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Corporation counsel vs bankruptcy specialist

The differences between corporation counsels and bankruptcy specialists can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a corporation counsel and a bankruptcy specialist. Additionally, a corporation counsel has an average salary of $97,070, which is higher than the $35,498 average annual salary of a bankruptcy specialist.

The top three skills for a corporation counsel include litigation, legal research and legal opinions. The most important skills for a bankruptcy specialist are relief, pacer, and foreclosure.

Corporation counsel vs bankruptcy specialist overview

Corporation CounselBankruptcy Specialist
Yearly salary$97,070$35,498
Hourly rate$46.67$17.07
Growth rate10%10%
Number of jobs6,5194,381
Job satisfaction--
Most common degreeBachelor's Degree, 46%Bachelor's Degree, 50%
Average age4646
Years of experience44

Corporation counsel vs bankruptcy specialist salary

Corporation counsels and bankruptcy specialists have different pay scales, as shown below.

Corporation CounselBankruptcy Specialist
Average salary$97,070$35,498
Salary rangeBetween $65,000 And $144,000Between $27,000 And $46,000
Highest paying City-Norfolk, VA
Highest paying state-California
Best paying company-The PNC Financial Services Group
Best paying industry-Finance

Differences between corporation counsel and bankruptcy specialist education

There are a few differences between a corporation counsel and a bankruptcy specialist in terms of educational background:

Corporation CounselBankruptcy Specialist
Most common degreeBachelor's Degree, 46%Bachelor's Degree, 50%
Most common majorLawBusiness
Most common collegeStanford UniversityStanford University

Corporation counsel vs bankruptcy specialist demographics

Here are the differences between corporation counsels' and bankruptcy specialists' demographics:

Corporation CounselBankruptcy Specialist
Average age4646
Gender ratioMale, 56.5% Female, 43.5%Male, 31.0% Female, 69.0%
Race ratioBlack or African American, 5.6% Unknown, 4.4% Hispanic or Latino, 7.8% Asian, 6.4% White, 75.4% American Indian and Alaska Native, 0.3%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%
LGBT Percentage10%10%

Differences between corporation counsel and bankruptcy specialist duties and responsibilities

Corporation counsel example responsibilities.

  • Manage the in-house final appeals process for all labor grievances.
  • Achieve statewide recognition as expert on Medicare and Medicaid.
  • Engage in all aspects of litigation process under supervising attorney, including drafting motions, issuing interrogatories, and conducting depositions.
  • Represent city in summary conviction appeals and hearings before magisterial district judges.
  • Handle all in-house legal matters including representing the corporation in litigation, drafting and negotiating contracts and contract documents.
  • Provide counsel regarding corporate compliance and ethics; handle investigations; provide recommendations to management; and recommend remedial/disciplinary actions.
  • Show more

Bankruptcy specialist example responsibilities.

  • Achieve award for increasing efficiency by extensively communicating with debtors' attorneys and monitoring trustee activities on a daily basis.
  • Provide training and support to other analysts regarding negotiation of litigation and contest bankruptcy matters.
  • Prepare cases for litigation, facilitate appropriate management of attorneys to insure proper representation of bank.
  • Develop SEO marketing initiatives that range from keyword research to competitive analysis and generate weekly reports analyzing clients' traffic trends
  • Provide comprehensive counseling to consumers regarding affordable housing programs, first-time homebuyer programs, and post-purchase education.
  • Maintain up-to-date information on lending and homebuyer assistance programs, assist with evaluating the housing counseling services provide by stimulus monies.

Corporation counsel vs bankruptcy specialist skills

Common corporation counsel skills
  • Litigation, 20%
  • Legal Research, 11%
  • Legal Opinions, 7%
  • Motion Practice, 6%
  • Administrative Hearings, 5%
  • Real Estate, 5%
Common bankruptcy specialist skills
  • Relief, 8%
  • Pacer, 7%
  • Foreclosure, 6%
  • MSP, 5%
  • Bankruptcy Court, 4%
  • Debtor, 4%