{"id":185472,"date":"2021-12-09T14:00:00","date_gmt":"2021-12-09T14:00:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2961772"},"modified":"2021-12-09T14:00:00","modified_gmt":"2021-12-09T14:00:00","slug":"alm-announces-the-release-of-the-2021-alm-ipma-annual-compensation-survey-results","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2021\/12\/09\/alm-announces-the-release-of-the-2021-alm-ipma-annual-compensation-survey-results\/","title":{"rendered":"ALM Announces the Release of The 2021 ALM\/IPMA Annual Compensation Survey Results"},"content":{"rendered":"<p><img decoding=\"async\" width=\"300\" height=\"97\" src=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2021\/12\/1079-alm_tagline-2015_small_300x90.png\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"1079 alm tagline\" loading=\"lazy\" style=\"display: block; margin-bottom: 5px; clear:both;max-width: 100%;\" link_thumbnail=\"\" title=\"ALM Announces the Release of The 2021 ALM\/IPMA Annual Compensation Survey Results 2\"><\/p>\n<p><em><span style=\"font-weight: 400;\">The essential guide to <\/span><\/em><em><span style=\"font-weight: 400;\">compensation for paralegals and other practice support professional<\/span><\/em><\/p>\n<p><strong>New York, NY \u2013 December 9, 2021<\/strong><span style=\"font-weight: 400;\"> \u2013 In collaboration with The International Practice Management Association (IPMA), ALM Intelligence is pleased to announce the release of the results of its annual<\/span><em><span style=\"font-weight: 400;\"> Compensation Survey for Paralegals, Practice Support Professionals, and Managers. <\/span><\/em><span style=\"font-weight: 400;\">The report, which contains detailed salary and benefits data arranged in an easy-to-understand format, is a valuable tool for law firms and legal departments looking to attract, motivate and retain top talent.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Highlights from this year\u2019s report include:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Paralegal Managers earned an average annual bonus of $16,872, while Paralegal Directors earned an average annual bonus of $33,655.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Paralegals billed 1,370 hours on average at an average rate of $300 per hour.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The average billing rate for Paralegals is highest in the Pacific region at $347 per hour and lowest in the East South Central region at $188 per hour.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The average base compensation for Litigation Support\/Technology\/eDiscovery Directors and Managers is $98 per hour.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">\u201cThrough our partnership with IPMA, we produce this industry-leading report that enables law firms and legal departments to benchmark their compensation packages, said <\/span><strong>Michelle Matroni, Sr. Research Manager and Legal Rankings Lead, ALM Intelligence<\/strong><span style=\"font-weight: 400;\">. It helps ensure they are attracting &amp; retaining the best support staff possible.\u201d\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The data in this report is from a survey conducted from mid-June to late September 2021. A total of 71 organizations responded, encompassing a total of 5,101 positions. <\/span><span style=\"font-weight: 400;\">The report is the essential g<\/span><span style=\"font-weight: 400;\">uide to compensation for paralegals and other practice support professionals.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To purchase the report, visit:\u00a0<\/span><a href=\"https:\/\/www.alm.com\/intelligence\/solutions-we-provide\/business-of-law-solutions\/surveys-rankings-and-reports\/surveys-rankings-and-reports-list\/almipma-annual-compensation-survey-for-paralegals-practice-support-professionals-and-managers\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">ALM\/IPMA Annual Compensation Survey for Paralegals, Practice Support Professionals, and Managers.<\/span><\/a><\/p>\n<p><strong>About ALM Intelligence<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">ALM Intelligence provides proprietary data, analysis, tools, and knowledge that empower our clients to succeed. The product suite and vast data repository arm professionals with the critical business information required to make the most impactful and informed decisions possible. The exhaustive data repository and product functionality enable professionals to combat competitive challenges head-on with the confidence to remain ahead of the field. The depth of ALM Intelligence\u2019s expertise across the benefits, insurance, consulting, and legal industries provide a broad spectrum of actionable intelligence to facilitate and execute strategy. Visit <\/span><a href=\"https:\/\/www.alm.com\/intelligence\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">https:\/\/www.alm.com\/intelligence<\/span><\/a><span style=\"font-weight: 400;\"> for more information.