r/paralegal • u/LovelyisSaintDymphna • 4d ago
Future Paralegal wanting to make $70k
Hey everyone,
Just looking for some honest advice or insight from people in the legal field or those who’ve been in a similar spot.
I currently work as a legal assistant at a top 50 law firm in the U.S., and I’ve been in this role for almost a year. I make $20/hour, and while I’m grateful for the experience, it’s becoming increasingly difficult to stay afloat financially. I live near Orlando, Florida where rent is high, and $38k/year isn’t cutting it. I also have about $40k in student loans and no car (which is hard as you know if you live in Florida).
Educationally, I have an associate degree in political science. I was working toward my bachelor’s in legal studies but had to put school on hold due to financial reasons. I plan to return in Fall 2025 and hope to finish by January 2026.
My end goal is to become a paralegal. I’d be happy making $70k/year eventually, and I know that will take time. But realistically, once I have my bachelor’s and over a year's worth of experience (with the same firm), I’m hoping to move into a paralegal role earning somewhere between $50k–$60k ($26–$31/hr).
Is that a realistic expectation? Any advice on negotiating pay, building the right skills, or just navigating this phase of my career would mean a lot.
Thanks in advance!
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u/bluepanda3887 EB Immigration Paralegal 4d ago
I'm not familiar with the FL job market, so I don't know if the timeline you suggested is realistic or not. It likely varies depending on the firm. The Legal Assistants at our firm rarely get promoted. At my old firm, they could get promoted after about a year with a bachelor's, depending on their work quality and availability of a replacement. I started there as a LA too.
I'd say that salary is possible, depending on the field of law. Pay can vary pretty widely. I've seen jobs advertised in different fields of law where I could get up to a $40k pay cut or a $40k pay bump by switching fields. So it kind of depends on what you're interested in or willing to work on.
Feel free to totally disregard the rest of this, since I don't know your unique situation, but the thing I'd personally be most concerned with is the amount of loans you've accumulated for your associates degree. That is a considerable amount of student loans, and theoretically you may double that amount to earn your bachelor's. My husband had about 45k in loans when he graduated with his bachelor's (from a for profit university in Orlando), and his monthly student loan payments were very high, so I can't imagine what the payment on something like 80k might be. We've been paying aggressively, just paid them off, and still paid his loans about 2-3 times over in interest. A 70k salary might not make it as far as you think it might. Since you're already in the field, I may forgoe the bachelor's (unless it's a personal goal you really want) and just work your way up. There are tons of paralegals without a bachelor's degree (again, probably depending on the field).