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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 | Bankruptcy Specialist | |
| Yearly salary | $141,227 | $35,498 |
| Hourly rate | $67.90 | $17.07 |
| Growth rate | 10% | 10% |
| Number of jobs | 58,508 | 4,381 |
| Job satisfaction | - | - |
| Most common degree | Doctoral Degree, 51% | Bachelor's Degree, 50% |
| Average age | 46 | 46 |
| Years of experience | 4 | 4 |
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.
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.
Assistants general counsel and bankruptcy specialists have different pay scales, as shown below.
| Assistant General Counsel | Bankruptcy Specialist | |
| Average salary | $141,227 | $35,498 |
| Salary range | Between $93,000 And $214,000 | Between $27,000 And $46,000 |
| Highest paying City | San Francisco, CA | Norfolk, VA |
| Highest paying state | California | California |
| Best paying company | Coty | The PNC Financial Services Group |
| Best paying industry | Utilities | Finance |
There are a few differences between an assistant general counsel and a bankruptcy specialist in terms of educational background:
| Assistant General Counsel | Bankruptcy Specialist | |
| Most common degree | Doctoral Degree, 51% | Bachelor's Degree, 50% |
| Most common major | Law | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between assistants general counsel' and bankruptcy specialists' demographics:
| Assistant General Counsel | Bankruptcy Specialist | |
| Average age | 46 | 46 |
| Gender ratio | Male, 59.5% Female, 40.5% | Male, 31.0% Female, 69.0% |
| Race ratio | Black 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 Percentage | 10% | 10% |