Corporate Paralegal Salary
Job Description for Corporate Paralegal
Many large companies have a legal department staffed by attorneys who help ensure that the organization’s business, selling, and hiring practices all adhere to laws. These departments also represent the company in the event of any legal actions. A corporate paralegal typically works in this legal department to assist the attorneys with a variety of tasks.Read More...
Usually, the paralegal assumes office administrative tasks such as document drafting and categorization. The paralegal also helps perform research and assists with interviews and pre-interviews. The legal department uses the corporate paralegal to collate data and subsequently draft memos and reports to be used in defending the company’s best interests.
Corporate paralegals must be fluent in a variety of office computing software and are typically be expected to use and design spreadsheets for attorneys in the department. The paralegal also must be organized, as they may work with multiple attorneys dealing with a variety of simultaneous issues. The paralegal is expected to keep all data and information organized and must be able to produce this necessary documentation quickly on the demand. A corporate paralegal typically works regular business hours in an office environment.
A corporate paralegal typically doesn’t possess a legal degree or need to pass a bar exam. Instead, a person interested in employment in this field usually receives relevant education and certification from a technical or vocational school.
Corporate Paralegal Tasks
- Assist lawyers by researching legal precedent, investigating facts or preparing legal documents.
- Direct and coordinate law office activity, including delivery of subpoenas.
- Call upon witnesses to testify at hearing.
- Investigate facts and law of cases to determine causes of action and to prepare cases.
- Gather and analyze research data, such as statutes, decisions and legal articles, codes and documents.
Common Career Paths for Corporate Paralegal
Corporate Paralegals' salaries may rise greatly for those who assume a higher-end position such as an Attorney. The average Attorney brings home $81K per year. A lot of Corporate Paralegals advance their careers by becoming Senior Paralegals and Paralegal Supervisors. However, those positions offer $3K less and $10K less per year on average.
Corporate Paralegal Job Listings
Search for more jobs:
Popular Skills for Corporate Paralegal
Survey respondents exploit a significant toolbox of skills in their work. Most notably, facility with Securities Compliance and Corporate Governance are correlated to pay that is significantly above average, leading to increases of 55 percent and 9 percent, respectively. At the other end of the pay range are skills like Mergers and Acquisitions, Contract Management, and Legal Document Review. Those educated in Corporate tend to be well versed in Legal Compliance and Contract Management.
Pay by Experience Level for Corporate Paralegal
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Corporate Paralegals do not generally earn higher incomes from more experience in the field. The average beginner in this position makes around $53K, but folks who have been around for five to 10 years see a markedly higher median salary of $66K. Corporate Paralegals who work for 10 to 20 years in their occupation tend to earn about $71K. People who have worked for more than 20 years report a median income of $74K, which is barely higher than the median for folks with 10 to 20 years of experience.
Pay Difference by Location
For those looking to make money, Corporate Paralegals in Boston enjoy an exceptional pay rate, 20 percent above the national average. Corporate Paralegals can also look forward to large paychecks in cities like Los Angeles (+18 percent), Palo Alto (+17 percent), New York (+13 percent), and San Diego (+13 percent). Those in the field find the lowest salaries in Seattle, 8 percent below the national average. Workers in Houston and Minneapolis earn salaries that trail the national average for those in this profession (4 percent less and 3 percent less, respectively).
Corporate Paralegal Reviews
Related Job Salaries
Key Stats for Corporate Paralegal
Rated 5 out of 5
based on 75 votes.