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Send Electronic signature Form Fast. Explore one of the most user-friendly experience with airSlate SignNow. Control your entire document finalizing and sharing method electronically. Move from handheld, pieces of paper-dependent and erroneous workflows to programmed, digital and flawless. It is possible to create, supply and indication any papers on any product anyplace. Make sure that your essential company cases don't slip overboard.
Find out how to Send Electronic signature Form Fast. Follow the simple manual to start:
- Create your airSlate SignNow bank account in click throughs or log on with the Facebook or Google bank account.
- Benefit from the 30-time free trial offer or select a rates plan that's ideal for you.
- Locate any legitimate web template, build on the web fillable varieties and talk about them securely.
- Use superior features to Send Electronic signature Form Fast.
- Indication, individualize putting your signature on get and collect in-person signatures 10 times quicker.
- Established auto reminders and get notifications at every phase.
Moving your tasks into airSlate SignNow is simple. What comes after is a simple approach to Send Electronic signature Form Fast, in addition to recommendations to maintain your colleagues and lovers for greater cooperation. Encourage your staff together with the very best equipment to keep along with business functions. Improve output and size your company speedier.
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FAQs
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Why should I use e-signatures?
One, e-signatures are accepted as a legal signature; andtwo, e-signatures are easier to use and send than printing the form - or part of a form - then signing it - then scanning it - then sending it as an email attachment.
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Is fax becoming obsolete?
Is fax becoming obsolete? Yes. Is it considered obsolete? Probably by most people. Is it obsolete? Not completely so for all purposes. While the number of faxes most businesses receive or send would now be in single figures in any given month, you will sometimes, for example, find a contract which provides for notices to be given by letter, delivery or fax - but not provide for electronic delivery. If you want to deliver the notice instantly and the recipient isn’t in the same town, fax is the obvious choice for delivering your notice.A favourite story - in late 1984, at the end of my first year of work, I bumped into a former university colleague who said she was working on a legal case overseas. To my comment that that would pose various logistical issues she said they had this new machine which was like a photocopier attached to a phone line - you put a document on the copier at this end and a copy of it came out at the end. I replied that that sounded great, but surely it would never catch on as that would require everyone to have one of these machines. It took about 2 more years before businesses got far more faxes than they did hard copy letters. Moral of the story - don’t ask me about new technology!
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Are you aware that electronic signatures are very trustworthy?
Building trust with technology isn’t quite as easy as falling backward into someone’s arms. Unless you have a technical background, cybersecurity can be difficult to grasp.Most people are comfortable with ink signatures, but it’s a common misconception that just because a document has been signed with ink, it’s safe, secure and valid. In fact, without physically meeting and talking with the signer.For example, if you’ve never seen the signer’s signature before, how do you know it is actually their signature? If you know what the signature is supposed to look like, how do you know the one in front of you wasn't forged? And if the signature is on the last page of a multi-page document, how do you know that something in the preceding pages was not altered after the document was signed?The reality of e-signatures – especially independent e-signatures, in which the evidence of their validity is embedded in the signed document – is that they are more trustworthy than traditional ink signatures.Offer Transparency and ControlIn the same way, building trust means providing all the facts. If signers have access to the entire signing process from a comprehensive audit trail, they’re able to keep close watch over their transaction and its process from identity authentication to opening and reviewing documents to signing.Use Trusted TechnologyPeople trust those who are trustworthy. Companies that use e-signature technology that goes above and beyond security requirements will naturally win over the trust.Educate DownstreamNo matter how many thousands of dollars e-signatures will save your company, for an e-signature solution to be successful at every level, you must educate everyone involved in the importance your e-signature provider places on security and independence.
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What industries must use electronic signature software?
