Paralegal

What is Teamshares?

Teamshares Inc. (Nasdaq: TMS) is a tech-enabled acquirer of high-quality businesses that intends to be a permanent home for the businesses it acquires. Part holding company, part fintech, Teamshares programmatically acquires companies with $0.5 million to $5 million of EBITDA from retiring owners, integrates them with the Teamshares platform, and helps their employees earn company stock. Founded in 2019, Teamshares is on a mission to create $10 billion of new wealth for lower-income Americans through employee ownership—addressing a longstanding gap, as before Teamshares there wasn't an easy way for the small businesses that make up 98% of U.S. firms to become employee-owned.

What You Will Do:

• Assist Teamshares’ legal team with various legal projects and responsibilities.
• Support Teamshares’ obligations as a publicly traded company, including assisting with Section 16 filings (Forms 3, 4, and 5), Exchange Act and Nasdaq compliance matters, D&O questionnaires, insider trading policy administration, equity plan administration, and Board and annual meeting logistics.
• Help manage the closing process in the acquisition of businesses. This includes acquisitions of varying types and legal structures (e.g., stock purchases, asset purchases, and mergers); coordinating and reviewing diligence deliverables such as lien, UCC, and title searches; and drafting and negotiating ancillary transaction documents (e.g., bills of sale, assignment and assumption agreements, secretary’s and officer’s certificates, payoff letters and lien releases, and escrow agreements).
• Iterate on a document management and legal compliance system for each of Teamshares’ network companies, including corporate minute books, organizational charts, and governance records for the parent company and each subsidiary.
• Help implement and maintain the employee ownership program in each Teamshares network company, including equity administration and cap table maintenance.
• Develop thoughtful and innovative strategies to improve the existing acquisition process.
• Collaborate with the product development team and drive continuous discussions of opportunities where software can be leveraged to augment efficiency and scale.
• Support corporate governance matters for Teamshares and its subsidiaries, including preparing and maintaining materials for Board and committee meetings, drafting Board and stockholder/member resolutions and written consents, maintaining and coordinating receipt of good standing certificates, and maintaining minute books and equity records.
• Form new subsidiaries in connection with acquisitions, including drafting and filing certificates of incorporation/formation, bylaws and operating agreements, organizational resolutions, and IRS Form SS-4 applications.
• Support outside counsel and the Legal team on routine litigation and pre-litigation matters affecting Teamshares and its network companies, including responding to wage garnishments and income withholding orders, coordinating compliance with HR/payroll, and tracking litigation deadlines and maintaining litigation files.
• Manage relationships with the registered agent, corporate filing agents, and other outside vendors; maintain the Legal team’s contract repository and compliance calendar (e.g., annual reports, franchise tax filings, and business license renewals); and assist with trademark and other intellectual property docketing.

What You Bring:

• 8+ years of paralegal experience, including M&A transaction experience gained in a law firm setting as well as on the in-house legal team of a publicly traded company.
• A paralegal degree, certificate or similar training is preferred, but not required.
• Self-starter with strong communication and organizational skills.
• Exceptional verbal, written and interpersonal communication capabilities.
• Ability to take initiative and ownership of work streams and work independently.
• Hands-on experience with most of the following:
• Ability to manage and drive an M&A closing process (putting together signature pages, creating closing sets, overseeing closing checklists, etc.)
• Capability forming legal entities (filing formation or incorporation documentation and SS4s, etc.), including in connection with the formation of new subsidiaries for acquired businesses
• Prior experience drafting Board and Shareholder/Member Consents. Equity administration experience is preferred, but not required.
• Experience with routine litigation and pre-litigation matters (e.g., garnishments, income withholding orders, subpoenas, and collections) is a plus.
• Experience supporting the corporate governance and public-company compliance function of a publicly traded company (e.g., SEC/Exchange Act reporting, Section 16 filings, Board and committee support) is a plus.
• Notary public commission is a plus.
• Familiarity with legal technology and contract management tools (e.g., document automation and e-signature platforms) is a plus.

Why You Should Join Us: