorney supervision
- Obtain, review and negotiate title insurance coverage
- Review surveys in conjunction with title commitments
- Review Zoning and PZR Reports and identify issues
- Conduct comprehensive due diligence of corporate, title, mortgage and lease documents
- Identify and obtain deal-specific consents and approvals
- Perform lien searches with detailed review
- Assist with drafting correspondence and ancillary documents, including but not limited to, mortgages, mortgage modifications, releases, assignments, subordination and non-disturbance agreements, UCC financing statements, deeds, affidavits, guaranties, indemnities, corporate certificates, releases and transfer and mortgage tax forms
- Revise, proofread and distribute draft agreements and other transactional documents
- Prepare and coordinate signature packages
- Obtain charter documents and good-standing certificates from the Secretary of State in applicable jurisdictions
- Assist with incorporating entities in various jurisdictions, and prepare drafts of formation and organizational documents
- Order and evaluate flood hazard determinations
- Assist attorneys with pre-closing, closing and post-closing matters, including preparation and distribution of closing sets
- Conduct factual research assignments and draft memoranda
- Assist with training junior Real Estate Paralegals, provide guidance and training to interns
- Notarize documents and coordinate apostilles
Qualifications/Position Requirements
- Ability to manage a varied workload and meet deadlines
- Must be punctual and reliable
- Proficiency in MS Word, Excel, PowerPoint, Outlook, Slack and other applications as needed, experience with prompt engineering a plus.
- Strong interpersonal skills
- Must be able to work collaboratively with lawyers and staff, demonstrating strong teamwork and a positive attitude
- Excellent written and verbal communication skills
- Ability to proofread typed material for typographical, spelling and grammatical errors
- Strong organizational skills and attention to detail
- Ensure confidentiality of all the Firm’s and clients’ documentation and information
Education and/or Experience
- Bachelor’s degree with a strong academic record is required
- Minimum five years’ related experience preferred
Compensation
The expected base salary for this position ranges from $120,000 - $140,000. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, anticipated assignment and, where applicable, licensure or certifications obtained. Market and organizational factors are also considered. Davis Polk offers a competitive salary and comprehensive benefits package.
