Paralegal jobs in United Kingdom
A paralegal will often sit with a lawyer in meetings or in Court to take notes or otherwise assist a lawyer in their day-to-day duties. Most paralegals have either undertaken a law degree or are working towards finishing one. You can think of them as apprentice lawyers. When lawyers start their professional journey, they often enter the market either by becoming a paralegal, a legal assistant or an intern.
Paralegals are unregulated in most jurisdictions, meaning they don't need a licence to assist the lawyer they work with: as long as there is a lawyer there to supervise their work and have final sign off on any work they produce.
What Is a Paralegal Job?
A paralegal job within financial services is all about providing support to the in-house legal team on different legal matters. The position’s usual key duties include undertaking legal drafting, perusing documents and legal research, liaising with a firm’s other internal teams (whether that is front office, operations, compliance, etc.), assisting with the review, drafting and negotiation of certain trading agreements, coordinating the execution of specific documents as well as maintaining document management systems and databases. Paralegals will also usually be asked to assist with other legal projects as required by the most senior legal member of the team.
The Key Required Skills For a Paralegal Job in London
Good paralegals need to present numerous soft skills in order to perform well at their job. Most companies looking for in-house Paralegals will want candidates to have the following skills:
Excellent communication and organisational skills
Strong academics, degree educated
Able to work on their own, independently, and as part of a wider team
Ability to prioritise tasks for execution
Ability to exercise judgment
Ability to manage a generous workload
Strong attention to detail
How to find Paralegal jobs in London?
If you are interested in an in-house legal career and want to kickstart your journey as a Paralegal, there are different routes you can take to get there. In London more specifically, if you are looking to find an in-house Paralegal role for a financial services firm, you may want to consider two distinct avenues: doing a lot of research and applying directly or getting in touch with a specialist Paralegal recruitment agency such as Rutherford.
This is the route which will require the most work on your part. You should start by asking yourself what are the companies you would like to work for. Are there any firms on your wishlist? Which businesses have values aligned to yours - and career paths that you find enticing?
After creating a list of your dream firms to work for, you can start looking at each of their websites - and more specifically at their career hubs. If there are no available Paralegal jobs advertised, put reminders in your diary so that you keep an eye out frequently. Some company websites allow you to set up job alerts: if that is the case, ensure you activate the option and select entry level in-house Paralegal jobs in London.
If one of the firms has an open Paralegal job on their website, make sure you are presenting yourself in the best way possible. The Consultants at our paralegal recruitment agency have created an article to help you prepare a strong CV in the legal space.
Reaching out to a Paralegal recruitment agencies in London
There are a large number of paralegal recruitment agencies in London, which all specialise in specific niches. For example, here at Rutherford we focus on placing legal talent within financial services. Our typical clients will therefore range from asset managers, to hedge funds, to private equity, to crypto currency companies and fintechs.
If you are thinking about finding a graduate paralegal job in London, peruse the internet to find paralegal recruitment agencies that focus in the industries you are interested in. Look at the jobs they advertise and identify the Consultants who are overseeing them: you should reach out to them directly on LinkedIn and by email to indicate your interest in finding an in-house Paralegal job in London. If you have a strong CV and the right skills, they will contact you on a regular basis to present you with their latest entry level Paralegal jobs.
The United Kingdom is the amalgam of Great Britain (which comprises England, Wales and Scotland) and the northern portion of Ireland. Its capital, London, is known as Europe's financial hub, and one of the world's most cosmopolitan cities. The United Kingdom is also known for other major cities, like Birmingham, Liverpool, Manchester, Belfast, Edinburgh, Glasgow and Cardiff.
The UK has made significant contributions to the world, most of them being cultural. Literature, theatre, musicals, film, television, music - many big names in these fields are from the United Kingdom.
Financial Services Sector in the UK
The United Kingdom - and more specifically, its capital London - has always been considered a world financial hub. Its financial services sector is quite massive: in 2018, it contributed £132 billion to the overall UK economy. It is known to be London's largest sector, with 1.1. million jobs in 2018. The city is also known for its huge amount of foreign banks: in the beginning of the 20th century, London had more foreign banks that any other city in the world.
Traveling and getting around the UK is easy for anyone, thanks to its extensive and efficient public transport system, which allows you to go anywhere in the blink of an eye. Because the country is relatively small, journey times are always reasonable: for example, getting from London to Edinburgh is a 4-hour journey if you decide to take the train.
In major cities like London or Manchester, you will also find an extensive public transport system, which includes bus, tube, train, boats, and other alternatives. Getting from one point to another is extremely easy, especially if you have a traveling application like Citymapper or Google Maps on your phone to help you find the fastest - or cheapest! - journey.
8 days ago
Paralegal (Qualification Potential)
Our ClientOur client, a global and well-established hedge fund, is looking for a Paralegal to sit within the firm's in-house legal func...
12 days ago
Our clientOur client, a private investment and advisory firm with c.$5 billion AUM, are seeking a Legal Counsel to join their London o...
25 days ago
Head of Legal
Our ClientOur client, a leading venture capital firm within the Web3 space, is currently looking to hire a Head of Legal in London. The ...
about 1 month ago
Our ClientRutherford has been mandated on an excellent opportunity for a Funds Lawyer to join a market-leading private equity fund based...