Episode Summary:

In this episode, Ann Pearson shares essential advice for paralegals considering the leap into freelance work. She underscores the importance of building a strong foundation first, highlighting why paralegals with fewer than five years of experience may not yet have the reputation or client base needed to thrive independently.

Ann also explores common misconceptions about freelance work, warning against using it as a fallback when salaried roles are scarce. From losing benefits to navigating the saturated market of overseas competitors, she lays out the real challenges of going solo. Tune in for a grounded, practical perspective on whether freelancing is the right next step for your legal career.

Key Takeaways:

• Freelance work requires a strong professional reputation and client base, often difficult for those with less than five years' experience to achieve.

• Consider the long-term benefits and career stability of traditional employment, such as retirement contributions and health insurance.

• The competitive field now includes foreign freelance paralegal firms offering lower rates, impacting local pricing.

• Operating a freelance business entails financial costs and logistical challenges that can impact profitability.

• Building a career within an organization first can lead to greater initial financial security and professional growth.

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