Paralegal with Finance background

Moderated by: Displaced Legal Professional
Get new comments by email
You can cancel email alerts at anytime.
Comments (1 to 50 of 75)
Page:   1  2  Next »   Last »

chris in Miami, Florida

10 months ago

I will receive a bachelors degree within a year in Finance. I want to obtain a
paralegal certificate and work in the field. I don't know much about the field or the job opportunities available. Are there job opportunities, and what would the salary look like? Also would going to a recognized school increase (drastically) my chances of a landing a decent positions? I have found two school NYU and Univeristy of Miami both are good but NYU is highly recognized and ABA approved, but the cost of NYU is about $20,000 vs. $5000 at UM.

Should I just find a finance related job or look into paralegal studies, and should I go to UM or would the extra $15,000 pay off?

- Was this comment helpful? Yes / No Reply - Report abuse

Paralegal in Dallas, Texas

10 months ago

There is no way in God's Green Earth I would pay $20,000 for a paralegal certificate on top of a Bachelor's degree. That's insane. I got an ABA approved certificate for $7,500 10 years ago.

- Was this comment helpful? Yes (2) / No Reply - Report abuse

chris in Miami, Florida

10 months ago

Paralegal in Dallas, Texas said: There is no way in God's Green Earth I would pay $20,000 for a paralegal certificate on top of a Bachelor's degree. That's insane. I got an ABA approved certificate for $7,500 10 years ago.

Tuition is about $15,000 and living is about $5000.

- Was this comment helpful? Yes (1) / No Reply - Report abuse

dh in Northern CA, California

10 months ago

chris in Miami, Florida said: I will receive a bachelors degree within a year in Finance. I want to obtain a
paralegal certificate and work in the field. I don't know much about the field or the job opportunities available. Are there job opportunities, and what would the salary look like? Also would going to a recognized school increase (drastically) my chances of a landing a decent positions? I have found two school NYU and Univeristy of Miami both are good but NYU is highly recognized and ABA approved, but the cost of NYU is about $20,000 vs. $5000 at UM.

Should I just find a finance related job or look into paralegal studies, and should I go to UM or would the extra $15,000 pay off?

If you have a degree in finance, you have great potential in finance or banking (assuming the economy will eventually get better). Why would you want to become a paralegal? It's dead end. You can't get promoted anywhere. Law is a very unpleasant environment in which to work, thanks to the attys. It's often hostile and abusive. Believe me, I know. I'm a former legal secretary. And you will have coworkers who despise their jobs and who constantly complain. They have a good reason to complain; everything they complain about is true. But the paralegal or legal secretarial field has a dismal outlook.

- Was this comment helpful? Yes (4) / No Reply - Report abuse

Paralegal in Dallas, Texas

10 months ago

Yeah, as a paralegal you are automatically limited as to what you can make. You will never make any more no matter how long you are in the field or how much experience you get. You will never be the boss. There is no career ladder.

- Was this comment helpful? Yes (4) / No Reply - Report abuse

dh in Northern CA, California

10 months ago

My paralegal certificate from UCLA cost me $3000 plus about $500 for books in 2000. Even that was a rip because I never used the certificate. Paralegal jobs were starting at about $12/hour at the time - in LA!!!! I was making $14 so obviously I didn't do my research before making the decision. Paralegal actually had more potential then what I was doing at that time. So what I did was get a word processing job at a firm in Downtown LA that started at $18/hour.

- Was this comment helpful? Yes (3) / No Reply - Report abuse

Mary inTampa in Tampa, Florida

10 months ago

I got my AA in Paralegal studies in Decembe 2005 at St. Pete college (Florida). Mine was about $200.00 a class. Since I was just completing my Bachelor's Degree at USF (already took core classes) and had been in the legal field for many years, I took only required paralegal classes for three terms. So my cost was about $2,500.00.

SUGGESTION: A degree in Finance is far superior to a degree in paralegal. Buy a CLA Review Manual - about $100.00 (more or less) and skip the paralegal program. Get a part time or full time job as a legal secretary. Check out the requirements for taking the CLA test.

Don't spend the money for a paralegal course.

- Was this comment helpful? Yes (3) / No Reply - Report abuse

Chris in Hollywood, Florida

10 months ago

Suggestion very helpful...

