« previous next »

Author Question: What are the main components of paralegal compensation? What are some of the factors affecting ... (Read 204 times)

jessicacav

  • Hero Member
  • *****
  • Posts: 558
on: Aug 3, 2018
What are the main components of paralegal compensation? What are some of the factors affecting paralegal compensation?
 
  ?

Question 2

Discuss the pros and cons of submitting your rsum to a firm by e-mail.
 
  Help?


Heffejeff

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Aug 3, 2018
Answer to Question 1

The main components of paralegal compensation are salary (which may include bonus or overtime pay) and benefits (which may include paid holidays, sick leave, group insurance coverage for medical, dental, life, and disability insurance, pension plans, and other benefits).
Paralegal compensation is affected by a number of factors, including the size of the firm or legal department and the specialty area in which the paralegal practices. Another income-determining factor is the paralegal's years of experience. Typically, more experienced paralegals enjoy higher rates of compensation. This is particularly noticeable when a paralegal has worked for the same employer for a long period of time. Another major factor that affects paralegal compensation is geographical location. Currently, paralegals who work in the West enjoy higher levels of compensation than paralegals in other regions of the country. However, salary figures represent averages and can therefore be deceptive. For example, a paralegal working in a rural area of Washington State may not earn as much as a paralegal who works in Chicago. Also, salary statistics do not tell the whole story. Although paralegals earn more in California than in Nebraska, the cost of living is higher in California than in Nebraska. This means that a paralegal's real incomethe amount that can be purchased with a particular salarymay, in fact, be the same in both states despite the differences in salary.

Answer to Question 2

Student answers might include the following:

PROS: E-mail is faster than regular mail or express delivery services and can be immediately available to the firm.
CONS: E-mail resumes do not look as nice as hard copy resumes, and some firms are not used to receiving submissions via e-mail. Attorneys generally prefer traditional resumes. If an advertisement lists an e-mail address, it is best to submit the application via e-mail and follow up with a printed copy of the letter and resume as well.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

The principal components of a spectrophotometer The principal components of a spectrophotometer
Typical components of software for a practice management system (PMS). Typical components of software for a practice management system (PMS).
The two main types of nerve cells. The two main types of nerve cells.
Components of GDP vs. GPI Components of GDP vs. GPI
Location of the main structures of the vessels Location of the main structures of the vessels
The Main Macromolecules in Cells The Main Macromolecules in Cells
Video: Chronology of leptin research (A history of leptin research)

For a complete list of videos, visit our video library