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Bankruptcy paralegal vs paralegal

The differences between bankruptcy paralegals and 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 paralegal. Additionally, a bankruptcy paralegal has an average salary of $55,485, which is higher than the $49,943 average annual salary of a paralegal.

The top three skills for a bankruptcy paralegal include pacer, litigation and debtor. The most important skills for a paralegal are litigation, legal research, and law firm.

Bankruptcy paralegal vs paralegal overview

Bankruptcy ParalegalParalegal
Yearly salary$55,485$49,943
Hourly rate$26.68$24.01
Growth rate14%14%
Number of jobs7,2595,177
Job satisfaction-5
Most common degreeBachelor's Degree, 47%Bachelor's Degree, 51%
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 paralegal do?

Paralegals are law firm or legal department employees who work on cases with lawyers. They handle different activities, usually administrative or clerical, such as organizing and maintaining files, updating records, and managing correspondences, among others. Paralegals also handle different activities directly related to active cases being worked on by lawyers in the firm or department. They assist lawyers on cases by preparing materials needed for trials, conducting legal research, verifying trial facts, helping during interviews, getting statements from those involved in the case, and creating presentation materials. Paralegals should have knowledge of laws and should be familiar with landmark cases.

Bankruptcy paralegal vs paralegal salary

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

Bankruptcy ParalegalParalegal
Average salary$55,485$49,943
Salary rangeBetween $30,000 And $102,000Between $35,000 And $70,000
Highest paying City-San Francisco, CA
Highest paying state-California
Best paying company-Arnall Golden Gregory
Best paying industry-Professional

Differences between bankruptcy paralegal and paralegal education

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

Bankruptcy ParalegalParalegal
Most common degreeBachelor's Degree, 47%Bachelor's Degree, 51%
Most common majorLegal Support ServicesLegal Support Services
Most common collegeUniversity of PennsylvaniaHarvard University

Bankruptcy paralegal vs paralegal demographics

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

Bankruptcy ParalegalParalegal
Average age4646
Gender ratioMale, 20.3% Female, 79.7%Male, 22.4% Female, 77.6%
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, 9.2% Unknown, 4.8% Hispanic or Latino, 20.2% Asian, 5.7% White, 59.6% American Indian and Alaska Native, 0.4%
LGBT Percentage9%9%

Differences between bankruptcy paralegal and 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

Paralegal example responsibilities.

  • Manage client expenses and prepare billing and financial statements using PClaw and reconcile attorney's escrow and general accounts using QuickBooks.
  • Manage discovery process of lawsuits by preparing pleadings and subpoenas for records and answering requests for production and interrogatories.
  • Manage large volume of documents, enabling attorneys to easily identify key documents that are critical for mediation and arbitration.
  • Prepare H-1B petition with supporting evidence and supplementary forms for attorney review and filing with USCIS.
  • Conduct legal research on Lexis and factual inquiries regarding pending litigation.
  • Review Lexis Nexis for any and all relevant documents regarding hormone replacement litigation.
  • Show more

Bankruptcy paralegal vs paralegal skills

Common bankruptcy paralegal skills
  • Pacer, 9%
  • Litigation, 9%
  • Debtor, 7%
  • Credit Reports, 7%
  • Law Firm, 6%
  • Bankruptcy Court, 5%
Common paralegal skills
  • Litigation, 15%
  • Legal Research, 12%
  • Law Firm, 9%
  • Discovery Responses, 9%
  • Subpoenas, 5%
  • Trial Preparation, 5%