Paralegal Salary Facts
Paralegal Salary Facts
Paralegal careers are very popular due to the interesting work and potential salary of employees. The median paralegal salary stands at about $45,000 but there is plenty of scope and opportunity to drastically increase your salary through further study, increased experience and smart job searching.
There is always a large variation in salaries between legal firms. Large firms will generally pay a paralegal more than very small firms. Government agencies also offer excellent salary opportunities for paralegals with higher earnings and more benefits. Most of the time paralegals are paid by attorneys based on the quality and also the quantity of work delivered.
Sometimes law firms favor specific qualifications in their paralegals and as such if you meet these requirements you will be entitled to a larger salary and benefits. Paralegals often receive bonuses. The average bonus per year is around $3,400. The average salary of a paralegalis said to increase by around $1700 per year but this number may fluctuate depending upon economic conditions.
Paralegals are known to work exceptionally long hours. Depending upon the terms of your contract, you may be eligible for over-time as a paralegal. As mentioned, bonuses are also paid as a reward for their dedication.
