Industries with the Highest Wages
Salaries for the paralegal profession are all across the board. They range from very high to very low depending on where you live and the industry in which you work. One of the best ways to ensure you receive a high legal assistant salary that's appropriate for your hard work is to choose an industry that pays its paralegals well. Research and due diligence are the keys to maximizing your paralegal income. Aiming for a high-paying industry will be worth your while.
For example, information services is the highest paying industry in the paralegal field. Paralegals in this industry earn an average annual income of $70,320, which is an excellent salary by almost anyone’s standards. Those working for software publishers aren’t far behind in terms of average annual earnings with salaries at $69,950.
Telecommunications is another very high paying industry in this field. Paralegals in communications earn $68,680 on average. In manufacturing, many paralegals earn an average annual income of $66,120. Wired communications is the fifth highest paying industry, with annual paralegal salaries averaging $62,880.
Focusing on high paying industries in your paralegal career is a great way to maximize your income without being forced to relocate. If you work in the right industry, you may be able to earn a high income even if you live in a community that does not typically bring substantial salaries for professionals. Careful planning can help you make the most of a great career as a paralegal.
Industries with the Highest Employment Levels
There are many different industries in which a paralegal can work. You might think that life as a paralegal means doing the same things year after year. In fact, you can add some variety to your career as a paralegal by working in the many different industries in the field. You can also give your income a little boost along the way.
But when you choose an industry for your paralegal career, it’s important to do your homework. After all, some industries promise better paralegal salaries than others. You will also find higher employment levels in some industries, which means you have a better chance of finding a position in that industry.
For example, paralegals working in the federal executive branch industry earn $60,340 annually on average. This industry also happens to be one among those with the highest employment levels in the entire paralegal field. Paralegals working in the management industry, another of the five industries with the highest employment levels, earn an average income of $57,720 annually.
Those working in employment services aren’t far behind with an average annual income of $53,970. The average salary of a paralegal in the insurance carrier industry is $53,310 annually. And those in legal services, believe it or not, earn the least of the top five industries with annual average income of $47,380.
Salary is important, but a high salary is nothing without job security. By choosing a strong industry with a high employment level, you can make sure you enjoy a long career as a paralegal.
