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Bankruptcy assistant vs corporate paralegal

The differences between bankruptcy assistants and corporate paralegals can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-12 months to become both a bankruptcy assistant and a corporate paralegal. Additionally, a corporate paralegal has an average salary of $67,515, which is higher than the $62,179 average annual salary of a bankruptcy assistant.

The top three skills for a bankruptcy assistant include pacer, pleadings and bankruptcy court. The most important skills for a corporate paralegal are litigation, corporate governance, and legal research.

Bankruptcy assistant vs corporate paralegal overview

Bankruptcy AssistantCorporate Paralegal
Yearly salary$62,179$67,515
Hourly rate$29.89$32.46
Growth rate14%14%
Number of jobs2,13913,482
Job satisfaction-5
Most common degreeBachelor's Degree, 52%Bachelor's Degree, 61%
Average age4646
Years of experience1212

Bankruptcy assistant vs corporate paralegal salary

Bankruptcy assistants and corporate paralegals have different pay scales, as shown below.

Bankruptcy AssistantCorporate Paralegal
Average salary$62,179$67,515
Salary rangeBetween $40,000 And $95,000Between $42,000 And $106,000
Highest paying City-San Francisco, CA
Highest paying state-California
Best paying company-Cleary Gottlieb Steen & Hamilton
Best paying industry-Finance

Differences between bankruptcy assistant and corporate paralegal education

There are a few differences between a bankruptcy assistant and a corporate paralegal in terms of educational background:

Bankruptcy AssistantCorporate Paralegal
Most common degreeBachelor's Degree, 52%Bachelor's Degree, 61%
Most common majorBusinessLegal Support Services
Most common collegeTexas Wesleyan UniversityUniversity of Pennsylvania

Bankruptcy assistant vs corporate paralegal demographics

Here are the differences between bankruptcy assistants' and corporate paralegals' demographics:

Bankruptcy AssistantCorporate Paralegal
Average age4646
Gender ratioMale, 19.9% Female, 80.1%Male, 20.8% Female, 79.2%
Race ratioBlack or African American, 8.2% Unknown, 4.7% Hispanic or Latino, 21.6% Asian, 5.4% White, 59.7% American Indian and Alaska Native, 0.4%Black or African American, 9.5% Unknown, 4.9% Hispanic or Latino, 19.4% Asian, 5.8% White, 60.0% American Indian and Alaska Native, 0.4%
LGBT Percentage9%9%

Differences between bankruptcy assistant and corporate paralegal duties and responsibilities

Bankruptcy assistant example responsibilities.

  • Perform UCC searches to obtain a clear insight on any liens on assets manage by the trustee.
  • Manage active caseload of labor arbitrations.
  • Monitor cases for enter relief orders and/or dismissal orders and close files upon completion.
  • Prepare and file motion for relief, proof of claims and default orders on behalf of the mortgage companies.
  • Draft and file foreclosure documents.
  • Prepare loan modification packages, filing lawsuits, coordinating foreclosure sales, reviewing bankruptcy schedules.
  • Show more

Corporate paralegal example responsibilities.

  • Manage a team of five to prepare over 100 UCC-1 forms to meet a 48 hour deadline.
  • Achieve sole responsibility for administration of all estates and guardianships.
  • Prepare documents such as estoppel certificates, subordination agreements and commencement agreements.
  • Collect and prepare information and draft answers to department litigation including informational statements, pleadings, and affidavits.
  • Involve in all aspects of litigation support including legal research, factual investigations, document review/management, and trial preparation.
  • Analyze and review of new and existing commercial lease agreements, estoppel certificates, subordination and non-disturbance agreements and lease amendments.
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Bankruptcy assistant vs corporate paralegal skills

Common bankruptcy assistant skills
  • Pacer, 18%
  • Pleadings, 12%
  • Bankruptcy Court, 11%
  • Debtor, 11%
  • Credit Reports, 11%
  • Real Estate Brokers, 4%
Common corporate paralegal skills
  • Litigation, 9%
  • Corporate Governance, 7%
  • Legal Research, 6%
  • Mergers, 5%
  • Securities, 5%
  • Excellent Organizational, 4%