How the Virtual Paralegal Assistants can profit attorneys, not only in their business but also in their wallet.
United States of America (Press Release) January 6, 2008 --
Want to SAVE over $60,000 in business expenses this year? If you answered yes, read on ...
A cost comparison for a full-time employee versus a Virtual Paralegal
COST COMPARISON Full-time Employee Virtual Paralegal
Hourly Rate of Pay $20.00 $35.00
Fringe Benefits @ 35%
(Health/Dental/
Life Insurance,
Retirement Plans) 7.00 None
Overhead Rate @ 50%
(Office Space, Equipment
& Office Supply expense,
UI Insurance, Worker's
Compensation, Overtime Pay,
Administration Costs) $10.00 None
Total Effective Rate of Pay $37.00 $35.00
**Hours Per Year 2,080 hrs. 480 hrs
TOTAL Annual Labor Cost $76,960.00 $16,800.00
Difference = $60,160.00 per year
By hiring a Virtual Paralegal...
You SAVE over $60,000.00 per year!
Although the Virtual Paralegal's hourly rate is more than the employee's rate in the first place, you save the cost of benefits and overhead that would have to be applied to the new employee's wage. And, because Virtual Assistant's are usually more experienced, more efficient, and better connected than the employee, you'll need to devote far less time to the project to get the same results, only 480 hours a year versus 2,080 for the new employee.
**Remember, with a Virtual Paralegals, you only pay for the time on task by the minute! No more paying for socializing, hour long lunches or frequent trips to the washroom.
Your employee's 8 hour day can be crunched into 3-4 hours with a Virtual Paralegal.
Save Money and Hire Your Virtual Assistant Today!
A cost comparison for a full-time employee versus a Virtual Paralegal
COST COMPARISON Full-time Employee Virtual Paralegal
Hourly Rate of Pay $20.00 $35.00
Fringe Benefits @ 35%
(Health/Dental/
Life Insurance,
Retirement Plans) 7.00 None
Overhead Rate @ 50%
(Office Space, Equipment
& Office Supply expense,
UI Insurance, Worker's
Compensation, Overtime Pay,
Administration Costs) $10.00 None
Total Effective Rate of Pay $37.00 $35.00
**Hours Per Year 2,080 hrs. 480 hrs
TOTAL Annual Labor Cost $76,960.00 $16,800.00
Difference = $60,160.00 per year
By hiring a Virtual Paralegal...
You SAVE over $60,000.00 per year!
Although the Virtual Paralegal's hourly rate is more than the employee's rate in the first place, you save the cost of benefits and overhead that would have to be applied to the new employee's wage. And, because Virtual Assistant's are usually more experienced, more efficient, and better connected than the employee, you'll need to devote far less time to the project to get the same results, only 480 hours a year versus 2,080 for the new employee.
**Remember, with a Virtual Paralegals, you only pay for the time on task by the minute! No more paying for socializing, hour long lunches or frequent trips to the washroom.
Your employee's 8 hour day can be crunched into 3-4 hours with a Virtual Paralegal.
Save Money and Hire Your Virtual Assistant Today!
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