Wednesday, July 17, 2024

How Much Do Paralegals Make In New York

New York Paralegal Salary Information

Become a Paralegal in 2021? Salary, Jobs, Education

Projected Job Growth

15.5%

Paralegals in New York from 2018-20282

As employers seek to minimize costs and maximize the efficiency of legal services, the role of paralegals and legal assistants is expected to expand in both the diversity of the tasks allocated to them and in the number of paralegals employed by private law firms and corporate legal departments nationwide. The job growth rate for paralegals in New York state is projected to be 15.5%, slightly higher than the national projection of 12%.2 Current job growth projections are based on the expectation that law firms and other paralegal employers will continue to utilize paralegals for administrative tasks to reduce costs. Competition for paralegal and legal assistant positions within the New York City metropolitan area, which has the highest employment level of paralegals, is expected to remain quite strong due to the heavy concentration of law firms and corporations.3 Entry-level paralegals may also find employment in Syracuse, Buffalo, Albany, or Rochester where competition is less intense than New York City.

Estimates are based on national data, not school-specific information data accessed in October 2021.

Paralegal Salaries By State

According to the U.S. Bureau of Labor Statistics , as of May 2019, the nationwide mean annual wage for paralegals was $55,020. Salaries vary based upon the state in which a paralegal works. Certain states have a higher employment level of paralegals than others, too. For example, California employs 35,040 paralegals the state of Florida employs 30,850 paralegals New York employs 29,310 paralegals Texas employs 27,040 paralegals and Illinois employs the fifth-highest number of paralegals in the country, at 13,980.

The top-paying state in which paralegals work as of May 2019 is District of Columbia, where they earn $82,010 annually. Next comes Colorado, where paralegals make an average of $62,250 per year. California comes next, where its paralegals are earning $61,810 annually. Massachusetts ranks fourth, as its paralegals average $61,650 yearly. Finally, the state of Washington ranks fifth when it comes to paralegal salaries, at $60,840.

In this article, we will discuss salaries that paralegals working in each of the 50 states made as of May 2019. These numbers will be further broken down into salaries for paralegals working in metropolitan areas within each state.

Paralegals in Connecticut made a yearly mean salary of $60,240. Those working in the Bridgeport-Stamford-Norwalk area earned higher than average salaries of $65,970. Those working in New Haven also made slightly higher than the state average, at $60,290.

Quality Of Life For Collection Paralegal

With a take-home pay of roughly $3,323/month, and the median 2BR apartment rental price of $2,506/mo** in New York City, NY, a Collection Paralegal would pay 75.42% of their monthly take-home salary towards rent. The average income spent on cost of living excluding rent within New York City per month for an individual is $1,250, and for a 4-person family $4,592***. This means for an individual, total cost of living is 113.04% of a Collection Paralegal in New York City’s salary leaving $-433 as discretionary income whereas for a family of 4, total cost of living is 213.64% of a Collection Paralegal in New York City’s salary leaving $-3,776 as discretionary income. When considering cost of living, this places New York City, NY as 2nd out of the 2 largest nearby metros in terms of quality of life for Collection Paralegals**.

** This rental cost was derived according to an online report at Apartment List*** Average cost of living was acquired from Numbeo’s Cost of Living Index

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How To Become A Paralegal In Ny

If youre interested in becoming a paralegal in New York, youll need to have a college degree and/or certification from an accredited institution. The American Bar Association offers a variety of certification programs that can help you get started in your career.

Once you have your degree and/or certification, youll need to find a job with a law firm or other legal organization.

Top Law Firms For Paralegal Graduates In New York

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  • The Lanier Law Firm is one of the top-rated law firms not just in New York, but in the entire US, with the National Law Journal calling the firm’s founder Mark Lanier “one of the decade’s most influential lawyers.” The Lanier Law Firm specializes in complex litigation and provides legal and trial counsel services.
  • Hurwitz & Fine, PC is a top-ranked mid-size firm and provides services in most areas of the law. Hurwitz & Fine takes pride in its staff and invites qualified applicants to contact the firm for opportunities.
  • Harris Beach PLLC provides full-service representation and legal advice backed by its deep experience in narrow areas of the law, such as nanotechnology and energy. Harris Beach seeks well-rounded professionals to work in a supportive environment with abundant training and mentoring for career growth.

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Salary By Paralegal Type

There are various types of paralegals, and some have higher earning potential than others. According to the U.S. Bureau of Labor Statistics , the 2019 median pay for paralegals and legal assistants was $51,740 per year. The highest 10% earned more than $82,000.

If youre wondering which paralegals make the most money, the BLS provides a breakdown of the types of paralegals and their 2019 median annual wages.

Frequently Asked Questions About A Corporate Paralegal Salaries

The average salary for a Corporate Paralegal is US$61,180 per year in New York City, NY, United States Area. Salaries estimates are based on 144 salaries submitted anonymously to Glassdoor by a Corporate Paralegal employees in New York City, NY, United States Area.

