2003 Paralegal Compensation and Benefits Report Executive Summary
Executive Summary
This survey collected information from NFPA members and non-members across the nation regarding demographics, education, compensation, benefits, satisfaction levels, employer types, and other topics of interest to the paralegal profession. The following table presents the average responses concerning important aspects of a paralegal’s job and characteristics of members of the paralegal profession.
|
Characteristic |
Average Response |
2003 Percentage or Average of Population with Characteristic |
2001 Percentage or Average of Population with Characteristic |
1999 Percentage or Average of Population with Characteristic |
1997 Percentage or Average of Population with Characteristic |
1995 Percentage or Average of Population with Characteristic |
1993 Percentage or Average of Population with Characteristic |
|
Gender |
Female |
90.64% |
91% |
91% |
92% |
94% |
93% |
|
Race |
Caucasian |
78.57% |
88% |
88% |
91% |
95% |
94% |
|
Age |
Average |
40 |
39 |
38 |
38 |
38 |
37 |
|
Education-College |
Bachelor Degree |
54.47% |
49% |
53% |
53% |
54% |
55% |
|
Education- Paralegal |
Paralegal Studies ABA-approved |
69.59% |
84% |
83%
67% |
85%
64% |
85%
64% |
n/a
n/a |
|
Employer Type |
Law Firm |
69.10% |
74% |
70% |
71% |
71% |
71% |
|
Time Employed as a Paralegal |
Average |
7 to 10 years |
7 to 10 years |
7 to 10 years |
7 to 10 years |
7 to 10 years |
3 to 10 years |
|
Billing Rate |
$81-90/hour |
46% |
41% |
53% |
66% |
74% |
75% |
|
Salary |
Average |
$44,337 |
$41,742 |
$38,085 |
$34,514 |
$32,875 |
$31,021 |
|
Bonus |
Average Bonus
Percent receiving a bonus |
$2,165
60% |
$2,468
65% |
$2,225
64% |
$2,094
64% |
$1,869
63% |
$1,620
68% |
|
Benefits |
Vacation
Paid sick leave
Life insurance
Fully-paid employee medical insurance
Pension or retirement plan
Saving plan (401(k) type) |
84%
68%
65%
40%
40%
67% |
87%
73%
68%
43%
39%
71% |
85%
74%
65%
50%
40%
65% |
90%
78%
68%
52%
45%
65% |
91%
|
Executive Summary for the years 1995 - 1993 - 1991
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