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The average person thinks of "blue sky" and pictures a clear spring day, the type that would be perfect for a picnic. To a corporate paralegal, however, the term "blue sky" could make one cringe and run for cover, and it’s not because we hate cloudless, sunshiny days. Blue sky takes on a whole new meaning for paralegals whose job it is to research the state securities law filing requirements for each of the 50 states, all in connection with the filing of a single offering of securities by a corporation, partnership or limited liability company.

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