Do you work at a law firm? Then you already know how helpful paralegals are to the day-to-day operation of your organization. But did you know that they can actually help make your law firm run more efficiently and even become more profitable?
Efficiency: If time is money, then the more efficient your firm is, the more money you’ll save—and earn. Well-trained paralegals are models of productivity. They help to prioritize cases and action points for attorneys, staff, and consultants. They organize and review files, interview clients and witnesses, conduct research, prepare legal documents, draft pleadings and discovery notices, and help out at closings and trials.
Delegation: Although paralegals cannot serves as attorneys, the best of them can perform substantive legal work that would otherwise be done by attorneys. The attorney needs to supervise and sign off on all paralegal work, but by delegating significant tasks to paralegals, you can make certain your resources are used appropriately. You can provide a high caliber of service without any compromise to quality.
Attention: Providing personalized service can differentiate law firms, keeps clients coming back, and create positive word-of-mouth advertising. When your paralegals make clients feel like they and their cases are a top priority, they provide a priceless service to your clients and your firm.
Cost savings: Of course paralegals do not earn as much as associates and partners. But when they perform work that those lawyers would otherwise need to do, they can save your firm considerable money. You can reduce your overhead, decrease legal fees, and become more competitive.
Additional revenue: Paralegal time can also be billed out separately to create a revenue stream for your firm. Under the supervision of an attorney, paralegal work can be billed on a flat fee basis or at an hourly rate. The ABA recommends a rule-of-three approach with regard to billing where paralegal services generate three times their salaries.
Paralegals provide invaluable services to attorneys and clients. If you’ve ever considered a career in the legal field, check out the Paralegal Studies programs at Career Quest Learning Centers. You could earn your Associate of Applied Science degree in Paralegal Studies in as little as 15 months and enter this exciting profession.
Call us today in Jackson at 877-365-8144 or Lansing at 877-481-4930 to learn more.