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How much money do paralegals make?

money Paralegals
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How much money do paralegals make?

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Paralegal salaries vary greatly depending on education, training and experience, as well as the type and size of the employer and the geographical location. Nationally, based on May 2007 data, the median annual wage for paralegals is estimated at $44,990. This is an increase from May 2006, when the national median annual earnings of paralegals, including bonuses, was $43,040 (www.bls.gov/oco/ocos114.htm). In DuPage County, wage data for the second quarter of 2007 indicates that the annual earnings for entry level paralegals was approximately $39,180. For experienced paralegals, the annual earnings in DuPage County for the same time period was approximately $60,487 (http://lmi.ides.state.il.us/wagedata/countywages.htm).

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Like any other profession, salaries differ depending on the quality of the paralegal. That being said, experienced paralegals in top firms can make upwards of $50,000, $60,000, or more. Entry-level positions, however, are less than this. The average paralegal’s salary is approximately, $33,000.

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