Pros
I've been working at Paragon for a few months and feel incredibly lucky to have found this opportunity. After having worked at law firms and as in-house counsel in the past, I wondered whether it was really possible to have a flexible schedule as an attorney. I'm happy to say that this is the first job I've had in over ten years where I feel there is a sustainable work/life balance. I think Paragon has done a great job of partnering with clients who understand and value this concept, which may be why this model works. I happen to work with a smaller client and really enjoy the variety of work I get to handle there. Paragon management are also friendly and responsive. Overall, Paragon is a great alternative for those not on the traditional law career path.
Cons
I work on a part time project so I don't qualify for some of the benefits, and as others have mentioned, compensation is fixed. Job security may be an issue, particularly for those with short term projects. This did not bother me as much because I was looking for flexible part time work rather than a full time schedule.