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What is the real job outlook for paralegals?

Asked by formerfuturelawyer (22points) September 20th, 2011

I’ve been a paralegal for a few years now, and try to keep up to date on the future of this “profession” as I plot my career trajectory. With the declining legal market, I worry my job is in jeopardy, I think by virtue of the economy and law firms trying to remain competitive by cutting costs, but every now and then I see articles on the Wall Street Journal (like their Path to Professions guide) which would indicate it’s a growing field. However, when I look at sites like Indeed and check their job trends I start to think differently.

What do you all think? Is the paralegal para-profession doomed? Are there other careers I should check out? I’m thinking accounting, law firm management, health care compliance, contract administration, and sales, but could use some advice here. I do not want to go to law school, which countless articles suggest it’s simply not worth the investment. (Now, if they had a two-year degree for law followed by a state-administered exam like the CPA exam, I might be interested…)

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