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Bankruptcy paralegal vs contractor-paralegal

The differences between bankruptcy paralegals and contractor-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 paralegal and a contractor-paralegal. Additionally, a contractor-paralegal has an average salary of $60,686, which is higher than the $55,485 average annual salary of a bankruptcy paralegal.

The top three skills for a bankruptcy paralegal include pacer, litigation and debtor. The most important skills for a contractor-paralegal are litigation, legal research, and discovery responses.

Bankruptcy paralegal vs contractor-paralegal overview

Bankruptcy ParalegalContractor-Paralegal
Yearly salary$55,485$60,686
Hourly rate$26.68$29.18
Growth rate14%14%
Number of jobs7,25915,609
Job satisfaction--
Most common degreeBachelor's Degree, 47%Bachelor's Degree, 53%
Average age4646
Years of experience1212

What does a bankruptcy paralegal do?

A Bankruptcy Paralegal assists lawyers and their clients through the bankruptcy process. Their primary duties include collecting and reviewing paperwork for petitions, drafting pleadings, and preparing all documents required by the bankruptcy court.

What does a contractor-paralegal do?

A Contractor-Paralegal works for a law firm or corporate legal department for a specified amount of time, or for a specified task. They can be specialized in the entertainment industry or in providing services to healthcare companies and insurance providers.

Bankruptcy paralegal vs contractor-paralegal salary

Bankruptcy paralegals and contractor-paralegals have different pay scales, as shown below.

Bankruptcy ParalegalContractor-Paralegal
Average salary$55,485$60,686
Salary rangeBetween $30,000 And $102,000Between $37,000 And $99,000
Highest paying City-Camarillo, CA
Highest paying state-California
Best paying company-SeaSpine
Best paying industry-Finance

Differences between bankruptcy paralegal and contractor-paralegal education

There are a few differences between a bankruptcy paralegal and a contractor-paralegal in terms of educational background:

Bankruptcy ParalegalContractor-Paralegal
Most common degreeBachelor's Degree, 47%Bachelor's Degree, 53%
Most common majorLegal Support ServicesLegal Support Services
Most common collegeUniversity of PennsylvaniaHarvard University

Bankruptcy paralegal vs contractor-paralegal demographics

Here are the differences between bankruptcy paralegals' and contractor-paralegals' demographics:

Bankruptcy ParalegalContractor-Paralegal
Average age4646
Gender ratioMale, 20.3% Female, 79.7%Male, 26.8% Female, 73.2%
Race ratioBlack or African American, 8.9% Unknown, 4.8% Hispanic or Latino, 20.2% Asian, 5.6% White, 60.1% American Indian and Alaska Native, 0.4%Black or African American, 9.5% Unknown, 4.9% Hispanic or Latino, 19.1% Asian, 5.8% White, 60.4% American Indian and Alaska Native, 0.4%
LGBT Percentage9%9%

Differences between bankruptcy paralegal and contractor-paralegal duties and responsibilities

Bankruptcy paralegal example responsibilities.

  • Manage and organize all aspects of foreclosure cases coordinating document flow and logistical preparation for complex cases.
  • Manage large volume of documents, enabling attorneys to easily identify key documents that are critical for mediation and arbitration.
  • Prepare first and final probate court filings.
  • Draft pleadings, research court filings, and communicate with title companies to process real estate foreclosure proceedings.
  • Arrange service of subpoenas and summonses.
  • Initial set up and opening of files; including obtaining court documents from pacer.
  • Show more

Contractor-paralegal example responsibilities.

  • Manage client expenses and prepare billing and financial statements using PClaw and reconcile attorney's escrow and general accounts using QuickBooks.
  • Assist staff counsels in all aspects of litigation management including factual investigation, document preparation, trial preparation and support.
  • Research using Lexis Nexis and online resources.
  • Summarize medical records, check blue-book cites, retrieve statutory and case law on LEXIS ,
  • Complete contract work for local attorneys in the areas of civil, family law, personal injury, and probate matters.
  • Prepare, compile and distribute various PowerPoint presentations.
  • Show more

Bankruptcy paralegal vs contractor-paralegal skills

Common bankruptcy paralegal skills
  • Pacer, 9%
  • Litigation, 9%
  • Debtor, 7%
  • Credit Reports, 7%
  • Law Firm, 6%
  • Bankruptcy Court, 5%
Common contractor-paralegal skills
  • Litigation, 12%
  • Legal Research, 9%
  • Discovery Responses, 7%
  • PowerPoint, 7%
  • In-House Counsel, 5%
  • Contract Database, 5%