Would the paralegal certificate (actually knowledge not certificate) help me get better or higher paying jobs in the finance or banking field? Would the certificate course supplement my knowledge and make me a all round more talented banker or finance manager?

- Was this comment helpful? Yes / No Reply - Report abuse

Mary inTampa in Tampa, Florida

10 months ago

CLA - Certified Legal Assistant. I would buy the book (new or used through Amazon or through NALA.org. Go to the NALA.org website. It's very useful. Myself, I don't think a paralegal course or paralegal certification would give you more knowledge or a more talented banker or finance manager. But you seem to think it does. They are two completely different fields.

A paralegal program teaches you how to draft legal documents, how to do legal research using legal search engines, teach you the legal process of litigation or a particular branch of law, and how to read and interpret legal documents (letters and pleadings) and understand their meaning and importance.

What I think you really want is to learn the legal process. You said you're going to be a finance manager - not a paralegal. A lot of paralegals only have a two year degree. You have a four year degree, which is far better.

cont

- Was this comment helpful? Yes (1) / No Reply - Report abuse

Mary inTampa in Tampa, Florida

10 months ago

cont
Buy a CLA Manual. That manual is about four inches thick. It gives a thorough summary of the legal field. That's the cheapest route for you to go at this minute.

Go to this website: www.spcollege.edu/clw/business/paralegal/index.htm

This is the school I went to. This will give all the information you need about paralegal studies and the classes, what is involved in being a paralegal - far better than asking any of us.

- Was this comment helpful? Yes (1) / No Reply - Report abuse

Kristine in Tacoma, Washington

8 months ago

Hi Chris--

I definitely agree that you will probably make more money in finance. I have a BA and Paralegal Certificate. Working in one of the highest paying fields, IP Law, I will still probably top out at $50k here in Seattle.

You don't need to spend tons of money to obtain a paralegal certificate. I paid about $4000 for tuition and books at a local community college with a highly rated, ABA-approved paralegal program. That was in 2005. Sign up for an intro to law course for a good overview. The Nala manual is good but not as helpful as taking the class. I just finished reading it cover to cover for the CLA exam. There are also classes in contracts and business transactions that might be of interest to you.

The paralegal field is very popular these days. Unfortunately, it isn't like Boston Legal where all the attorneys are fun and quirky and solve cases in an hour. The burnout rate is very high, attorneys aren't usually very much fun, job satisfaction can be very low, and cases can stretch into several years. The holidays/end of year can be especially stressful.

- Was this comment helpful? Yes (1) / No Reply - Report abuse

Mary in Tampa, Florida

8 months ago

The paralegal field is very popular these days. Unfortunately, it isn't like Boston Legal --- right on point.

- Was this comment helpful? Yes (2) / No Reply - Report abuse

Wil- CP in Lewisville, Texas

8 months ago

Hi Chris,

Im also working on my BS in Finance and have completed a Paralegal certificate at a community college. I have also obtained my CP designation from NALA which gives you a little more credibility. If I were you, I would contact NALA first to determine how to take the exam. I was able to qualify with my college credits and me paralegal courses. Now , as far work in the financial industry,I will say that the banking industry can use managers with some type of legal background. Litigation, business entity and contract course helped me a lot !!!!
If you plan on working as a paralegal in a law firm, i would suggest the coomercial real estate area...and if you want to move up, Law School should be your next project......if you like it .

- Was this comment helpful? Yes / No Reply - Report abuse

Wil- CP in Lewisville, Texas

8 months ago

and....dont spend that much money on Paralegal classes...it shouldnt be more than $3k.
Hope it helps !!!

- Was this comment helpful? Yes / No Reply - Report abuse

Chris in Hollywood, Florida

7 months ago

thanks for all the comments, greatly appreciated. Its been few months now, and I have decided to do my certificate program at a local university. Cost it $5000. I was adivsed to not do the course of the state I want to work, cuz a lot of the course work is state laws.
I just hope the certif. helps me in obtaining a finance related job, with greater responsibilies and higher credibility in an organization.
Thanks Guys,

- Was this comment helpful? Yes / No (1) Reply - Report abuse

Paralegal in Dallas, Texas

7 months ago

I just don't see that it will help you in any way to obtain a finance job, but please keep us posted.

