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Assistant general counsel vs bankruptcy specialist

The differences between assistants general counsel and bankruptcy specialists can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both an assistant general counsel and a bankruptcy specialist. Additionally, an assistant general counsel has an average salary of $141,227, which is higher than the $35,498 average annual salary of a bankruptcy specialist.

The top three skills for an assistant general counsel include legal advice, litigation and legal issues. The most important skills for a bankruptcy specialist are relief, pacer, and foreclosure.

Assistant general counsel vs bankruptcy specialist overview

Assistant General CounselBankruptcy Specialist
Yearly salary$141,227$35,498
Hourly rate$67.90$17.07
Growth rate10%10%
Number of jobs58,5084,381
Job satisfaction--
Most common degreeDoctoral Degree, 51%Bachelor's Degree, 50%
Average age4646
Years of experience44

What does an assistant general counsel do?

An assistant general counsel helps the general counsel in giving professional legal services to an entity, such as protecting its legal affairs. He/She or she also helps stakeholders such as legal and executive managers and board of directors for the efficient execution of their roles. The position requires essential skills such as good research, analytical, interpersonal skills, and a keen eye for details. The education requirements for the job include obtaining a bachelor's or master's degree in law, business, political science, and a related field.

What does a bankruptcy specialist do?

The bankruptcy specialist is responsible for filing and documentation loan bankruptcy materials with the appropriate attorneys. They ensure full compliance with loan bankruptcy regulations and monitor accounts throughout the loan bankruptcy process to contact the appropriate party when necessary. A bankruptcy specialist might be an administrator or lawyer in a bankruptcy office and supports bankruptcy law. They are likely to evaluate state declaration and affidavits for legal progression, interact with customers and outside counsel about bankruptcy proceedings through written and verbal communication, and work with local counsel and upper management in effectively reviewing client's files.

Assistant general counsel vs bankruptcy specialist salary

Assistants general counsel and bankruptcy specialists have different pay scales, as shown below.

Assistant General CounselBankruptcy Specialist
Average salary$141,227$35,498
Salary rangeBetween $93,000 And $214,000Between $27,000 And $46,000
Highest paying CitySan Francisco, CANorfolk, VA
Highest paying stateCaliforniaCalifornia
Best paying companyCotyThe PNC Financial Services Group
Best paying industryUtilitiesFinance

Differences between assistant general counsel and bankruptcy specialist education

There are a few differences between an assistant general counsel and a bankruptcy specialist in terms of educational background:

Assistant General CounselBankruptcy Specialist
Most common degreeDoctoral Degree, 51%Bachelor's Degree, 50%
Most common majorLawBusiness
Most common collegeStanford UniversityStanford University

Assistant general counsel vs bankruptcy specialist demographics

Here are the differences between assistants general counsel' and bankruptcy specialists' demographics:

Assistant General CounselBankruptcy Specialist
Average age4646
Gender ratioMale, 59.5% Female, 40.5%Male, 31.0% Female, 69.0%
Race ratioBlack or African American, 5.4% Unknown, 4.4% Hispanic or Latino, 7.7% Asian, 6.3% White, 76.0% American Indian and Alaska Native, 0.3%Black or African American, 5.7% Unknown, 4.4% Hispanic or Latino, 7.9% Asian, 6.5% White, 75.2% American Indian and Alaska Native, 0.3%
LGBT Percentage10%10%

Differences between assistant general counsel and bankruptcy specialist duties and responsibilities

Assistant general counsel example responsibilities.

  • Manage debt and equity offerings and relate disclosure under applicable state and federal securities laws.
  • Manage the litigation referral process; work with examiners and investigators preparing subpoenas, taking witness testimony and reviewing documentary evidence.
  • Assist in liaising with insurance authorities, responding to regulatory inquiries and managing relationship with region from legal and business perspective.
  • Draft and assist in the implementation of data use authorizations with all clinical trial sites to ensure compliance with HIPAA regulations.
  • Advise clients on many legal matters in pharmacy services administration, audits, HIPAA, and health care issues in general.
  • Coordinate defective pricing reviews, post award audits and conduct internal ethics investigations.
  • Show more

Bankruptcy specialist example responsibilities.

  • Achieve award for increasing efficiency by extensively communicating with debtors' attorneys and monitoring trustee activities on a daily basis.
  • Provide training and support to other analysts regarding negotiation of litigation and contest bankruptcy matters.
  • Prepare cases for litigation, facilitate appropriate management of attorneys to insure proper representation of bank.
  • Develop SEO marketing initiatives that range from keyword research to competitive analysis and generate weekly reports analyzing clients' traffic trends
  • Provide comprehensive counseling to consumers regarding affordable housing programs, first-time homebuyer programs, and post-purchase education.
  • Maintain up-to-date information on lending and homebuyer assistance programs, assist with evaluating the housing counseling services provide by stimulus monies.

Assistant general counsel vs bankruptcy specialist skills

Common assistant general counsel skills
  • Legal Advice, 10%
  • Litigation, 10%
  • Legal Issues, 7%
  • Legal Support, 5%
  • Legal Research, 5%
  • Legal Services, 4%
Common bankruptcy specialist skills
  • Relief, 8%
  • Pacer, 7%
  • Foreclosure, 6%
  • MSP, 5%
  • Bankruptcy Court, 4%
  • Debtor, 4%