Everything You Always Wanted to Know About Paralegal Salary

Paralegal salary depends on a wide range ofexpected to make somewhere around $46,300;
factors. If you are interested in law but do notthis being the median salary in this case. If a
want to be a lawyer, then the paralegalparalegal specializes in trademark law and
profession is for you. There is a broad range ofintellectual property, he will make somewhere
activities that the paralegal might specialize in.around $50,000 and $55,000. Both these are
They have to do work mostly in all the aspectsmedian salaries.
of the legal field. Paralegals can do a lot of thingsIf the paralegal specializes in insurance law, he will
that lawyers do.make around $50,000. Paralegal salary also
You do however need a degree before youincreases with the supervisory and senior
become a paralegal. This includes going for anpositions that a paralegal holds. $59,000 is made
"associate degree in paralegal studies". You canby a senior litigation paralegal while $63,000 is
also enter this field by doing graduation in somemade by a senior corporate paralegal. While a
related field (e.g. - criminal justice) and get certifiedparalegal coordinator earns somewhere around
as a 'paralegal'.$72,000! A paralegal earns a low median salary of
Identificationaround $38,000 when he specializes in
In the beginning of the job, you might have to dogovernment, non-profit corporations and family
a lot of administrative work like filing andlaw.
retrieving documents. Doing photocopies is also aPotential
natural part of the job in the initial days. But thisParalegals thrive in private environments as the
lasts only some years. After this, paralegals go onmoney making possibilities are endless here.
to more important creative work and startPrivate law firms have been seen to employ
working more independently.around 70% of the paralegals. This has been
The median of the starting salary for paralegalsshown in the 2006 survey of Bureau of Labor
rests at $34,700. In five years, this salary canStatistics. The rest of the paralegals have been
rise to as much as $43,600. The benefit ofshown to work in the government and legal
paralegal salary is that their payment is madedepartments of corporate companies.
hourly. This is a good thing because most of theThe Department of Justice employs the
time, paralegals are found working for days evenmaximum number of paralegals in the
nights and they continue till the weekends.government. The Social Security Administration
This is how they receive extra compensation forand the Department of Treasury follow the
working overtime. If you are not afraid to work inDepartment of Justice in the employment of
the initial duration of your career, then earning isparalegals. Title firms, real estate agencies, banks
quite plentiful- around the range of $5000 orand insurance companies are some of the other
more.companies where paralegals find work.
TypesThese are some of the important paralegal salary
Paralegal salary increases with experience andinformation that might be able to provide you
specialty training. It also depends on the kind ofwith some valuable insight on the nature of the
the firm they are working under. If a paralegal isjob.
working under some hospital, he might be