- Was this comment helpful? Yes (1) / No Reply - Report abuse

Displaced Legal Professional in Denver, Colorado

7 months ago

Moderator

Chris in Hollywood, Florida said: I just hope the certif. helps me in obtaining a finance related job, with greater responsibilies and higher credibility in an organization....
What is your employment goal, Chris? Do you want a job in a law firm working for and assisting lawyers, and doing legal work? That's the kind of employment for which paralegal training prepares you.

I don't know all the finance related jobs available, but unless they involve legal work in a big way and require legal work skills you're wasting your time and money going to paralegal school. You will learn about business organizations, corporation formation and the like in paralegal school, but not enough for you to make it worth your while. You can collect the same knowledge by taking separate courses, or though OJT or in-service training.

You really should think over your decision carefully before shelling out the bread for training that is largely irrelevant to finance.

- Was this comment helpful? Yes (1) / No Reply - Report abuse

Displaced Legal Professional in Denver, Colorado

7 months ago

Moderator

Chris in Hollywood, Florida said: I just hope the certif. helps me in obtaining a finance related job, with greater responsibilies and higher credibility in an organization....
What is your employment goal, Chris? Do you want a job in a law firm working for and assisting lawyers, and doing legal work? That's the kind of employment for which paralegal training prepares you.

I don't know all the finance related jobs available, but unless they involve legal work in a big way and require legal work skills you're wasting your time and money going to paralegal school. You will learn about business organizations, corporation formation and the like in paralegal school, but I don't see where the rest of your paralegal courses would be worth your while. You can collect the same business and corporation knowledge by taking separate courses, or though OJT or in-service training.

You really should think over your decision carefully before shelling out the bread for training that is largely irrelevant to finance.

(amended)

- Was this comment helpful? Yes (1) / No Reply - Report abuse

Displaced Legal Professional in Denver, Colorado

7 months ago

Moderator

Chris in Hollywood, Florida said: Would the paralegal certificate (actually knowledge not certificate) help me get better or higher paying jobs in the finance or banking field? Would the certificate course supplement my knowledge and make me a all round more talented banker or finance manager?
No. See my comments, above. Once again, think twice before wasting your money.

- Was this comment helpful? Yes (1) / No Reply - Report abuse

Mary inTampa in Tampa, Florida

7 months ago

I don't see how spending money on a paralegal degree is going to help with a finance job either. I have a Bachelor's Degree in Business Administration (so does everyone else), and a paralegal degree AND 25 years of legal work. That finance degree is far superior to the overraed paralegal degree.

And paralegal is a very overrated degree. My shorthand is coming along good. As soon as I can SCRAPE some money off the sidewalk I will hope to buy computerized court reporting equipment. I should have bought it before and added it to my bankruptcy!!!!

- Was this comment helpful? Yes (1) / No Reply - Report abuse

Displaced Legal Professional in Denver, Colorado

7 months ago

Moderator

I had to go into law to use my B.S.B.A. in Accounting. While that training developed detail and analytical skills I used all the years I worked, it wasn't altogether useful in my two careers before law.

I used my accounting background to do my own tax returns and to balance my pilot logbooks. My background helped me in a job that required flight instructors to audit student logbooks.

I finally used my accounting background professionally in law. I used it primarily for preparing estate accountings and estate inventories, and in PI and WC for preparing settlement fund distribution schedules. I picked up these things quickly because they were "accounting." By no means did they involve or require advanced accounting skills.

Although one had to take such courses as Corp Fin and business law for a B.S.B.A. in my college, I think I learned more about the nuts and bolts of these areas in paralegal school. I found paralegal school valuable in that regard because, e.g., estate planning can involve business entity formation. But, for the OP, IMO it simply isn't worth it to take full-blown paralegal training only to receive an intro to those aspects of law.

- Was this comment helpful? Yes (1) / No Reply - Report abuse

Chris in Miami, Florida

7 months ago

Mary in Tampa.
A scenario:

I apply for a job as an entry financial analyst position, and land a interview. I have a bachelors in finance, and paralegal certif., with little finance experience. Do you think the certif. will have no relevance in the fact that I receive that job or not? I think it would, because knowing the laws or legal knowledge. Or a job as a entry level venture cap. positions. Please advice.
*Cost of school is not the highest priority.