Any industry involving a large amount of paperwork make use electronic signatures. In other words, all industries make use of electronic signatures because all of them have piles of paperwork to handle. Some examples of such industries include financial, life science, healthcare and pharmaceutical industries.Industries such as the pharmaceutical industry, have a number of licenses and other paperwork that they have to handle and keep track of. It can be a tedious task to perform such cumbersome paper processes. Therefore, e-signatures can facilitate an organisation in keeping a track of all this paperwork, by signing electronically.Healthcare industries usually involve time-sensitive documents, which need to be urgently completed. But, it can take days in case of the traditional wet ink paper signatures for the documents to signNow the signer and back, if the parties are geographically scattered. But with electronic signatures, that is not the case. Geographical barriers do not play a role. Documents which earlier needed days to be completed, can now be signed and sent back within minutes, in the click of a button. Furthermore, it takes a long time to bring assets under management. The time taken by the signing process, if wet ink paper signatures are used, may even further delay the process. But by using electronic signatures, the whole process can speed up.Apart from these, there are many paper prone industries which require huge amount of paperwork and with the use of electronic signatures they can make their everyday processes smoother and more efficient.
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What is the future use of a digital signature?
The present time is all about getting things online because of which gradually many conventional methods are being replaced by modern techniques. One of such traditional method of getting signatures on a document has transformed from pen and paper to digital signatures. It is due to ease of use, data security and validation from many government regularities.“An Insight Into Digital Signatures & Its Future In The Industry”Definition of a signature by oxford dictionary is: “A person’s name written in a distinctive way as a form of identification in authorizing a cheque or document or concluding a letter.”Modern day technique of signing documents online has taken the digital space to new heights. Secure electronic signature have proved to be the safest and tampered proof method of handling documents through the signature process. Many countries have permitted this process by issuing governing acts and legislation that defines digital signature constitutes.So How Do they Work?Basically electronic signature or precisely digital signature is based onto cryptography technology. In this the user is provided with two keys one private and the other public. While sending a document you will use your private key for signing it digitally and the recipient will authenticate the document using its public key.Here’s how it functions:The document is uploaded and sent out for acquiring digital signatureA cryptographic hash will be generated with the private key of the sender and then attached to the document.The recipient entity will receive the encrypted document along with the public key certificate of the senderUsing the public key the recipient will decrypt the hash and then from their end generate a cryptographic hashIf both the hash values matches it ensures the authenticity of the documentRelying Onto Secure Electronic SignatureThe future of digital signature is very promising as gradually the traditional signature method is becoming obsolete. Many service provider of digital signature has started offering free esign services to its users in order to capture more business. So get onto this super fast and less time consuming means of digital signature without compromising on the security for your business. Because- “the future is here”!!!
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How can one be a successful luxury real estate agent?
Ah yes.The lifestyle of the rich and famous. Fast cars. Fancy outfits.Little stone statues at the front of the entryway. The allure is undeniable.And for real estate agents, the chance to eat a slice of the luxury pie is an alluring prospect indeed. ...Especially if that slice comes in the form of a 3% commission off of a multi-million dollar listing. But how does a realtor establish themselves as a luxury agent in the first place?Well, it’s not easy. You can obtain a GREL Certification, for starters.This will walk you down the path of becoming a legitimate, certified luxury real estate agent. But regardless, one thing is certain,To deal with luxury real estate, an agent needs to buckle down.Here are a five powerful tips that could fast track your goals to becoming a Luxury real estate agent.#1 YOU NEED TO KNOW WHAT YOU ARE DOINGBefore you even think of moving forward, ask yourself… do I know what I’m doing? There are many newbie real estate agents that jump from taking the test to becoming a luxury real estate agent.Unless you already have the background and experience in real estate, I strongly suggest you get some experience under your belt. That experience could help you avoid lawsuits and save you money.Simply taking 6 months to learn the ropes at a local real estate brokerage, while shadowing another successful luxury real estate agent, could be the difference in your failure or success. That extra experience will help you feel more confident when taking on a luxury listing and the mentor will help you develop the skills needed to be the greatest in your field.