Price Comparison

Cost Comparison	Full-time Employee	Freelance
Hourly Rate	$20.00	$45.00***
Fringe Benefits (Health/Insurance/Retirement Plan/PTO)	$7.00	N/A
Overhead Rate (Office Expenses)	$10.00	N/A
Total Effective Rate of Pay	$37.00	$45.00
Est. Hours per Year	2,080 hrs	855 hrs
TOTAL Annual Labor Cost	$76,960	$38,480

***Estimate hourly cost – contract work also available.

By hiring a Virtual Contract Freelancer…You SAVE up to 50% per year!*

By hiring a freelance employee, you get to control how much you spend on employment as your finances/work load fluctuate without having to worry about hurting your team environment. You avoid committing to a full-time employee when maybe your work load is just a wave of extra work for your team’s current size that will fade away in a few months. Or maybe it is just one project that your team needs fresh eyes on or reprieve from being added to their workload. Whatever your company is facing, I can help make the hurdle smoother.

5 Reasons Firms are Hiring Freelancer

Although the Software blog is no longer accessible, author Ben Anton is well known for his on-point explanation of why companies are finding freelancers beneficial.

1. “Increased happiness and job satisfaction”
   • Successful law practice involves a wide spectrum of tasks – from very substantive legal research and analysis, to drafting legal documents, to managing and organizing client and production data and communicating with clients. Hiring a paralegal to assist with document management and simiple drafting tasks, for example, can free a busy attorney up to perform the substantive research, briefing, and client communications most suitted to his or her training and expertise. This makes everyone happier.
2. “Increased efficiency”
   • Virtual paralegal services can make a lawyer more efficient. The ability to delegate tasks to his or her paralegal, be it suitable procedural research, drafting of simple pleadings, or assisting with discovery or trial preparation, enables a lawyer to handle a larger case load and still assure competent representation of each client.
3. “Lower labor costs”
   • Hiring a virtual paralegal can be much more cost efficient than hiring a full-time, in-house paralegal. A virtual paralegal is only paid for time actually worked. No more paying for down time or overtime. In addition, the small office saves the benefit costs associated with employees. And finally, there are no costs for work space, supplies or equipment.
4. “A better office environment”
   • When lawyers, and any staff they do have, are freed to perform those tasks they were hired for, while a virtual paralegal takes care of all suitable paralegal tasks, the work load is eased for everyone. In addition, we all know that deadlines loom at times and create mountains of work that must be gotten through, regardless of the limited number of hands on deck or hours in the day. A virtual paralegal can help shoulder the extra load during those crunch times.
5. An Added Tool
   • With a virtual paralegal, lawyers have an added tool at their disposal for assuring that each task in each of their cases is being handled, and nothing is falling through the cracks. This enables lawyers to assure that each clients receives the attention and excellent legal services he or she deserves. It enables lawyers to be as responsive as possible to all their clients, which provides a competitive advantage in today’s competitive market.

Anton’s article appears to be from 2010, yet, the use of freelancers in the current job market has increased and is predicted to increase around 15% faster than the traditional job market.