It is not really easy to estimate the document review salaries as several variables will influence the take home pay.
For instance some of these will include:
- Your experience and qualifications;
- The languages you speak;
- If you’re working through an agency or independently;
- How you will be taxed (PAYE, Umbrella, Limited as explained here).
As a general rule the rate for an entry level document review job for a qualified lawyer will span from 15 £ to 18 £ per hour.
A very experienced document review lawyer contracting directly with the client for a document review project in a foreign language will be offered an extremely competitive rate, up to 50 £ per hour.
Other details will influence the total take home pay and it’s worth clarifying them before accepting a proposal:
Overtime: always ask if overtime will be available, and if so what the rate will be. Some projects will require you to work 40 hours per week, but sometimes your client will ask you to work over the 40 hours limit, possibly including weekends. Projects with overtime are highly desirable, as it can be paid up to twice the standard hourly rate.
Project duration and possible extensions: needless to say- the longer you work, the more you get paid!
Language requirements: the document review job market is ruled by supply and demand, as any other market. If you can supply a product (your language skills in this instance) that is scarcely available, the market will probably be willing to pay you a premium. We’ve recently seen exceptional rates for Mandarin and German speakers.
Qualifications: document reviewers can be divided in 4 main categories, based on the rates they will be get paid 1. Paralegals (i.e. non- qualified lawyers); 2. Non – EU Foreign qualified lawyers; 3. EU qualified lawyers; 4.Qualified Lawyers in England and Wales (often includes Lawyers qualified in other Common Law jurisdictions such as Australia, New Zealand, US and South Africa).
Notice period: during your assignment you may be offered another project at a better rate or with improved conditions – it’s better to be sure what notice you will have to give before you can join the other project.
Finally remember that the rates are always gross, meaning that depending on your circumstances you will have to deduct taxes and NIN. If you want to know more about taxation, read the full article here.