The highest salary for a Corporate Paralegal in New York City, NY, United States Area is US$84,812 per year.

The lowest salary for a Corporate Paralegal in New York City, NY, United States Area is US$44,133 per year.

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Paralegal Isalary In New York Ny

How much does a Paralegal I make in New York, NY? The average Paralegal I salary in New York, NY is $71,871 as of December 27, 2022, but the range typically falls between $63,561 and $81,148. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

Percentile
10th Percentile Paralegal I Salary $55,995
25th Percentile Paralegal I Salary $63,561
50th Percentile Paralegal I Salary $71,871
75th Percentile Paralegal I Salary $81,148
90th Percentile Paralegal I Salary $89,595

Employment Numbers In New York

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With 21,820 paralegals operating in the state, New York has the third-most paralegals in the country, according to the U.S. Department of Labors Bureau of Labor Statistics . When including Jersey City as part of the NYC/White Plains/Jersey City metro area, New York has the single-biggest paralegal job market in the country with 15,920 positions.

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Paralegal Salaries From State To State

Students pursuing a career in the legal field consider the paralegal profession to be one of the most rewardingand potentially lucrativeoptions. One advantage is paralegals may be able to complete their state-required education and training in as little as one year, depending on their schedule and their states requirements. And, many paralegals find themselves earning a respectable living regardless of which state they practice in.

Paralegal students should understand that there are several factors that can cause paralegal salaries to vary across the country. In their 2021 data, the U.S. Bureau of Labor Statistics reports that six out of ten of the highest paying metropolitan areas for paralegals are all located within the state of California. This concentration of higher paid paralegals may be attributed to the size of California, the quantity of employers and the active local legal system.

In contrast, states like Louisiana, Arkansas and Oklahoma have some of the lowest reported median annual salaries for paralegals. Not only are these states less populated, they may have less need for paralegal skills by virtue of the fact that they have fewer law firms or legal agencies requiring paralegal services.

Paralegal Managersalary In New York Ny

How much does a Paralegal Manager make in New York, NY? The average Paralegal Manager salary in New York, NY is $131,577 as of December 27, 2022, but the range typically falls between $114,247 and $154,324. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

Percentile
10th Percentile Paralegal Manager Salary $98,470
25th Percentile Paralegal Manager Salary $114,247
50th Percentile Paralegal Manager Salary $131,577
75th Percentile Paralegal Manager Salary $154,324
90th Percentile Paralegal Manager Salary $175,033

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States Where Paralegals Earn The Most Money

The national average annual wage of a paralegal is $54,500, according to the BLS, which is slightly more than the average annual salary for all occupations, $51,960. In some states, you can earn a bit more than $54,500 as a paralegal, but youve got to pick the right state. Below is a list of the top-10 highest-paying states for paralegals.

  • Connecticut average paralegal salary: $62,760
  • California average paralegal salary: $61,240
  • Washington average paralegal salary: $60,940
  • Massachusetts average paralegal salary: $60,320
  • Alaska average paralegal salary: $59,140
  • New York average paralegal salary: $58,750
  • Colorado average paralegal salary: $58,350
  • New Jersey average paralegal salary: $58,260
  • Nevada average paralegal salary: $57,600
  • Delaware average paralegal salary: $57,290
  • Connecticut boasts the highest average paralegal salary in the U.S. Whats more, Connecticuts wage growth over the last five years has been very impressive. The average paralegal salary rose from $53,230 in 2013 to $62,760 in 2018, an increase of 17.9% and the second-largest growth rate in the country, behind Louisiana. In No. 2 California, on the other hand, paralegal wages have stalled, only growing by 2% over the last five years. In Alaska and New Jersey, salaries outright declined since 2013.

    Paralegal Pay Faq In New York Ny

    25 Fresh Employment Law Attorney Salary

    The average salary for a Paralegal is $62,411 per year in New York, NY. Salaries estimates are based on 22833 salaries submitted anonymously to Glassdoor by a Paralegal employees in New York, NY.

    The highest salary for a Paralegal in New York, NY is $94,211 per year.

    The lowest salary for a Paralegal in New York, NY is $41,344 per year.

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    Paralegal Certification Process In New York

    New Yorkers can seek certification from programs offered by the National Federation of Paralegal Associations or the National Association of Legal Assistants . ESAPAs proposals also recommend a New York State Certified Paralegal program to indicate exceptional individuals who can meet the minimum education requirements in their proposal and/or a minimum experience level working as a full paralegal.

    How Much Does A Paralegal Make

  • How Much Does a Paralegal Make?
  • According to 2020 data from the Bureau of Labor Statistics , legal assistants/paralegals earn an average salary of $56,610 per year . Average pay will vary based on the state in which you are employed, the education youve earned and level of experience in the field. Starting pay in an entry-level position will tend to be lower until youve gained a few years of experience and proven yourself as an indispensable member of a law firm.

