The ABA Journal reports that paralegals and legal assistants are assuming a much greater and diversified role in modern legal practices.  The article, based on the 2012 Survey of Law Firm Economics, begins as follows:

Is time running backward for today’s law firm paralegals? These nonlawyer staffers were among the first to be hit with layoffs as the legal practice economy took a dive. According to the 2012 Survey of Law Firm Economics (PDF), law offices averaged 30 paralegals per 100 lawyers in the early 2000s, and by 2012 that average had dipped to slightly more than 20 paralegals per 100 lawyers.

Read full article at Paralegals and legal assistants are taking on expanded duties.

Posted by Lewis J. Saret, Co-General Editor, Wealth Strategies Journal.