- Was this comment helpful? Yes / No Reply - Report abuse

Mary inTampa in Tampa, Florida

7 months ago

Chris, we have been having this pow wow for several months. It sounds like you REALLY WANT the paralegal degree. I think that degree is worthless.

I already gave you the website for St. Pete College. You could hop to that site and see exactly what courses you would take. For you to get a paralegal degree would take another year. You're NEVER going to look up legal research - so that's a waste. You have no use for an internship - so that's a waste. You have no use for a course Introduction to Paralegal Studies - so that's a waste. You already have all the core stuff.

The only thing you really would be taking in a paralegal course is three subject matters. If you really want that stuff, then go meet with a paralegal school director, and JUST TAKE those few classes. For you, I would suggest taking litigation, real estate and bankrutpcy.

- Was this comment helpful? Yes (2) / No Reply - Report abuse

Mary inTampa in Tampa, Florida

7 months ago

You may take a paralegal degree. And it could work AGAINST YOU. That's a very reaal possibility. You could take an entry level finance job, touting, "I have a paralegal degree." And the employer may say, "Great." And you are given an entry level finance job doing just the crap work that includes maybe looking for information.

There is very little need for knowledge of litigation laws for finance work. You might get use out of real estate. As for foreclosure, that would be good knowledge.

Another scenario. You go looking for paralegal knowledge. And everybody you're competing with for a job are working on a Master's Degree. You're going to be at the bottom of the heap.

I would suggest right this minute is you just by the NALA study guide for the CLA test. It cost about $150.00. See what you think. Right now I think you will get far more knowledge - that you will retain - from the CLA book.

I think a paralegal degree will work against you. Those you're competing with, they will be working on a Master's - while you're chasing after a two-year degree.

- Was this comment helpful? Yes (1) / No Reply - Report abuse

Mary inTampa in Tampa, Florida

7 months ago

Frankly, Chris, if you're still asking about a paralegal degree, that's kind of an indication you lack good thought processes. Looks like you can't evaluate something and move on. You sure don't want an employer to think that.

- Was this comment helpful? Yes (1) / No Reply - Report abuse

Displaced Legal Professional in Denver, Colorado

7 months ago

Moderator

Chris in Miami, Florida said: Do you think the certif. will have no relevance in the fact that I receive that job or not? I think it would, because knowing the laws or legal knowledge. Or a job as a entry level venture cap. positions.
The answer, Chris, again, is "no."

Your paralegal certificate will have no relevance. In fact, I think a paralegal certificate can work against you. A paralegal certificate lacks cogency for finance positions. HR will wonder why in the hell you obtained a certificate that does not directly relate to finance. Your interviewer will ask you why you obtained a paralegal certificate for the same reason. You will appear to lack focus and be a meanderer.

Further, anyone reading your resume will see you have little or no finance experience. They KNOW that. They KNOW they will have to train you. They WILL NOT have a problem about training you if you exhibit potential.

As far as paralegal school goes, the curriculum in most good schools primarily prepares students to be litigation paralegals; the rationale being civil litigation offers the most opportunities for entry paralegals to get hired. My school did teach business organizations, commercial law, commercial paper and UCC, but only enough to broaden one's basic knowledge.

I really think you hope a paralegal certificate would open doors to the financial industry that you think a straight B.S.B.A. in Finance will not. A paralegal certificate won't open those doors, Chris. I'd try the degree first before thinking about more schooling. But because you seem interested in continuing with school and you have the money to spend for it, I think you should earn an M.B.A. with a concentration in finance. An M.B.A. will open more doors for you than a paralegal certificate. You'll also collect real, cogent knowledge you can bring to the table during your interview and can actually use on the job.

- Was this comment helpful? Yes (2) / No Reply - Report abuse

Displaced Legal Professional in Denver, Colorado

7 months ago

Moderator

Mary inTampa in Tampa, Florida said: The only thing you really would be taking in a paralegal course is three subject matters. If you really want that stuff, then go meet with a paralegal school director, and JUST TAKE those few classes. For you, I would suggest taking litigation, real estate and bankrutpcy.
...and business organizations and commercial law, which would include commercial paper and UCC.

- Was this comment helpful? Yes / No Reply - Report abuse

Paralegal in Dallas, Texas

7 months ago

It makes it seem like you don't know what you want to be when you grow up. Finance guy? Paralegal? They are totally unrelated.