#2 YOU NEED TO LOOK THE PARTNormally we encourage real estate agents to relax and be themselves. Your clients will love you and appreciate your authenticity.Are you the laid back but trusted Realtor who wears jeans and flip flops every day? Show that in your marketing. Are you the young and modern Realtor with a focus on minimalism and technology? Show that in your marketing. I encourage agents to use their personality to market their businesses.However, when you are transitioning to luxury real estate, you need to figure out a way to make sure that your marketing and your style represents the luxury industry. Luxury real estate is a visual niche. The house, the car, the owners, the buyers and the agent all look the part.How to look like a luxury real estate agent? Here are some tipsPay for luxury branding – Make sure everything, from your website and business cards to your signs and advertising, is designed and printed to represent your luxury clientele.Dress to impress – Make sure your clothing is clean, pressed and tailored. First impressions go a long way when trying to win a listing. Just starting out? Purchase one or two neutral suits and multiple dress shirts/blouses. Keep them dry cleaned and wear those when meeting new clients or networking. The suits will be so neutral many won’t recognize you’ve worn it before. Switch up the blouses and/or dress shirts and you’ll always look professional and put together.Drive a nice car – It may sound vain, but in the luxury industry it is a necessity to make sure your car is nice, especially if you are driving luxury buyers around to look at homes. Your car should not only look nice but it should be clean and smell good as well. If you can't afford a luxury car, try Uber, a peer to peer taxi service, allows you to taxi luxury cars. Using Uber, you can sit in the back with your clients and they will get that luxury experience while going on walkthroughs.The only thing to look out for when using any taxi service is timing. This is why I don’t suggest using a taxi service when meeting with a seller unless you are paying them to wait for you outside. After presenting an amazing listing presentation you don’t want to be chilling around at a client’s house waiting for your ride.#3 YOU NEED TO UTILIZE THE LATEST IN REAL ESTATE TECHNOLOGYIf you want a luxury buyer to hire you as their agent or if you want to win a luxury listing, you need to show clients that you can provide them with the latest in real estate marketing and technology. Make sure you understand how to utilize the latest technology to find and market homes and that you can effectively combine that knowledge with traditional techniques.Remember, just having flashy tools isn’t enough. You need to know how to use them effectively to increase the client’s ROI.Technology Used by Luxury Real Estate AgentsElectronic signature softwareShowing feedback softwareInteractive yard signsBeautifully designed websites with powerful home search enginesActive social media and blogsCloud document storageVirtual phone numbersThe latest gadgets (Touch screen laptops, tablets, smartphones, etc.)#4 YOU NEED A LISTING PRESENTATION THAT WOWSTo win a luxury listing, you need to do more than click through a generic PowerPoint and pass out faded flyers and postcard examples. Instead – tweak your presentation to the property. Imagine the impression you’ll make when the seller sees a postcard with their house on it? And marketing that caters to their neighborhood and their current needs?Making those extra steps to personalize your listing presentation is worth the investment.Here are some key points to help you out.Pay for luxury branding – Make sure your listing presentation, listing package and examples are all professionally designed and printed to represent your luxury brand.Memorize your presentation – Although no two listing presentations will ever be the same, knowing the foundation of your presentation will be valuable. It will allow you to quickly and easily skip sections, answer questions without getting off-track and help you sound professional and knowledgeable about marketing real estate.Encourage participation – Get the sellers involved by allowing them to pretend to be buyers. Show them what happens when they text the number on the yard sign. Take them on a walk-through of their listings from your point of view. Luxury sellers are constantly being “sold” to. To get an edge, show them exactly why they should hire you. Actions speak louder than words.#5 YOU NEED TO SUPERCHARGE YOUR FOLLOW UPPotential clients searching for or selling traditional homes need basic follow-up strategies to convert them into clients. Those strategies include using the information collected in your CRM to send them email marketing, postcards and the occasional phone call.In retrospect, potential clients searching for or selling luxury homes need traditional follow-up combined with action to convert them into clients. Just sending a card that says happy birthday isn’t enough. For wealthy clients, sending gifts on birthdays and invitations to exclusive events in the area are key to establishing a healthy lead flow. Here are few tipsRemember the details – When you run into a potential luxury client, whether by chance or by a scheduled meeting, take notes and/or memorize the small details of their life. These small details include spouses, children, hobbies, vacation spots, etc. Make sure you put these things into your CRM and use these details to come up with innovative follow-up techniques.Use partner resources – Developing a lead funnel for luxury clients can be costly. This is why it is imperative to have partners that can provide discounts and resources to luxury amenities.The decision to buy and/or sell a luxury home isn’t an easy one. The real estate sales and lead cycle is already a long one – add in the luxury component and the lead cycle can be even longer. Don’t be discouraged if a potential client hasn’t responded after following up with them for longer than 3 months. Many times, they are busy, on vacation, or dealing with business. Unless they say “remove me from your list” keep marketing. You’ll be in the front of their minds when they are ready to hire a real estate professional.
