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Deputy chief counsel vs bankruptcy specialist

The differences between deputy chief 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 deputy chief counsel and a bankruptcy specialist. Additionally, a deputy chief counsel has an average salary of $129,999, which is higher than the $35,498 average annual salary of a bankruptcy specialist.

The top three skills for a deputy chief counsel include legal advice, administrative law and IRS. The most important skills for a bankruptcy specialist are relief, pacer, and foreclosure.

Deputy chief counsel vs bankruptcy specialist overview

Deputy Chief CounselBankruptcy Specialist
Yearly salary$129,999$35,498
Hourly rate$62.50$17.07
Growth rate10%10%
Number of jobs22,7804,381
Job satisfaction--
Most common degreeBachelor's Degree, 46%Bachelor's Degree, 50%
Average age4646
Years of experience44

What does a deputy chief counsel do?

Deputy Chief Counsels are responsible for directing and overseeing legal operations in a governmental department or a company. Their duties include acting as second in command in the absence of the chief counsel, supervising other legal programs, building a relationship with external constituencies and legal government departments, acting as a legal representative for a company or government, and developing attorney-client relationship policies. They also formulate legal representation strategies, provide legal advice to board members, assist with public and government inquiries, and administer legal budgeting.

What does a bankruptcy specialist do?

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.

Deputy chief counsel vs bankruptcy specialist salary

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

Deputy Chief CounselBankruptcy Specialist
Average salary$129,999$35,498
Salary rangeBetween $87,000 And $193,000Between $27,000 And $46,000
Highest paying CitySan Francisco, CANorfolk, VA
Highest paying stateCaliforniaCalifornia
Best paying companyAgenusThe PNC Financial Services Group
Best paying industryMediaFinance

Differences between deputy chief counsel and bankruptcy specialist education

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

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

Deputy chief counsel vs bankruptcy specialist demographics

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

Deputy Chief CounselBankruptcy Specialist
Average age4646
Gender ratioMale, 61.1% Female, 38.9%Male, 31.0% Female, 69.0%
Race ratioBlack 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, 5.7% 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 deputy chief counsel and bankruptcy specialist duties and responsibilities

Deputy chief counsel example responsibilities.

  • Assist in liaising with insurance authorities, responding to regulatory inquiries and managing relationship with region from legal and business perspective.
  • Develop strategy, participate and support for various litigation, arbitration and/or mediation procedures regarding new and existing patent license agreements.
  • Draft subpoenas and last chance letters to ensure compliance as well as pretrial memoranda, answers and motions.
  • Contact taxpayers via mail and phone as well as draft subpoenas as well as last chance letters to ensure compliance.
  • Compose advisory memorandums and conduct research for counsel attorneys and appeals agents.
  • Provide internal assistance on corporate transaction and consolidate return questions, including at examination and appeals level.
  • 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.

Deputy chief counsel vs bankruptcy specialist skills

Common deputy chief counsel skills
  • Legal Advice, 28%
  • Administrative Law, 18%
  • IRS, 11%
  • Litigation, 8%
  • Revenue Service, 5%
  • Intellectual Property, 3%
Common bankruptcy specialist skills
  • Relief, 8%
  • Pacer, 7%
  • Foreclosure, 6%
  • MSP, 5%
  • Bankruptcy Court, 4%
  • Debtor, 4%