What legal knowledge do you think you will get related to finance?

I had one Business class with my paralegal cert (out of 20 or so classes) and we learned how to set up a business, make a corporate notebook, take minutes for a meeting, how to dissolve a business, the in's and out's of the Secretary of State, what a partnership is, an LLC, a PA, a corp, etc. different business structures. What happens when a partner dies, succession. And that's about it. It's not rocket science. Paralegals are support help. It's adminstrative. If you want a legal background that has some authority, go to law school.

- Was this comment helpful? Yes (2) / No Reply - Report abuse

Displaced Legal Professional in Denver, Colorado

7 months ago

Moderator

Paralegal in Dallas, Texas said: I had one Business class with my paralegal cert (out of 20 or so classes) and we learned how to set up a business, make a corporate notebook, take minutes for a meeting, how to dissolve a business, the in's and out's of the Secretary of State, what a partnership is, an LLC, a PA, a corp, etc. different business structures. What happens when a partner dies, succession. And that's about it. It's not rocket science.
Same here.
Paralegal in Dallas, Texas said: Paralegals are support help. It's adminstrative. If you want a legal background that has some authority, go to law school.
Seconded, if the OP opts not to obtain an M.B.A., as I suggested, above. I agree with you, Dallas, about paralegals being nothing but support help for attorneys.

- Was this comment helpful? Yes (2) / No Reply - Report abuse

arealgem in Westborough, Massachusetts

7 months ago

chris in Miami, Florida said: I will receive a bachelors degree within a year in Finance. I want to obtain a
paralegal certificate and work in the field. I don't know much about the field or the job opportunities available. Are there job opportunities, and what would the salary look like? Also would going to a recognized school increase (drastically) my chances of a landing a decent positions? I have found two school NYU and Univeristy of Miami both are good but NYU is highly recognized and ABA approved, but the cost of NYU is about $20,000 vs. $5000 at UM.

Should I just find a finance related job or look into paralegal studies, and should I go to UM or would the extra $15,000 pay off?

Try UMass Online continuinged.uml.edu.
Reasonable, no car, concentrates on MA Law though. But I know of students even in other countries. UMass can let you matriculate into a Masters program too.

- Was this comment helpful? Yes / No (3) Reply - Report abuse

Kat in Hollywood, Florida

5 months ago

Yes, Paralegals are support help for attorneys. Brilliant summary. Perhaps Chris is not a power hungry monger and is just looking for a decent job that wont cause take 20 years off of his life from stress. Chris, if you check out what the finance paralegals are being paid in Manhattan (between $65-$115,000), I think that you may actually want to consider the route that you are looking into. The fact that you already have a degree in financing is exactly what they are looking for, and if you don't mind spending a year or two learning the ropes of the law office, you will be on your way to making a killing. No worries about spending more money. UM is a great school, and the education really comes in from the experience that you will obtain through your first few years of work. It is not a dead end job. Not all lawyers are a-holes. A steady paralegal job offers pay that is above the cost of living, great benefits, and at the end of the day, you leave free and clear with not a worry in your mind. My husband is an attorney, I am a paralegal. For a few thousand more a year, he has 10x more stress and I have found that in the end, if you are looking to lead a sane, happy, and normal life, get a job that pays well and one that you feel fulfilled in. Don't worry about the titles or the power or the MBA or the BAR. Do what makes you happy. Hope that helps :)

- Was this comment helpful? Yes / No (3) Reply - Report abuse

Mary inTampa in Tampa, Florida

5 months ago

My husband is an attorney, I am a paralegal. Kat's experience is an exception.

However, there are some goods jobs out there - just don't expect that to be the norm because it is not.

- Was this comment helpful? Yes / No Reply - Report abuse

Paralegal in Carrollton, Texas

5 months ago

Please read abovethelaw.com about the finance-related legal jobs that are being laid off - M&A's, restructuring, other finance-related gigs - going bye-bye.

In my neck of the words paralegals top out at $65,000-70,000 yet it's rare to see that, but when layoffs come those high earners are the ones getting laid off. Attorneys here start at $145-177,000 at the same firms that are paying paralegals $65-70,000.