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What is the best alternative to SignNow?
In a world of mobile app and the internet, why are you still collecting signatures on paper? Chasing people for signatures is slow and paper can get lost. SignNow lets you collect signatures and forms quickly and easily from any device. Use of esign app for electronic signatures is 100% safe and legal.There are 2 best alternatives to SignNow -eSignly - eSignly is an electronic signature solution that makes signing simple and fast. You only need to follow 3 steps and you are done -Choose DocumentAdd the name of all the people involved.Drag your signature and drop it where you need and click send.Features provided by eSingly are -In-person signing - Use an electronic signature app on your iPad to take the signatures.Security - All the electronic documents are protected by SSL encryption.Status Notifications - are sent when the document is reviewed.Audit Trail - Record of each party like name, address, IP address is maintained according to the date and time of the activity occurred.Instant verification is done by eSingly to validate the document.It supports all the devices such as Android, MAC, Windows, Linux, Mobile app, windows phone, etc.It works with applications like Dropbox, OneDrive, EverNote, Google Drive, etc.signNow - signNow Basic is the e-signature solution that allows you to easily sign a full range of documents and forms online without installation of any software. it also provides the digital signature app.Key Features of signNow are -It is secure and completely reliable.It offers 24/7 document control.To brand your user’s experience you can add your logo and color palette.Offers services to small, medium and large size enterprises.It also provides the mobile Signature feature.
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What is the best cap table template available online for startups with different types of shares, bonus pools, multiple rounds,
A few years ago I made one, which is still the most comprehensive free one available: Ultimate startup cap table and return analysis templateI’ve just made a new pro version you can get here: Professional cap table template. Full blown tracking and analysis tool -This week, I just updated the free cap table. I mean total version upgrade.Here is the overviewHere is a walk through videoYou can get it for free here:Ultimate startup cap table and return analysis templateHow the model worksThere is so much under the hood, that I can’t reasonably cover it all.The format page sets out the assumptions for drop-down menus. It also is used to explain what the assumptions mean. You shouldn’t change anything on this sheet.There is a shareholder schedule to keep an overview of all shareholders. This acts as a dropdown menu for the other sheets so that the ‘shareholder name’ will appear in each and every other sheet..First, input all the shareholders on this sheet and add any key details. You can use this as an aide memoire to ensure that you add in shareholder details into each sheet properly. I make sure I do this when testing the sheet and ensuring I input everything properly.All the calculations for calculating deal pricing are kept on one sheet. You can see all the assumptions that are fed in explicitly stated.I originally had these on other sheets, but found it was easier to have a nice consistent overview of all your transactions. If anything doesn’t look right, it’s easy to see.We also have some checks on the page so you can see that things add up. If you look closely you will see a ‘-1’ in some of the checks- what the heck is that? Don’t worry, in transactions you don’t have perfect share counts since shares don’t round perfectly. You need to decide how to account for ‘fractionalised shares.’ This isn’t a problem, you just need to decide what you want to do, like give the extra share to a founder.You can also see how pro-rata calculations are done. A cool thing I built in the model is the ability to press a button and automatically pro-rata investors. This is really handy if you want to run some scenarios about what dilution might look like. Normally, that would involve a load of manual inputs, which would take time to do. I’ve tried to make this pretty simple.The calculations continue, giving you a round by round overview or who owns what by class of share on a fully-diluted basis. Everything will add up to 100%.Every sheet, from common to preference series and warrants and options have their own sheet. They are set out nice and clear as follows.All the ledgers present in the cap table sheet have a consistent format. You only need to pick their name from a drop-down list to add new staff/investors.There are cap tables for common (the starting sheet) up to series-I. I made sure that you will be able to cover as many rounds as possible!If you do a series-aa, no worries, it’s just another class of share. The model allows you to have 9 series of preference share, on top of common types. That’s a lot!Holy hell, Batman! 