The Annual ALM/IPMA Compensation Survey for Paralegals and Managers provides a wealth of data for law firms and law departments to benchmark paralegal compensation and management practice
New York, NY - March 23, 2023 - ALM, in collaboration with the International Paralegal Management Association (IPMA), announced the launch of the Annual Compensation Survey for Paralegals, Practice Support Professionals, and Managers. The data collected in this survey is an essential guide to law firm support staff compensation. It provides information needed to attract, motivate and retain top talent while controlling costs.
"Through our partnership with IPMA, we produce an industry-leading report that allows law firms and legal departments to benchmark their compensation packages," said Kayla McCaleb, Research Manager & Compensation Research Lead, ALM Intelligence. "Results from our Annual Compensation Survey for Paralegals, Practice Support Professionals, and Managers will enable decision-makers to ensure that their firms are attracting and retaining the best support staff possible.
"The survey runs until May 3, 2023. All information collected from participants will be kept entirely confidential to protect the privacy of respondents. At the survey's close, ALM Intelligence will aggregate and analyze the data to yield a comprehensive report containing compensation and benefit practices for law firm support staff. Seven paralegal positions are listed-from clerk to paralegal director-as well as three litigation support titles and three docket clerk titles. Metrics in the report include salary and bonus, billing rates, and billable hours, as well as the analysis of law firm and corporate law department positions separately. Compensation data by position is further stratified (where there is sufficient data to analyze) by years in the profession, size of the organization, and practice area.
"The ALM/IPMA Survey continues to collect essential salary data for law firm support staff. This data will allow leading U.S. firms to develop competitive compensation packages," said Carole Clark, Director of Survey Research, ALM Intelligence. "This is especially important as firms navigate the War for Talent.
"If you would like to participate in this year's survey, please go to: https://alm.co1.qualtrics.com/jfe/form/SV_7TYbx1Pnc6b17Uy
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