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Bankruptcy assistant vs summer associate

The differences between bankruptcy assistants and summer associates 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 summer associate. Additionally, a bankruptcy assistant has an average salary of $62,179, which is higher than the $42,349 average annual salary of a summer associate.

The top three skills for a bankruptcy assistant include pacer, pleadings and bankruptcy court. The most important skills for a summer associate are powerpoint, litigation, and financial models.

Bankruptcy assistant vs summer associate overview

Bankruptcy AssistantSummer Associate
Yearly salary$62,179$42,349
Hourly rate$29.89$20.36
Growth rate14%14%
Number of jobs2,1397,546
Job satisfaction--
Most common degreeBachelor's Degree, 52%Bachelor's Degree, 72%
Average age4646
Years of experience1212

Bankruptcy assistant vs summer associate salary

Bankruptcy assistants and summer associates have different pay scales, as shown below.

Bankruptcy AssistantSummer Associate
Average salary$62,179$42,349
Salary rangeBetween $40,000 And $95,000Between $22,000 And $81,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-Crowell & Moring
Best paying industry-Professional

Differences between bankruptcy assistant and summer associate education

There are a few differences between a bankruptcy assistant and a summer associate in terms of educational background:

Bankruptcy AssistantSummer Associate
Most common degreeBachelor's Degree, 52%Bachelor's Degree, 72%
Most common majorBusinessLaw
Most common collegeTexas Wesleyan UniversityUniversity of Pennsylvania

Bankruptcy assistant vs summer associate demographics

Here are the differences between bankruptcy assistants' and summer associates' demographics:

Bankruptcy AssistantSummer Associate
Average age4646
Gender ratioMale, 19.9% Female, 80.1%Male, 57.0% Female, 43.0%
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, 10.0% Unknown, 4.9% Hispanic or Latino, 15.2% Asian, 6.0% White, 63.4% American Indian and Alaska Native, 0.4%
LGBT Percentage9%9%

Differences between bankruptcy assistant and summer associate 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

Summer associate example responsibilities.

  • Manage client expenses and prepare billing and financial statements using PClaw and reconcile attorney's escrow and general accounts using QuickBooks.
  • Gather and analyze statutes, decisions, legal articles and codes using Lexis Nexis research software.
  • Perform citation checks and proofread supervisor's work before publishing.
  • Proofread, edit, and research various issues relate to a forthcoming law review article submission focusing on animal law
  • Perform firm strategy research and create PowerPoint presentations for management and executive teams.
  • Prepare PowerPoint presentations on regulatory and policy matters affecting the health care industry.
  • Show more

Bankruptcy assistant vs summer associate skills

Common bankruptcy assistant skills
  • Pacer, 18%
  • Pleadings, 12%
  • Bankruptcy Court, 11%
  • Debtor, 11%
  • Credit Reports, 11%
  • Real Estate Brokers, 4%
Common summer associate skills
  • PowerPoint, 16%
  • Litigation, 13%
  • Financial Models, 12%
  • Due Diligence, 6%
  • Legal Memos, 5%
  • Private Equity, 4%