9 classes! That sounds complicated! Dude, you don’t need to touch anything in the future, you can only focus on a seed round if you want. The model allows you to do a whole lot of complicated stuff, but also to be as simple as possible.Just be logical, fill in the boxes (They are yellow!) and you are cool. You don’t need to deal with any crazy stuff like restricted shares if you don’t need to… but if you want to, you can! I did the thinking for you (and it was painful to make this simple!).Here is an example of the series-A cap table. You input the name from the drop down menu and the sheet populates.It’s the same format as the common example above, only you get two more shiny boxes!For the next round you can insert whether an investor has ‘majority investor rights‘ and if they ‘participate‘ for their pro-rata. This basically enables you to ‘auto-pro-rata’ investors, which is handy if you want to forecast scenarios.Here is the series-I sheet. You can see in the last three rows before the summary that the plugs have been used. If you want to run scenarios to see ownership across a range of values, the model lets you easily forecast this! Cool beansNow, you literally don’t have to touch the sheet for running scenarios. You do this from the assumption sheet, but to make it work, I added some dinky little formulas to help.The inputs for all your fundraises are on the assumption sheet. Each round is on one line. To make them graphical, I’ve separated them into two pictures.Don’t freak out. There’s a lot of boxes, I know! But they are there to cover all the assumptions you need.To add a series-a round, you input the pre and post money and the date of closing. If there were convertible notes, then pick the method from the drop-down menu and the model does all the calculations for you. If you don’t have CNs, then they don’t matter!To add an ESOP pool at a post-money level, you just type in the % you want. To add multiple liquidation preferences, you just pop them in the last column.Individual returnsYou can see the return profile of every investor by simply picking their name from a drop-down menu. Once you click the name, the chart and calculation fields all populate. This is a great means by which you can show staff what they own, or might own depending on assumptions.Waterfall returnsTo understand who will get what at an exit, for a range of values, you need to make a returns waterfall (which is no easy feat, trust me! I spent two weeks trying to find a friend in private equity who could do this and nada, till I figured it out… eventually).The model allows you to see what happens if you accelerate options, or even remove unissued options, from the diluted shares.It would take me a blog to explain some of the cool calcs here, but you can decide what happens to options is various scenarios, with the press of a drop down menu.You can see the effect of acceleration and the option you pick.Here you can see some of the calculations at the top of the waterfall. Yeah, this wasn’t fun to figure out!At the end of the model, you can see how much each class of investor owns. this is split out between preference, common and total returns. You can also see the per share ($) returns as well as the multiple of investment returned. This is mapped out by each class of share.Ownership sheetsIn the ESOP sheet, you record the options held by staff. Yes, restricted stock is issued from the ESOP… did I just scare you? A proper cap table is like a double entry ledger, only you probably haven’t seen that before. You can geek out like a lawyer would here. And by the way, it is easy to add in a thousand line items for all you care. I made it easy for you to do so. The simplest things are the hardest to do.Founders and staff, as well as any other common owners of common stock are recorded in the common ledger. Any options which exercised are moved from the ESOP to the common ledger. You deduct them from the ESOP so you know what is left outstanding. you will need to keep increasing the ESOP over time to meet staff demands (and those of investors)Whenever you issue convertible notes, you input the key details in the convertible ledger. All you need to do is input the principal, interest, cap and discount. All the complicated calculations such as the shares issued and the effective discount rate are calculated. You may have read my blog on how to calculate convertible notes under the three scenarios? Here you don’t need to do any math at all, you just pick the flavor you want. Easy.Warrants are not common, but you see them when warranted (I hate myself for making a pun there…). If you happen to have warrants, chuck them in the warrants sheet. Simples.From Series-A to I you have one schedule to input your classes of shares. This is not only powerful but extensible and clean. Cap tables can get really messy, so splitting things up makes things better. I did the thinking for you.If you have convertible holders which convert into S-A, this