Paralegals are granted more powers and handed over more responsibility as they gain work experience. As the time stay of the paralegal under a particular lawyer increases, he becomes a valuable asset for the lawyer. Paralegals working in big law firms who show promise or those who are experienced are delegated to managerial and other law related posts or given the responsibility to head a team of paralegals and other clerical staff and assign work to them.
A paralegal does not require obtaining a degree to land in a job. However, it may be insisted upon in a big firm. In today's fast shrinking and competitive world, a candidate with a degree is definitely given preference in selection over others. Someone wishing to be a paralegal should try to get paralegal certification from one of the countless established institutions. Since employers more likely employ a candidate holding a certification from an accredited institution, one has to make sure that the institution is approved by the relevant body. Keeping tabs with the latest legal ramifications and legal decisions can surely help the paralegal to gain experience.
A paralegal career is the best option for those who come from legal backgrounds but want to avoid the intensive study of law schools and training in becoming a lawyer. Also those whose careers as a lawyer have not quite taken off can turn towards being a paralegal as a job option.
Requirement of experience for being a paralegal is not compulsory. Some employers, especially big MNC firms, choose to employ college graduates and train them as paralegals. However some employers insist that paralegals have experience before they hire them. Many types of experience can prove valuable in this field, depending upon the nature of the work. First hand experience in various technical fields such as background of taxation knowledge or administrative knowledge can be useful.
There is definitely a growing demand for paralegals as they are being employed by lawyers and law firms all round the world. Demand for paralegals is increasing day by day as many firms are looking forward to increase service quality by hiring paralegals to do jobs once done by lawyers.
Nowadays many companies are looking forward to the built-in in-house legal department and are hiring lots of paralegal assistants. The demand for the paralegal assistant is increasing day by day as many banks, corporate houses, etc. are hiring them. The demand for legal assistants who specialize in one particular field is also significant. Also, innovation has resulted in many paralegals owning businesses and working as freelance legal assistants, rendering their services on a contract basis to firms and lawyers.
Earnings in this field vary to a great extent, depending upon education, experience, location of the job, training and type and size of employer. In general, paralegals working in big metro politicians and in MNCs earn more. Paralegals, in general, earn anything between $25,000 and $55,000. Also, other facilities such as reimbursement for continuing legal education and paid sick leave are provided.
Thus in today's world paralegals occupy an important place in the legal field. Careers in this field are very profitable.