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How Much Does a Paralegal Earn a Year?


By Lanee’ Blunt

Paralegals perform a variety
of tasks to assist attorneys--
Image by Oki975.
Paralegals work in law firms, corporations, and government agencies. In smaller firms a paralegal may have to prepare written reports that help lawyers determine how to handle their cases, and may help prepare the legal arguments and draft documents to be filed with the court. In larger firms they may work only on a particular phase of the case, for example maintain reference files, conduct research for lawyers, and collect and organize evidence for hearings.

Education
Training includes degree programs and certification. Classes may be taken at colleges, community colleges, and online.  The degree programs include associate and bachelor degrees in paralegal studies, and a 4-year bachelor's degree program with paralegal as the major course of study.  There are community colleges that offer 2-year associate degree programs. Some schools offer job placement so check with your admissions if they offer this service.

Average Paralegal Salaries

According to the United States Bureau of Labor Statistics, the average wage was $46,680 for a paralegal.  The lowest earned less than $29,460 and the top earned more than $74,870. Starting salaries for paralegals with 1 to 4 years’ experience may range from $26,454 to $50,589, according to PayScale.com. The hourly rate for 1 to 4 years’ experience is $10.13 to $20.80.

Most paralegals that work in large law firms earn more than working in smaller firms. Paralegals that work for the US Government earn the highest wages; the second is working for private business or law firms, and followed by insurance companies and legal services.

Benefits
The benefits that they receive are health insurance, 401k, dental and life insurance, disability, reimbursement for continued legal education, a 401(k) savings, vacation, paid sick leave, and personal time off. There may be long hours and overtime when the law firm is busy handling a big case.


Reference

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