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The differences between bankruptcy specialists and attorneys at law can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a bankruptcy specialist and an attorney at law. Additionally, an attorney at law has an average salary of $108,018, which is higher than the $35,498 average annual salary of a bankruptcy specialist.
The top three skills for a bankruptcy specialist include relief, pacer and foreclosure. The most important skills for an attorney at law are litigation, law firm, and legal research.
| Bankruptcy Specialist | Attorney At Law | |
| Yearly salary | $35,498 | $108,018 |
| Hourly rate | $17.07 | $51.93 |
| Growth rate | 10% | 10% |
| Number of jobs | 4,381 | 7,025 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 50% | Doctoral Degree, 52% |
| Average age | 46 | 46 |
| Years of experience | 4 | 4 |
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.
An Attorney at Law is responsible for preparing and examining contracts involving leases, licenses, purchases, sales, etc. They advise clients concerning business transactions, claim liability, or legal rights and obligations.
Bankruptcy specialists and attorneys at law have different pay scales, as shown below.
| Bankruptcy Specialist | Attorney At Law | |
| Average salary | $35,498 | $108,018 |
| Salary range | Between $27,000 And $46,000 | Between $69,000 And $166,000 |
| Highest paying City | Norfolk, VA | Washington, DC |
| Highest paying state | California | California |
| Best paying company | The PNC Financial Services Group | White and Williams |
| Best paying industry | Finance | Retail |
There are a few differences between a bankruptcy specialist and an attorney at law in terms of educational background:
| Bankruptcy Specialist | Attorney At Law | |
| Most common degree | Bachelor's Degree, 50% | Doctoral Degree, 52% |
| Most common major | Business | Law |
| Most common college | Stanford University | Stanford University |
Here are the differences between bankruptcy specialists' and attorneys at law' demographics:
| Bankruptcy Specialist | Attorney At Law | |
| Average age | 46 | 46 |
| Gender ratio | Male, 31.0% Female, 69.0% | Male, 54.6% Female, 45.4% |
| Race ratio | Black or African American, 5.7% Unknown, 4.4% Hispanic or Latino, 7.9% Asian, 6.5% White, 75.2% American Indian and Alaska Native, 0.3% | Black or African American, 5.5% Unknown, 4.4% Hispanic or Latino, 7.7% Asian, 6.3% White, 75.7% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 10% | 10% |