One unique aspect of working at ClearyX as an analyst is the Company’s encouragement to develop and refine “side projects”, based on our individual interests and expertise. In addition to our core transactional duties, each analyst is given the chance to spearhead these projects, which we refer to as “innovation projects”. These projects vary from enhancing operational workflows to developing automated tools. Analysts are empowered to leverage their unique skill sets, interests and backgrounds to design and develop their innovation projects. These projects exemplify ClearyX’s goal of transforming the delivery of legal services through innovation.
Leveraging my past experience working at a hedge fund, my innovation project involved building an automation tool for the bulk filing of Form 13G using purpose-designed legal technology platforms. Filing Form 13G is a regulatory requirement with the U.S. Securities and Exchange Commission (“SEC”) to report a party’s ownership of stock that exceeds 5% of a company’s total outstanding issued stock. Each relevant must file a Form 13G with the SEC within a short period of time. This filing obligation, along with the short turnaround time, creates an administrative burden for entities that trade frequently, including financial institutions and investment funds. The creation of this tool was meant to address some of these concerns.
At ClearyX, we have access to both a robust suite of technology platforms and an experienced tech team with the necessary know-how. Through collaboration, we can use existing technology platforms to create custom solutions. In addition to developing practical tools, being involved in innovation projects provides opportunities for analysts to hone their skills in project management, product development, and marketing. As I navigated through the stages of design, development, and testing, I not only improved my technical skills but also developed a deeper understanding of how these tools can enhance our legal processes at ClearyX, benefitting our clients and stakeholders.
Our team of analysts have varied legal backgrounds and each of us leverage our unique skill set in our innovation projects. My past experience at a hedge fund set me up for success in my innovation project. Furthermore, the team’s collective experience, including litigation, anti-trust law, M&A, and employment law experience is vital to tackling new projects and providing insight to stakeholders. Together, we bring a comprehensive understanding of the legal landscape, allowing us to tackle complex challenges and devise innovative solutions that drive success for our clients.
ClearyX fosters a collaborative environment where analysts, project managers, and tech experts work together in unison. This synergy accelerates project development and enriches the learning experience for all involved. Innovation projects create a unique opportunity for analysts to make a tangible impact within the organization and introduce meaningful improvements that benefit our clients and stakeholders. The culture of innovation at ClearyX underscores our commitment to excellence and continual improvement in the field of legal services.