A Look at Salary of a Paralegal
April 27, 2010 by admin
Filed under Jobs and Careers
Working as a paralegal is an excellent option for people who wish to work in the field of law but currently do not possess the high fees required for enrolling in law school
Paralegals are vital to the smooth running of most of the major law firms and companies located around the country. With a paralegal by his side, attorneys are able to achieve more and attend to clients more effectively. It is hardly uncommon to find a paralegal in any law firm you visit. Their knowledge and understanding of legal matters and litigation allows them to address many issues which you ordinarily would expect a lawyer to understand.
As well as law firms, paralegals can also be found working for government agencies, major corporations as well as large NGOs. They attend to many of the company’s related public enquiries as managing and handling various legal paperwork as the need arises.
A large number of the paralegals working in the country have some form of college degree or certification.Statistics show that as much as 10% of paralegals possess a masters degree. 50% possess a bachelor’s degree whilst the final 40% are found with an associate degree. An associate degree is widely considered and advised to be the minimum educational requirement-as urged by the National Federation of paralegal association. Alongside the required educational requirement, additional certification from a recognized paralegal board is also valued.
The salaries earned by paralegals are affected by a number of factors. Beginners for instance are likely to starting salary of $30,000. However, this figure can quickly rise to $70,000 as a paralegal proves himself effective and resourceful in his legal contributions. These salaries exclude life and health packages to which they are also entitled to.
Unsurprisingly, there is no fixed law on how a paralegal can expect to earn. Eventual salaries might turn out being higher lower. The salary earned by a paralegal will be affected by important factors such as his educational qualification. The experience of a paralegal will also be included in how much he eventually earns. Lastly, the firm in which a paralegal chooses to work will play a deciding role in his income. Larger firms and companies are found to offer higher salary figures whilst government bodies have a slightly lower salary average.
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