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Average Salary of a Paralegal – Factors That Affect Paralegal Salary
The average salary of a paralegal is around $44,000. For entry-level paralegals, they usually get a starting salary of $25,000. Your annual paycheck can grow up to $60,000 depending on various factors to consider. One common factor that affects the average salary of a paralegal is geographical location. Most of the time, paralegals in large metropolitan areas are being paid more than those who are located in the rural areas. The reason being is the fact that there are more crimes, civil cases and legal issues in big cities as compared to the countryside. Paralegal salary also depends on the type of law firm. Apparently, paralegals in larger law firms are more compensated than those in the smaller ones. The highest paid paralegals are those who work in the federal government. They also get better benefits compared to private law firms. Specialized law firms offer higher salaries to paralegals since they also look for a particular specialization in their employees.
Work experience matters a lot on the average salary of a paralegal. For entry-level to 1-year experienced applicants, salary would average around $33,000. For those who have been a paralegal for 20 years or more, salary starts at around $48,500. Membership and certifications from paralegal organizations such as PACE Registered Paralegal, National Federation of Paralegal Associations, and National Association of Legal Assistants will increase your chances to a salary hike. The type of paralegal degree you have also affects the employer’s job offer. No one can deny the booming demand for a career in paralegal. The reason is quite obvious: you can get affordable education as your capital to work comfortably and well-compensated in a dignified legal profession.
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