Paralegal

Prospect Capital

Founded in 1988, Prospect Capital is an alternative asset management firm with $11.5B of assets under management, including permanent capital. Prospect pursues multiple strategies in the US, including direct lending, private equity, real estate private equity, and structured credit. Prospect has a long-term, value-oriented approach that employs fundamental bottoms-up research to identify investments that offer attractive risk and reward.

With offices in New York City, the firm is comprised of 150 experienced professionals who value entrepreneurship, intellectual rigor, hard work, and continuous improvement.

The Position

Legal Research & Case Support

• Be on the “front lines” of litigations and arbitrations managed by experienced in-house litigation counsel—comparable to, and often more significant than at, law firms.
• Conduct legal research and assist in drafting legal opinions, memoranda, and related documents.
• Support litigation counsel in managing case files, preparing trial materials, and organizing discovery.
• Perform fact-checking, document review, and background investigations in connection with legal proceedings.

Contract & Document Management

• Review, edit, and maintain various contracts and legal documents.
• Assist in updating compliance policies, procedures, and internal regulatory documents.
• Organize and manage corporate governance materials and legal records for Prospect Capital and its controlled subsidiaries.

Administrative & Operational Support

• Prepare, track, and process legal invoices and billing matters.
• Manage legal team calendars, deadlines, and task workflows.
• Attend legal-related meetings and external proceedings alongside attorneys, providing support as needed.
• Schedule meetings, handle confidential information, and maintain organized digital and physical legal files.

Desired Skills and Experience

• Bachelor's degree from a leading college or university.
• Proven experience in a legal environment, preferably with exposure to commercial litigation.
• Proficient in conducting legal research and in using various resources such as legal databases and online tools.
• Proactive mindset, with the ability to work independently and contribute to a collaborative team environment.
• Strong understanding of legal terminology, procedures, and concepts.
• Ability to manage multiple tasks and prioritize effectively.
• Excellent analytical and communication skills. 
• Be able to produce high-quality work in a deadline-driven environment. 
• Attention to detail and a high level of accuracy in document review and preparation.

The anticipated annual base salary range for this position is $75,000 - $110,000 plus an annual discretionary performance-based bonus. Actual pay may be adjusted based on experience and performance. 

In addition to the base salary, the hired professional is eligible for comprehensive benefits, including 100% employer-paid premiums for medical, dental, vision insurance, life insurance, and AD&D. You'll also have access to pretax benefit accounts, including FSA, HSA, and Commuter accounts. Our perks go beyond the basics with a mentorship program, daily in-office paid breakfast and lunch, company-sponsored ski and sailing trips, and regular happy hours. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.