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Average Salary Of Paralegal: A Lucrative Earning

by SammyYun

In 2010, national average salary for paralegals is from $35,436 to $53,272. The average bonus is from $684 to, $2,605 and profit sharing is from $1,029 to $3,929. The demand for legal services increases over the last decade as general public grow more legal conscious.

Many middle sized law firms and most government agencies not only give employees overtime pay and basic benefits like sick leave, vacation, health and dental insurance, many of them also offer 401/403, life insurance, pension, saving account, etc. Some of them even reimburse for employees' continuing education.

Geographic location is one of the most important factors determining the average salary of paralegal. The four highest paying states are New York which is around $57,500, California $56,000, Alaska $54,000 and Illinois $52,500. And one of metropolitan cities are much higher than those of smaller sized cities; for instance, the average salary of paralegal in New York city is $60,670 vs. Eastern New Mexico nonmetropolitan area's $35,530.

The 3 major types of employers, government agencies, corporation law departments and private law firms, vary greatly in sizes. Middle sized law firms offer more in employee's salaries comparing to smaller ones.

Average salary of paralegal for firms with less than 500 employees is around $38,000 to $60,000. And ones with less than 2000 employees is $44,000 to $67,000. Different industries offer different range of salaries, for example, litigation & appeals is from $37,000 to $55,500, personal injury from $34,500 to $50,000 and corporate and business make the most.

Other areas to consider are level of education, years of experiences and list of personal skills. Paralegals with less than 4 years of experience make around $31,200 to $44,000. Candidates with specialty on data analysis usually make more than others.

About the Author: Frank Cole

What Are The Paralegal Careers Options? Also Want To Know What Is The Average Salary of Paralegal?

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Average Salary Of Paralegal: A Lucrative Earning