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Legal adviser vs bankruptcy specialist

The differences between legal advisers 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 legal adviser and a bankruptcy specialist. Additionally, a legal adviser has an average salary of $57,190, which is higher than the $35,498 average annual salary of a bankruptcy specialist.

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

Legal adviser vs bankruptcy specialist overview

Legal AdviserBankruptcy Specialist
Yearly salary$57,190$35,498
Hourly rate$27.50$17.07
Growth rate10%10%
Number of jobs16,4964,381
Job satisfaction--
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 50%
Average age4646
Years of experience44

Legal adviser vs bankruptcy specialist salary

Legal advisers and bankruptcy specialists have different pay scales, as shown below.

Legal AdviserBankruptcy Specialist
Average salary$57,190$35,498
Salary rangeBetween $33,000 And $99,000Between $27,000 And $46,000
Highest paying CityWashington, DCNorfolk, VA
Highest paying stateNew YorkCalifornia
Best paying companyNossamanThe PNC Financial Services Group
Best paying industry-Finance

Differences between legal adviser and bankruptcy specialist education

There are a few differences between a legal adviser and a bankruptcy specialist in terms of educational background:

Legal AdviserBankruptcy Specialist
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 50%
Most common majorLawBusiness
Most common collegeStanford UniversityStanford University

Legal adviser vs bankruptcy specialist demographics

Here are the differences between legal advisers' and bankruptcy specialists' demographics:

Legal AdviserBankruptcy Specialist
Average age4646
Gender ratioMale, 53.1% Female, 46.9%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, 75.3% 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 legal adviser and bankruptcy specialist duties and responsibilities

Legal adviser example responsibilities.

  • Prepare and distribute payroll manage daily office operations and equipment and maintain supplies for office to run effectively.
  • Draft and negotiate business-to-business SaaS contracts, non-disclosure agreements, and vendor agreements for domestic and international software platform transactions.
  • Aid in drafting arbitration reports, discovery requests, and responses to discovery requests.
  • Monitor issues surrounding corruption, cyber-crime and arbitration.
  • Conduct legal analysis of confidential pending international corporate environmental liability litigation.

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.

Legal adviser vs bankruptcy specialist skills

Common legal adviser skills
  • Litigation, 10%
  • Legal Advice, 10%
  • Legal Research, 8%
  • Legal Issues, 8%
  • International Law, 7%
  • Public Policy, 6%
Common bankruptcy specialist skills
  • Relief, 8%
  • Pacer, 7%
  • Foreclosure, 6%
  • MSP, 5%
  • Bankruptcy Court, 4%
  • Debtor, 4%