NEW YORK–(BUSINESS WIRE)–Incisive Legal Intelligence, a leading source of business intelligence for the legal profession, in partnership with the International Paralegal Management Association (IPMA), today announced the release of the Annual Compensation Survey for Paralegals/Legal Assistants and Managers, 2009 Edition, tracking compensation, billing rates and billable hours for paralegals. More than 250 organizations participated in the survey (180 law firms and 72 law departments), representing a total of 10,613 paralegal positions. The survey has been conducted since 2002. For further information, or to purchase a copy of the survey, visit incisivesurveys.com.
The results of this year’s survey included the following:
- Overall, the survey indicated decreases in paralegal billable hours and overtime, but small increases in base salary for the survey period.
- The overall compensation of paralegals in U.S. law firms and corporate law departments decreased slightly when compared to last year’s survey data.
- Paralegals working in law firms received somewhat higher base compensation increases than their law department peers.
- Within law firms, the highest paid paralegals continued to be litigation support/technology managers at a median annual base compensation of $121,012 nationally.
- The average billing rate for most paralegals positions exceeded $175 per hour.
Incisive Legal Intelligence (formerly ALM Research and Altman Weil Publications) offers the legal industry’s most extensive online database of legal market intelligence, as well as syndicated survey reports, including the annual Survey of Law Firm Economics and Law Firm Business Development Survey. ILI is a division of Incisive Media.