is the sheet where they would convert. Of course, convertibles are way more complicated that one might think. Actually, most people don’t know that… I’ve made it simple for you for all your principal requirements.At your Series-E you raise $20m from two investors. You add them on two lines with only a few inputs.You want to see what happens if you did a series-H, but manually having to change every sheet is a pain! So each page has a plug linked to the assumption sheet. Easy. You didn’t even need to touch this sheet if you wanted to forecast the dilution effect… of a $160m raise! I wish the best for youSome detailsUnbeknownst to many, there are three manners through which convertible notes convert. In this model, accounting for all this complexity is as easy as clicking in a drop down.If you want investors to take their pro-rata in a deal, that can be a little hard to calculate. In this model it’s again as easy as clicking yes or no. Let’s be honest, you need to do a few calcs, but I made them for you.The model has built-in three vesting schedules to pick from (you can build your own if you do something weird). I’ve built the three most common options (though only two are at all common).Acceleration of options can be an important consideration to your staff. The model allows you to control what happens in a change of control. The returns waterfall lets you override the model assumptions with full and no acceleration… just in case an acquiror wants to screw your terms (which happens).Giving investors pro-rata rights is incredibly simple.To set your ESOP target per round is as easy as adding a percentage. All the calcs are done for you.Yes, you HAVE to have iterative calculations turned on in tools/calculations. I hate putting this in models as it makes it unstable, but given how complicated some calculations are, and to do the heavy lifting for you, there is no way around it. I apologise for trying to make things easy for you! The devil always needs to be paidIt’s easy to change who’s returns you want to see, as it’s all in a drop-down menu. Simply change the name, and the whole sheet will too. Literally, one change of a name and everything will change. Don’t burn me as a witch for the magic
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How healthy is the market for paralegals?
Here on Wall Street, where I have worked for 25 years, paralegal jobs are revolving doors in the most revered, most selective, most prestigious law firms in the world. This white-shoe workplace in the Financial District is sharply divided into two kinds of people: (1) The prestigious "Legal" staff of attorneys, partners and paralegals, and (2) the blue-collar back-room "Administrative" staff of secretaries, word processors and mail room clerks. Paralegals labor at the bottom of the Legal food chain. That makes us eligible for overtime and other basic benefits while enjoying perq's that Administrative staffers only dream of: Overtime dinners shared with the lawyers and partners we work for, our own desk in a private cubicle or, sometimes, a nice office, with our own phone extensions and voicemails, a blackberry, $30 meal allowances (vs a free dinner in the cafeteria), freedom to arrive late and leave early. Our dress codes different, too. And we are included on the champagne toasts at closings with clients and outside counsel. Although electronic signatures have made those champagne toasts virtually obsolete, there are closing dinners and postclosing dinners and Christmas gifts. It's a decent life, and it pays well, and it's very, very hard to get.Paralegals may transfer, on a whim, to out of town or foreign offices that have been springing up across Europe to China and Singapore and Tokyo and more recently down to South America in the heart of Brazil.My colleagues almost always graduate from elite colleges. The firm I work for recruits at Wellesley, Smith, Barnard, Columbia, Princeton, Yale and Harvard. For specialists -- here, that's Real Estate and T&E -- they hire once and the para stays until they retire or marry and move.Basically, there are two kinds of Paralegals. One knows the intricacies of lawsuits. This Paralegal works in Litigation or Bankruptcy, two tough, high-pressure worlds of hot tempers and adrenaline. Rudeness is the norm; backstabbing is alarmingly common. The hours are long and intrusive, the work thankless, the partners more streetwise than their white shoe corporate counterparts. It is not my cup of tea. Perhaps though it is yours. Unlike corporate paras, a litigation paralegal has a career ladder to the title of Case Manager. Case Managers are hard to find, are paid substantially more than plain vanilla paras like me, and are indispensable. There's a strong team spirit. When there's a trial, paralegals are the ones who march down to the courthouse and sit down in the front row; that way, when the lawyers arrive, their seat is waiting. That's necessary when you have a high profile case with a packed courtroom. That part is glamorous. But