I agree attorney jobs are 10x more stressful than paralegal jobs. I think that's one of the reasons attorneys are so tough to work for. Many take this stress out on their support staff.

- Was this comment helpful? Yes (2) / No Reply - Report abuse

dh in Northern CA, California

5 months ago

Mary inTampa in Tampa, Florida said: My husband is an attorney, I am a paralegal. Kat's experience is an exception.

However, there are some goods jobs out there - just don't expect that to be the norm because it is not.

Yes, Kat's job description of paralegal is by far the EXCEPTION TO THE RULE. My last full time job was in a small real estate Xaction firm in OC. We had a paralegal there who gradated from college in '78 and had her real estate license since '87. She was once an executive for Southern CA Edison and a former salon owner. She worked part time and contracted her services to this firm for $60/hr ('05). She received no benefits - med, dental, 401K - whatsoever.

We had another paralegal who graduated USC in '81 and entered the legal industry immediately thereafter. She handled Articles of Inorporation, LLC's, etc. An associate told me she probably earned 6 figures. THIS IS HIGHLY UNUSUAL. What I do know is that the business-related paralegals seem to make more than the litigation paralegals. All of my paralegal friends were in litigation, and we (I was a legal sec) all made roughly the same money.

I think to get into a paralegal job with a six-figure salary is one of those things where you have to be in the right place at the right time and have a lot of luck.

- Was this comment helpful? Yes (2) / No Reply - Report abuse

Mary inTampa in Tampa, Florida

5 months ago

I think to get into a paralegal job with a six-figure salary is one of those things where you have to be in the right place at the right time and have a lot of luck.

Either that - or have a lot of "The Devil Wears Prada" skills.

- Was this comment helpful? Yes (1) / No Reply - Report abuse

dh in Northern CA, California

5 months ago

dh in Northern CA, California said: Yes, Kat's job description of paralegal is by far the EXCEPTION TO THE RULE. My last full time job was in a small real estate Xaction firm in OC. We had a paralegal there who gradated from college in '78 and had her real estate license since '87. She was once an executive for Southern CA Edison and a former salon owner. She worked part time and contracted her services to this firm for $60/hr ('05). She received no benefits - med, dental, 401K - whatsoever.

We had another paralegal who graduated USC in '81 and entered the legal industry immediately thereafter. She handled Articles of Inorporation, LLC's, etc. An associate told me she probably earned 6 figures. THIS IS HIGHLY UNUSUAL. What I do know is that the business-related paralegals seem to make more than the litigation paralegals. All of my paralegal friends were in litigation, and we (I was a legal sec) all made roughly the same money.

I think to get into a paralegal job with a six-figure salary is one of those things where you have to be in the right place at the right time and have a lot of luck.

And one more thing regarding my response above. The part timer enjoyed her work but was tired of it and considering something else. She told me a year ago she was leaving "this fall," but is still there.

The fulltimer from USC is burnt out and NOT happy but is stuck because, although married, SHE is the breadwinner in the family. She gave birth to two children later in life. So she's stuck with it for a while.

- Was this comment helpful? Yes (1) / No Reply - Report abuse

dh in Northern CA, California

5 months ago

Mary inTampa in Tampa, Florida said: I think to get into a paralegal job with a six-figure salary is one of those things where you have to be in the right place at the right time and have a lot of luck.

Either that - or have a lot of "The Devil Wears Prada" skills.

Yeah, no kidding. Keep in mind this is Orange County, CA. I went to some money calculating website that calculates salaries by area. I can't remember the site but, according to that site (and if I recall correctly), 5% of paralegals in OC make $90K+. This was in '05. Probably less now.

- Was this comment helpful? Yes / No Reply - Report abuse

Displaced Legal Professional in Denver, Colorado

5 months ago

Moderator

Kat in Hollywood, Florida said: Chris, if you check out what the finance paralegals are being paid in Manhattan (between $65-$115,000), I think that you may actually want to consider the route that you are looking into....
Uh, Kat, you missed the point of Chris' question. He asked if a paralegal certificate would help in the finance industry:
chris in Miami, Florida said: I will receive a bachelors degree within a year in Finance. I want to obtain a
paralegal certificate and work in the field.
Chris in Hollywood, Florida said: Would the paralegal certificate (actually knowledge not certificate) help me get better or higher paying jobs in the finance or banking field? Would the certificate course supplement my knowledge and make me a all round more talented banker or finance manager?
Clearly, Chris is interested in a finance career, not a legal career. I stand by my comments that he would waste his time and money if he earns a paralegal certificate.

