Most people are of the opinion that the Paralegal does not earn commensurate wage to the long hours of work associated with paralegal jobs. Be that as it may, the Paralegal profession, according to recent CCN publications, is the 15th profession in the United States with an upward growth statistics. In this article you will learn the true picture of what is available for Paralegals as earnings in Paralegal jobs in the U.S.
Different Earnings For Paralegals And Legal Assistants
Paralegals and Legal assistants are quite distinct professionals who are likewise remunerated deferentially. In both cases salaries are based on educational qualification, experience and additional training or specialization.
Other factors that determine pay for either a Paralegal or a Legal assistant are the size, location and profitability of the organization he or she works for. For instance, Paralegals who work in the metropolitan areas for bigger firms earn more than those who work in the country side or less populated towns for smaller firms.
Paralegal Take Home Pay Include Bonuses
Bonuses or overtime pay argument the annual salaries of full time wage and salary Paralegals. For instance, according to the U.S. Department of Labor, in 2004, median annual salaries in May 2004, for paralegals and legal assistants including bonuses, reached $39,130. The intermediate 50 percent received between $31,040 and $49,950 while the upper 10 percent received more than $61,390. The rock-bottom 10 percent junior Paralegals and Legal Assistants earned much less, an average of $25,360.
The above is the earnings statistics made available by the United States Department of Labor on the salary potentials of the Paralegal jobs in the U.S.
Specific Industry Pay For Paralegal Jobs In The U.S
As said earlier, pay for Paralegal jobs in the U.S. depends on the factors mentioned above. However, find below the general picture of industry per annum pay-packages for Paralegals and Legal assistants in the U.S. as at May 2004, made available by the Department of Labor:
Federal Government $59,370
Local government 38,260
Legal services 37,870
State government 34,910
There is no current authenticated information on the above right now, but it should obviously have increased to figures far above the 2004 figures.
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