it's not for me. I prefer the gentle, friendly, amiable atmosphere of the Corporate world. Here, the cream rises to the top. There is no bloodshed, no jumps for the jugular. They shake hands. They toast to a mutually agreeable deal. It is a different planet.If you're contemplating one of the better Paralegal Certificate courses (the Paralegal program at NYU was big around here, but it has been closed down), you will arrive at work with a keen understanding of complex forms and filings. Bankruptcy/Litigation Paralegals know how to negotiate the highly specialized paperwork of pre-trials and depositions. They know details; they can set priorities; they're familiar with the vocabulary. It takes years to learn this stuff on the job. Because new Litigation lawyers don't learn it in law school, they totally depend on their Paralegals to get it right. There is no second chance in this world. Get it wrong, and you're somebody's lunch. The other kind of Paralegal -- me -- usually graduates with an Ivy League or Seven Sisters degree. They are terrific at things like proofreading and organization. Corporate, Banking, and Finance Paralegals have to be detail oriented and careful by nature. They have to be able to work nonstop when needed. That's right up my alley. In fact, that's how I got hired here,Traditionally, Wall Street Paralegals have worked here as a stopover between college and grad school. Was Wall Street for them? Would they like to be a lawyer? It was not unusual for their families to be members of High Society, engaged in tennis and golf on weekends and here just for the lunch money and to keep Mumsy happy. Even today, children of clients get first pick of openings - as Corporate paralegals, of course, since they wouldn't have a clue what to do with a Litigation request for Bates stamping, but they can break bread with associates and chat about hot vacation spots, cool hotels, fancy food and health clubs. The class-conscious roots of these jobs can cause tension in the workplace. Secretaries who have spent their entire careers catering to the whims of partners, who know their bosses' ATM password and how much is in Tad Junior's trust fund, who book the preferred seat in first class and know how to put headhunters on hold without being asked - these women do not like taking orders from some spoiled pipsqueak in a suit. Likewise, the preppy, pipsqueak Paralegals see THEM as mere hired help, stationed by their phones and desktops, set up to complete assignments in an orderly fashion and speak with spoken to. Part class warfare; part generation gap. But most of these revolving-door Paralegals are off to greener pastures in due time. Maybe half decide The Law is not for them. Next thing you know, they're in cooking school, or finding themselves at Standard & Poor's or Lehman Brothers or even Goldman as entry level analysts, or earning their Master's degree in Archaeology, or joining Glamour Magazine as a junior editor. This is the real world of Paralegals on Wall Street. Want to work here? There's only one way in: Graduate from an Ivy League or Seven Sisters college - or another school in the Top Universities on Forbes or U.S. News & World Report's annual lists. Send your Resume to one of the Manhattan firms in Martindale Hubbell, the Wall Street law firms bible, and address it to the individual in charge of legal recruiting. You'll have several interviews to get in, the last being a round of face time with people you might work for. If they like you, you're hired. Alternately, a crash course at $12,000 a pop with a Certificate will get you into the Litigation or the Bankrtupcy department. If you take a para course, make sure you are at the top of your class and try to intern somewhere that will forge your connections to thriving law firms.Smaller law offices are more intense and there are fewer options. The pay is lower. The benefits budget is smaller.But Wall Street has very deep pockets for its legal staff. Once here, you can make close to $100K your first year clocking overtime. Not bad for a first job.You'll need to be smart, fast, and detail-oriented. Microsoft Word and Excel should be second nature. Expect work crushes the likes of which you have never seen. A closing or a trial prep is a matter of life and death. If you thrive under pressure, without sleep, and know which fork to use at closing dinners at a 5 star Zagat, this is the place for you.You should be aware that a partner's secretary can do just as well or better financially. But they are always going to be second class citizens, and they are stuck with the cafeteria lunch. Most of them bring their own and pocket the $10 overtime reimbursement. They don't get cars home -- free transportation for working after the sun goes down, eating dinner at the office, has been the norm on Wall Street for decades.At some point you may stop and wonder: What have I done with my life? Law school is still a possibility for me.
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