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    What Does A Paralegal Do In New York

    Paralegals work under the supervision of a licensed attorney who assumes responsibility and legal liability for their actions. A paralegal can perform any work authorized by their supervising attorney as long as it does not specifically require licensure or status as a legal counsel to perform. Examples include filing paperwork, performing legal research, aiding in discovery, completing needed forms, and meeting with clients for interviews.

    How Much Tax Will You Have To Pay As A Collection Paralegal In New York City Ny

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    For an individual filer in this tax bracket, you would have an estimated average federal tax in 2018 of 22% and an added New York state tax of 6.33%. After the combined taxes have been taken out, Collection Paralegals could expect to have a take-home pay of $39,871/year, with each paycheck equaling approximately $1,661*.

    * assuming bi-monthly pay period. Taxes estimated using tax rates for a single filer using 2018 federal and state tax tables. Metro-specific taxes are not considered in calculations. This data is intended to be an estimate, not prescriptive financial or tax advice.

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    In What State Do Paralegals Make The Most Money

    In general, paralegals make the most money in states with larger metropolitan areas.

    For example, in California, the average salary for a paralegal is $75,000. In New York, the average salary is $60,000. And in Texas, the average salary is $55,000.

    So, if youre looking to make the most money as a paralegal, considering the Big Apple to start your career is a good idea.

    Of course, your salary will also depend on your experience and level of education. In general, the more experience you have, the more money you can expect to make. And if you have a higher level of education, you may also be able to negotiate a higher salary.

    So, if youre interested in becoming a paralegal, be sure to research the different types of law firms and legal organizations in your area.

    And remember, you can expect to make a good salary no matter where you work as a paralegal in New York.

    See Collection Paralegals Salaries In Other Areas

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    Frequently Asked Questions About A Paralegal Salaries

    The average salary for a Paralegal is $51,163 per year in New York City, NY Area. Salaries estimates are based on 2511 salaries submitted anonymously to Glassdoor by a Paralegal employees in New York City, NY Area.

    The highest salary for a Paralegal in New York City, NY Area is $72,539 per year.

    The lowest salary for a Paralegal in New York City, NY Area is $36,086 per year.

    Estate Planning And Probate Paralegal

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    $53,623

    Paralegals who specialize in estate planning and wills can expect to earn an average of almost $54,000 per year. They assist throughout the entire estate planning process, and tasks include:

    • organizing and drafting documents
    • notifying beneficiaries
    • preparing sub-trust allocation schedules and distribution plans, among many other things

    To become an estate planning and probate paralegal, one should complete an ABA-approved paralegal program, whether that be a certificate, associate degree, or bachelors degree. An internship of at least six months is also recommended.

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    How Much Do Paralegals In New York Make

    Paralegal Salary How Much Does A Paralegal Make A Year?Do you want to know how much does a paralegal make a year? Law firms that are trying to rebuild support staff and are revamping their project staff are also looking for paralegals that they can give some administrative duties on top of their New York: $55,000: 17% higher than average

    How Much Do Paralegals Earn? | Chron.comHow Much Do Paralegals Earn? Bureau of Labor Statistics reports that California employed the most paralegals of any state in May 2011, followed by New York and Florida. Paralegals in the District of Columbia District led the nation in annual pay,

    Paralegal Salary | Celebrity Net WorthIf you’ve been wondering how much does a paralegal make, Paralegal Salary By Dee Dee on September 1, 2010 in Articles How Much Does. Share on Facebook New York $28.91/$60,140. District of Columbia $31.14/$67,760.

    How Much Do Paralegals Make? Careers WikiHow much do paralegals make? The average annual paralegal salary is $48,350 or $23.24 per hour. New York: 2.57: $27.02: $56,200: Top Paying Industries. Industry Percent of industry employment Hourly mean wage Annual mean wage Electronic Component Manufacturing :

    How Much Money Do Paralegals Make In New YorkHow much money do paralegals make in new york Nullification is the historical idea that states can ignore federal laws, or pass laws that supercede them.

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    How Much Does It Cost To Become A Paralegal

    Becoming a paralegal can be somewhat costly if you do not have an associate degree or higher. An associate degree is generally required, but a bachelor’s degree is preferred.

    Bachelor’s and associate degrees can cost $8,000 to $30,000 per school year. In contrast, an online paralegal certificate program can cost as little as $3,000. Beyond education, the costs are minimal. Transportation and professional dress are generally required, but your employer will typically provide most equipment and resources.

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    Paralegal Pay Faq In New York City Ny Area

    The average salary for a Paralegal is $62,411 per year in New York City, NY Area. Salaries estimates are based on 22833 salaries submitted anonymously to Glassdoor by a Paralegal employees in New York City, NY Area.

    The highest salary for a Paralegal in New York City, NY Area is $94,211 per year.

    The lowest salary for a Paralegal in New York City, NY Area is $41,344 per year.

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