Paralegal Business Plan Sample

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Freelance paralegals bill between $22 and $45 per hour depending on experience, specialty, the complexity of the job and geographic location.

The job outlook for paralegals and legal assistants is projected to grow 15 percent until 2026, which is faster than the average job growth.

Trained paralegals with strong computer and database management skills will likely have the most job prospects. Her work has appeared in Marie Claire, The Huffington Post, and Work. She writes the bimonthly newsletter for business school, Hautes Études Commercials Paris, highlighting the latest business trends and profiling some of the biggest names in business today.

While the law firms and legal departments across the nation adopt measures to counter recession by cutting overhead costs and delegating their work to freelancing paralegals, it’s time for the paralegal force to make hay while the sun shines.

Working in a freelance capacity can give you access to more diverse work environments, a greater variety of duties and types of cases and the potential to earn more money.

Working as a freelance paralegal may also mean letting go of some of the advantages that come with full-time work as an employee.A 2016 NALA survey found that nearly 3 percent of all paralegals identified as being self-employed or business owners.In 2016, the average annual income for a paralegal was ,671.A two or four-year degree in paralegal studies is a standard prerequisite and specialization always helps.One or more focused legal specialties gained through experience, education or both can boost your resume.You may choose to go solo, partner up and create a team or join an established service-group where you would be assigned freelance work and have your own office.Freelance paralegals have more freedom than paralegals on payroll and can often choose their own work that interested them.The National Association of Legal Assistants’ (NALA) Advanced Certified Paralegal (ACP) designation lets paralegals who hold the CP credential earn specialty certification in one of 26 NALA-recognized practice areas.Earning specialty certification with NALA requires a web-based course and passing the final assessment.A firm might outsource paralegal work when they have more work than they can handle in-house.This is beneficial for both the firm and the paralegal, as firms will get the paralegal services when needed and freelance paralegals can build a career that gives them freedom and earning potential.

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