<\/span><\/p>\n<p><strong>About ALM<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">ALM, an information and intelligence company, provides customers with critical news, data, analysis, marketing solutions, and events to successfully manage the business of law. ALM serves a community of over 6 million business professionals seeking to discover, connect, and compete in highly complex industries. Please visit <\/span><a href=\"https:\/\/www.alm.com\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">www.alm.com<\/span><\/a><span style=\"font-weight: 400;\"> for more information, and visit <\/span><a href=\"https:\/\/www.alm.com\/events\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">www.alm.com\/events\/<\/span><\/a><span style=\"font-weight: 400;\"> to learn about our upcoming events. Please follow us on Twitter at <\/span><a href=\"https:\/\/twitter.com\/almmedia?lang=en\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">@ALMMedia<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p class=\"tags\">Tags: <a href=\"https:\/\/icrowdnewswire.com\/tag\/compensation-benchmarking\/\" rel=\"tag noopener\" target=\"_blank\">compensation benchmarking<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/alm-intelligence\/\" rel=\"tag noopener\" target=\"_blank\">ALM Intelligence<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/compensation-survey\/\" rel=\"tag noopener\" target=\"_blank\">Compensation Survey<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/compensation\/\" rel=\"tag noopener\" target=\"_blank\">compensation<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/practice-support-professionals\/\" rel=\"tag noopener\" target=\"_blank\">Practice Support Professionals<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/paralegal-compensation\/\" rel=\"tag noopener\" target=\"_blank\">Paralegal Compensation<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/ipma\/\" rel=\"tag noopener\" target=\"_blank\">IPMA<\/a> <\/p>\n<div><strong>See Campaign: <\/strong><a href=\"http:\/\/www.alm.com\" target=\"_blank\" rel=\"noopener\">http:\/\/www.alm.com<\/a><br \/><b>Contact Information:<\/b><br \/>Eliza Sawyer <a href=\"mailto:esawyer@alm.com\">esawyer@alm.com<\/a><\/p>\n<p><b>Tags:<\/b><br \/><a href=\"https:\/\/icrowdnewswire.com\/category\/pr-wirein\/\" rel=\"category tag noopener\" target=\"_blank\">PR-Wirein<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/financial-content\/\" rel=\"category tag noopener\" target=\"_blank\">Financial Content<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/reportedtimes\/\" rel=\"category tag noopener\" target=\"_blank\">Reportedtimes<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/ips\/\" rel=\"category tag noopener\" target=\"_blank\">IPS<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/menafn\/\" rel=\"category tag noopener\" target=\"_blank\">Menafn<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/google-news\/\" rel=\"category tag noopener\" target=\"_blank\">Google News<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/extended-distribution\/\" rel=\"category tag noopener\" target=\"_blank\">Extended Distribution<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/icn-internal-distribution\/\" rel=\"category tag noopener\" target=\"_blank\">iCN Internal Distribution<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/legal-newswire\/\" rel=\"category tag noopener\" target=\"_blank\">Legal Newswire<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/law-com-newswire\/artificial-intelligence\/legal-tech\/\" rel=\"category tag noopener\" target=\"_blank\">Legal Tech<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/law-com-newswire\/legal-technology\/\" rel=\"category tag noopener\" target=\"_blank\">Legal Technology<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/language\/english\/\" rel=\"category tag noopener\" target=\"_blank\">English<\/a><\/p>\n<\/div>\n<div>\n<h3>Contact Information:<\/h3>\n<p>Eliza Sawyer<br \/> <a href=\"mailto:esawyer@alm.com\">esawyer@alm.com<\/a><\/p>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The essential guide to compensation for paralegals and other practice support professional New York, NY &ndash; December 9, 2021 &ndash; In collaboration with The International Practice Management Association (IPMA), ALM Intelligence is pleased to announce the release of the results of its annual Compensation Survey for Paralegals, Practice Support Professionals, and Managers. The report, which [&hellip;] <a href=\"https:\/\/ipsnews.net\/business\/2021\/12\/09\/alm-announces-the-release-of-the-2021-alm-ipma-annual-compensation-survey-results\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":291,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-185472","post","type-post","status-publish","format-standard","hentry","category-press-release"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>ALM Announces the Release of The 2021 ALM\/IPMA Annual Compensation Survey Results - Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ipsnews.net\/business\/2021\/12\/09\/alm-announces-the-release-of-the-2021-alm-ipma-annual-compensation-survey-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ALM Announces the Release of The 2021 ALM\/IPMA Annual Compensation Survey Results - Business\" \/>\n<meta property=\"og:description\" content=\"The essential guide to compensation for paralegals and other practice support professional New York, NY &ndash; December 9, 2021 &ndash; In collaboration with The International Practice Management Association (IPMA), ALM Intelligence is pleased to announce the release of the results of its annual Compensation Survey for Paralegals, Practice Support Professionals, and Managers. 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