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The differences between bankruptcy specialists and trial attorneys 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 a trial attorney. Additionally, a trial attorney has an average salary of $110,340, 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 a trial attorney are litigation, legal research, and property damage.
| Bankruptcy Specialist | Trial Attorney | |
| Yearly salary | $35,498 | $110,340 |
| Hourly rate | $17.07 | $53.05 |
| Growth rate | 10% | 10% |
| Number of jobs | 4,381 | 7,253 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 50% | Doctoral Degree, 57% |
| 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.
Trial attorneys are responsible for representing and defending clients in court. Trial attorneys must have excellent legal research skills to assess pieces of evidence and examining relevant judicial decisions to support the client's claims. A trial attorney should also provide legal advice for the clients and guide them through the legal procedures depending on the severity of the case. Trial attorneys must be able to develop trial strategies and arguments in the court to win the judge and the trial jury's decision.
Bankruptcy specialists and trial attorneys have different pay scales, as shown below.
| Bankruptcy Specialist | Trial Attorney | |
| Average salary | $35,498 | $110,340 |
| Salary range | Between $27,000 And $46,000 | Between $73,000 And $166,000 |
| Highest paying City | Norfolk, VA | Washington, DC |
| Highest paying state | California | California |
| Best paying company | The PNC Financial Services Group | Lewis Brisbois Bisgaard & Smith |
| Best paying industry | Finance | Professional |
There are a few differences between a bankruptcy specialist and a trial attorney in terms of educational background:
| Bankruptcy Specialist | Trial Attorney | |
| Most common degree | Bachelor's Degree, 50% | Doctoral Degree, 57% |
| Most common major | Business | Law |
| Most common college | Stanford University | Stanford University |
Here are the differences between bankruptcy specialists' and trial attorneys' demographics:
| Bankruptcy Specialist | Trial Attorney | |
| Average age | 46 | 46 |
| Gender ratio | Male, 31.0% Female, 69.0% | Male, 66.2% Female, 33.8% |
| 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, 7.8% Asian, 6.4% White, 75.7% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 10% | 10% |