Compensation for paralegals is steadily climbing, and specialties such as intellectual property top the charts, according to survey results put out by Altman Weil in May.
Based on responses to an annual survey on paralegal salaries, the legal management consulting company says that among law firm practice areas, IP paralegals are bringing home the highest pay, earning $69,675 in total cash compensation. That’s 16.2 percent higher than the nationwide pay and 46 percent higher than their counterparts make in family law, the lowest-paid law firm practice area for paralegals.
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