What Is the Economic Outlook for a Career As a Paralegal?

More paralegals are being hired to handle legal duties once done exclusively by lawyers. This is both good and bad news for those pursuing a career in this field. Competition for employment is high, and the best opportunities require paralegals to have formal training and work-related experience. Schools offering Paralegal degrees can also be found in these popular choices.

Economic Outlook for a Career as a Paralegal

Paralegals are being hired by companies all across the U.S in an effort to reduce legal costs while maintaining a high-quality operation. Paralegals can perform duties like compiling documents and taking statements, and they are a less expensive option than lawyers. The U.S. Bureau of Labor Statistics (BLS) projects a 15% growth in this profession between 2016 and 2026, which is much faster than the growth expected for other occupations in the U.S. during that period.

Important Facts About a Paralegal Career

Entry-Level Education Associate's Degree
On-the-Job Training None
Number of Jobs (2018) 309,940
Similar OccupationsLawyer, Legal Secretary

Source: U.S. Bureau of Labor Statistics

Top Employers

The BLS reports the majority of paralegals were employed by private law firms; however, individuals in this profession may also work for government agencies, corporations and finance, and insurance organizations. Community organizations hire these professionals to assist low-income families and the elderly with their legal issues. Paralegals will enjoy increased demand where they have industry-specific training and field experience.

Salaries and Benefit Packages

Salaries for paralegals vary by education, work experience, region, and employer size. Individuals employed by large metropolitan law firms will earn more than those employed by smaller, rural law firms. According to the BLS, paralegals and legal assistants earned a median annual salary of $50,940 in 2018. Workers in this field receive other fringe benefits, such as vacation time, paid sick leave, a retirement plan, a life insurance policy and dental insurance. Some are reimbursed for continuing education courses.

To continue researching, browse degree options below for course curriculum, prerequisites and financial aid information. Or, learn more about the subject by reading the related articles below:

  • 1. Degree Options:
The schools in the listing below are not free and may include sponsored content but are popular choices among our users. Tuition and costs will vary across programs and locations. Be sure to always request tuition information before starting a program.

Popular Schools

  • Southern New Hampshire University

    Southern New Hampshire University responds quickly to information requests through this website.

    Popular programs at Southern New Hampshire University:

    • Master

    Online Programs Available

  • Purdue University Global

    Purdue University Global responds quickly to information requests through this website.

    Popular programs at Purdue University Global:

    Online Programs Available

  • Regent University

    Regent University responds quickly to information requests through this website.

    Popular programs at Regent University:

    • Master
    • Bachelor Degrees

    Online Programs Available

  • Walden University

    Walden University responds quickly to information requests through this website.

    Popular programs at Walden University:

    • Doctoral

    Online Programs Available

  • Liberty University

    Liberty University responds quickly to information requests through this website.

    Popular programs at Liberty University:

    • Master

    Online Programs Available

  • Miller-Motte College

    Miller-Motte College responds quickly to information requests through this website.

    Popular programs at Miller-Motte College:

    • Associate Programs

    Online Programs Available

  • Post University

    Post University responds quickly to information requests through this website.

    Popular programs at Post University:

    • Bachelor Degrees
    • Associate Programs

    Online Programs Available

  • Central Christian College of Kansas

    Central Christian College of Kansas responds quickly to information requests through this website.

    Popular programs at Central Christian College of Kansas:

    • Bachelor Degrees
    • Associate Programs

    Online Programs Available

  • Penn Foster High School

    Penn Foster High School responds quickly to information requests through this website.

    Popular programs at Penn Foster High School:

    Online Programs Available

  • Penn Foster

    Penn Foster responds quickly to information requests through this website.

    Popular programs at Penn Foster:

    • Certificates

    Online Programs Available

  1. 1
  2. 2
  3. Next »