Guide to paralegals featuring information, resources, news, articles, guides and advice covering the paralegal profession and law.
Entering the paralegal field will require much more than a love for the legal industry. Being familiar with the rules, regulations and laws the govern the industry will help you to find suitable employment. Learn what you can do to make yourself a valuable asset and landing a job in a law firm will be simple.
Although many people become paralegals because of the potential to make a high salary, further education will be required to meet your full potential. Education is tantamount in the paralegal field, but experience, expertise and skills will be the most important factors that employers will be on the lookout for.
There are many high paying jobs that require minimal training but most industries have become over saturated. People interested in getting into the paralegal field will have a better chance of succeeding if they know where the best job markets are located. Find out more about the direction of the paralegal field and prepare yourself for the future.
OutlookAccording to the United States Department of Labor's Bureau of Labor Statistics, the paralegal field is expected to grow by approximately 28% in the next five years. This is mainly because a number of paralegals are expected to soon reach the retirement age, but also because online schools have made it much easier for people to enter the field. Also, more industries are looking to hire paralegals because they are able to provide many of the same services as attorneys.
While more businesses will be looking to hire paralegals in place of attorneys, there is a limit as to how much money that a paralegal can make as well as the duties that they are legally able to take on. For example, paralegals can take notes during depositions and assist attorneys while in the courtroom, however, they are not able to express their thoughts or opinions to clients during legal proceedings. For the most part, paralegals duties are restricted to filing, faxing, drafting letters and making requests for legal documentation. The industries that are expected to hire more paralegals in the coming years include; financial institutions, government agencies, small businesses, franchises and non profit agencies.
Although some paralegals can earn more than $75,000 per year, only about 10% in the industry are able to make it to that threshold. Similarly, less than 10% make less than $26,000 a year. Many paralegals enter the field because they are interested in the criminal justice field, but they are not yet able to completely law school and pass the bar examination. While more than 70% of all paralegals are employed at a law firm, studies show that there may be a mass exodus as outsourcing becomes more popular with law firms and other industries begin to create new jobs for well trained paralegals.
The cities that are expected to hire more an increased number of paralegals are those that have the highest projected growth in population. Consequently, cities that high numbers of foreign immigrants such as New York City, Los Angeles, Dallas and Boston will also attract more paralegals. The popularity of online paralegal training programs is also expected to grow exponentially as people in other industries begin to think about switching careers. Because most paralegals are generously compensated, few are compelled to continue to work after they are eligible to retire. Recent graduates will more easily be able to find a paralegal job than virtually any other career because of the field's projected growth.