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I'm not a certified paralegal, and I don't really see much value in the certification of them. At least not here.
When we hire people at my firm, we look at the experience they have in our specific area (litigation.) To judge their experience, we talk to them. If they don't know what they are talking about, we don't hire them.
We have interviewed a lot of people that have come out of certification programs who may know a little bit about a lot of areas of law, but they have no clue about the details of any one area. (Obviously, we only look at our area.)
Some of our staff have certificates, but they get no extra pay because of it. They get extra pay when they show they are skilled.
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