Massachusetts Paralegal Agreement - Self-Employed Independent Contractor

State:
Multi-State
Control #:
US-INDC-131
Format:
Word; 
Rich Text
Instant download

Description

Employer contracts with a paralegal as independent contractor to provide paralegal services for employer as specified and agreed upon in the contract. Contract includes confidentiality clause.
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FAQ

There are several advantages for attorneys who hire virtual paralegals as independent contractors including:Billing clients for the entire cost for the contract paralegal.No overhead costs for an employee.No downtime for training.No taxes, benefits or insurance costs.

Remember that an independent contractor is considered to be self-employed, so in effect, you are running your own one-person business. Any income that you earn as an independent contractor must be reported on Schedule C. You'll then pay income taxes on the total profit.

What Is an Independent Contractor? An independent contractor is a self-employed person or entity contracted to perform work foror provide services toanother entity as a nonemployee. As a result, independent contractors must pay their own Social Security and Medicare taxes.

The contract should state who pays which expenses. The contractor is usually responsible for all expenses including mileage, vehicle maintenance, and other business travel costs; work supplies and tools; licenses, fees, and permits; phone and internet expenses; and payments to employees or subcontractors.

A paralegal who is an employee of an attorney. A self-employed person who operates his or her own business and contracts to perform tasks for others. In general, the latter do not control many of the administrative details of how the work is perform.

Freelance paralegals are different than independent paralegals, although the two can sometimes be confused. Freelance paralegals work with law firms and attorneys while independent paralegals provide their services directly to clients.

If you work for an employer, you're an employee. If you're self-employed, you're an independent contractor.

The biggest advantage of being a freelance paralegal is flexibility. This is because running your own business gives you the precedence to set your own hours and pick the jobs that appeal most to you. It also allows you the freedom to set your own rates depending on how much experience and expertise you have.

A 1099 employee is a US self-employed worker that reports their income to the IRS on a 1099 tax form. Freelancers, gig workers, and independent contractors are all considered 1099 employees. In contrast, actual company employees are considered W-2 employees.

Becoming an independent contractor is one of the many ways to be classified as self-employed. By definition, an independent contractor provides work or services on a contractual basis, whereas, self-employment is simply the act of earning money without operating within an employee-employer relationship.

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Massachusetts Paralegal Agreement - Self-Employed Independent Contractor