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Legal arbitrator vs bankruptcy specialist

The differences between legal arbitrators 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 arbitrator and a bankruptcy specialist. Additionally, a legal arbitrator has an average salary of $60,171, which is higher than the $35,498 average annual salary of a bankruptcy specialist.

Legal arbitrator vs bankruptcy specialist overview

Legal ArbitratorBankruptcy Specialist
Yearly salary$60,171$35,498
Hourly rate$28.93$17.07
Growth rate10%10%
Number of jobs4,8504,381
Job satisfaction--
Most common degreeBachelor's Degree, 56%Bachelor's Degree, 50%
Average age4646
Years of experience44

Legal arbitrator vs bankruptcy specialist salary

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

Legal ArbitratorBankruptcy Specialist
Average salary$60,171$35,498
Salary rangeBetween $33,000 And $106,000Between $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 legal arbitrator and bankruptcy specialist education

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

Legal ArbitratorBankruptcy Specialist
Most common degreeBachelor's Degree, 56%Bachelor's Degree, 50%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaStanford University

Legal arbitrator vs bankruptcy specialist demographics

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

Legal ArbitratorBankruptcy Specialist
Average age4646
Gender ratioMale, 38.9% Female, 61.1%Male, 31.0% Female, 69.0%
Race ratioBlack or African American, 4.1% Unknown, 4.2% Hispanic or Latino, 6.2% Asian, 5.0% White, 80.2% 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 legal arbitrator and bankruptcy specialist duties and responsibilities

Legal arbitrator example responsibilities.

  • Prepare and distribute payroll manage daily office operations and equipment and maintain supplies for office to run effectively.
  • Generate extensive legal documents arbitration awards, bank levies and orders of examination from consumer collection.
  • Facilitate responses to customer complaints from borrowers, attorneys, state and federal governmental agencies, resulting in reduce litigation exposure.
  • Refer non-compliant to attorneys for NAF processing by utilizing computerize collection programs to monitor payment schedule for compliance.

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.