Based on recent jobs postings on Zippia, the average salary in the U.S. for a Bankruptcy Paralegal is $48,867 per year or $23 per hour. The highest paying Bankruptcy Paralegal jobs have a salary over $70,000 per year while the lowest paying Bankruptcy Paralegal jobs pay $34,000 per year
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.
Legal assistants are responsible for doing most of the administrative or clerical needs of a lawyer. They support lawyers by preparing documents for hearings or trials, conducting research for legal cases, organizing files and records, managing schedules, manning phone lines, communicating with legal clients, documenting meeting minutes, and setting up appointments. It is important for legal assistants to have a basic knowledge of laws and the judiciary system so that they can provide better support to lawyers. They should also be detail-oriented, organized, and excellent communicators.
A litigation paralegal is a specialist who is responsible for assisting attorneys throughout the trial process. On the plaintiff side, litigation paralegals conduct initial client interviews and legal research for case preparations. They assist with the preliminary examinations of witnesses and jury selection in the courtroom. Litigation paralegals often assist attorneys with case settlements and help identify issues for appeals. They must also possess excellent skills in verbal and written communication and should have great attention in detail.
Legal secretaries are employees in a law firm who are responsible for many administrative tasks. They handle the tasks such as filing and keeping records, ensuring that all documents are stored properly, and update contact information data and other essential office databases. They must also be knowledgeable on the law because they are, at times, assigned to draw up legal documents such as motions and subpoenas, conduct legal research, and write up other important office memoranda. Legal secretaries should be organized, trustworthy, and level-headed.
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.