In the meantime, you set forth other points about paralegaling I need to address:

Kat in Hollywood, Florida said: [Paralegal] is not a dead end job. Not all lawyers are a-holes. A steady paralegal job offers pay that is above the cost of living, great benefits, and at the end of the day, you leave free and clear with not a worry in your mind. My husband is an attorney, I am a paralegal.
I beg to differ. Paralegal remains a support job, to attorneys. Paralegals can never partner in a law firm. Paralegals can never split fees with attorneys. Paralegal pay caps out, with the real possibility one's pay will stay below the local paralegal wage. I was severely underpaid my last few year as a paralegal. I knew it and - worse - the attorney knew it damn well.

Some firms offer few benefits. I had health insurance, but no dedicated sick days. We earned X amount of personal time per month. My first firm did not offer a pension plan.

Continued, below....

- Was this comment helpful? Yes (4) / No Reply - Report abuse

Displaced Legal Professional in Denver, Colorado

5 months ago

Moderator

Continued....Your comment:

Kat in Hollywood, Florida said: [A]t the end of the day, you leave free and clear with not a worry in your mind.
HAH!!! That remark is so ridiculous as to be ludicrous. One never leaves at the end of the day without worries, especially in a litigation practice. There is always the workload. There are always deadlines. There are always problems.

And, last but not least, there are the attorneys. I submit your view of them is not objective because you are married to one. Of course, one cannot say categorically that all attorneys are as$holes. That, indeed, would be misleading. But based on my experiences, I submit a significant number of attorneys are demanding, ungrateful, difficult, tyrannical individuals. Combine dealing with these individuals 8+ hours a day with the workload, stress and long hours, and it's hard to leave the job at the door.

For all of these reasons, Kat, I second the above posts. Your paralegal job description, and pay, and benefits, is misleading.

- Was this comment helpful? Yes (5) / No Reply - Report abuse

Gem in Westborough, Massachusetts

5 months ago

chris in Miami, Florida said: I will receive a bachelors degree within a year in Finance. I want to obtain a
paralegal certificate and work in the field. I don't know much about the field or the job opportunities available. Are there job opportunities, and what would the salary look like? Also would going to a recognized school increase (drastically) my chances of a landing a decent positions? I have found two school NYU and Univeristy of Miami both are good but NYU is highly recognized and ABA approved, but the cost of NYU is about $20,000 vs. $5000 at UM.

Should I just find a finance related job or look into paralegal studies, and should I go to UM or would the extra $15,000 pay off?

UMass online offers full degree and certificate programs for less than 1000.00 per 3 credit course. I just got my certificate which can also be applied to my BA in Legal Science when I am finished.

- Was this comment helpful? Yes / No (3) Reply - Report abuse

Mary inTampa in Tampa, Florida

5 months ago

Kat gets special treatment because she is married to one - she's in the IN CROUD. She likely has never been harassed and is treated like a kitten.

- Was this comment helpful? Yes (3) / No Reply - Report abuse

Displaced Legal Professional in Denver, Colorado

5 months ago

Moderator

Mary inTampa in Tampa, Florida said: Kat gets special treatment because she is married to one - she's in the IN CROUD. She likely has never been harassed and is treated like a kitten.
Could be. But I stand by my post to her, especially my rebuttal to her crack about leaving without worries at the end of the day.

- Was this comment helpful? Yes (3) / No Reply - Report abuse

dh in Northern CA, California

5 months ago

Displaced Legal Professional in Denver, Colorado said: Could be. But I stand by my post to her, especially my rebuttal to her crack about leaving without worries at the end of the day.

I dated a powerhouse lit atty in LA for a while, then had a long time boyfriend, also an atty, in OC. Both men were very nice and treated me well. It did not make my job easier, however. I worked with neither one. The litigator's secretaries hated him, and they didn't stick around very long. He was definitely a different person around me. The other atty, a non-litigator, had one sec the entire time we were together.

I dated the litigator not too long after I'd entered the industry and hadn't experienced the nastiness yet. Had I had the bad experiences THEN started dating him, I would have quickly lost respect for him regardless of how well he treated me, once I found out what kind of guy he was at work because, by then, I would have known what it was like to be in his secretary's shoes.

- Was this comment helpful? Yes (1) / No Reply - Report abuse

dh in Northern CA, California

5 months ago

AND I AGREE 100% WITH DLP'S COMMENTS ABOVE!!!!!! No, you can't say all attys are Aholes, but "I submit a significant number of attorneys are demanding, ungrateful, difficult, tyrannical individuals" applies to 95% of the attys out there.

- Was this comment helpful? Yes (1) / No Reply - Report abuse

kmm in Wilmington, Delaware

5 months ago

chris in Miami, Florida said: Tuition is about $15,000 and living is about $5000.

Still too much money - the market is bad at this prsent time.

I worked as a paralegal in Miami from the year 1999 to year 2002.

- Was this comment helpful? Yes (1) / No Reply - Report abuse

kmm in Wilmington, Delaware

5 months ago

dh in Northern CA, California said: My paralegal certificate from UCLA cost me $3000 plus about $500 for books in 2000. Even that was a rip because I never used the certificate. Paralegal jobs were starting at about $12/hour at the time - in LA!!!! I was making $14 so obviously I didn't do my research before making the decision. Paralegal actually had more potential then what I was doing at that time. So what I did was get a word processing job at a firm in Downtown LA that started at $18/hour.

The good news for you was that you started at the typical low pay to get your experience, you were soon being paid $60k. AND again- that is nothing to complain about, albeit the legal field in general has a lot to complain about.

- Was this comment helpful? Yes / No Reply - Report abuse

kmm in Wilmington, Delaware

5 months ago

Chris in Hollywood, Florida said: Suggestion very helpful...

Would the paralegal certificate (actually knowledge not certificate) help me get better or higher paying jobs in the finance or banking field? Would the certificate course supplement my knowledge and make me a all round more talented banker or finance manager?

Absolutely not- I would suggest that you get your job in finance first, then later assess if any addition courses in whatever would improve your career path. There is no career path as a paralegal- but of course we knew that when we siged up. Paralegals in large metropolitan areas will make $50-70k, after they pay their just dues.

- Was this comment helpful? Yes (1) / No Reply - Report abuse

kmm in Wilmington, Delaware

5 months ago

Kat in Hollywood, Florida said: Yes, Paralegals are support help for attorneys. Brilliant summary. Perhaps Chris is not a power hungry monger and is just looking for a decent job that wont cause take 20 years off of his life from stress. Chris, if you check out what the finance paralegals are being paid in Manhattan (between $65-$115,000), I think that you may actually want to consider the route that you are looking into. ... :)

Sorry Kat- but I know your thinking is way off, especially in today's economic crisis.

I do not see your explanation of what one has to do in order to obtain that salary in Manhatten. To say your information has a missing link would be an understatement.

- Was this comment helpful? Yes (1) / No Reply - Report abuse

kmm in Wilmington, Delaware

5 months ago

Displaced Legal Professional in Denver, Colorado said: Could be. But I stand by my post to her, especially my rebuttal to her crack about leaving without worries at the end of the day.

Only if your husband is the boss.

- Was this comment helpful? Yes (1) / No Reply - Report abuse

kmm in Wilmington, Delaware

5 months ago

dh in Northern CA, California said: .....

I dated the litigator not too long after I'd entered the industry and hadn't experienced the nastiness yet. Had I had the bad experiences THEN started dating him, I would have quickly lost respect for him regardless of how well he treated me, once I found out what kind of guy he was at work ...

That makes no sense at all. Yu are dating a man who makes a good income, legally as opposed to a drug dealer, he treats you well and you are going to make issue of how he earns his money, the money that allows him to take you on nice dates.

- Was this comment helpful? Yes / No Reply - Report abuse

Page:   1  2  Next »   Last »

Your Reply

change location - create a profile
User Name
Your Comment
Your Email Address
Enter the numbers you see in the box
CAPTCHA Image

Be Reasonable! Be Polite! Please read our Terms of Service and Forum Rules, where it notes that you are responsible for your own comments. You may post anonymously - but we reserve the right to remove inappropriate comments at any time.

RSS Feed Icon Subscribe to this discussion as an RSS feed.

Moderate this forum