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The differences between legal specialists 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 specialist and a bankruptcy specialist. Additionally, a legal specialist has an average salary of $55,253, which is higher than the $35,498 average annual salary of a bankruptcy specialist.
The top three skills for a legal specialist include legal support, legal research and proofreading. The most important skills for a bankruptcy specialist are relief, pacer, and foreclosure.
| Legal Specialist | Bankruptcy Specialist | |
| Yearly salary | $55,253 | $35,498 |
| Hourly rate | $26.56 | $17.07 |
| Growth rate | 10% | 10% |
| Number of jobs | 6,517 | 4,381 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 54% | Bachelor's Degree, 50% |
| Average age | 46 | 46 |
| Years of experience | 4 | 4 |
A legal specialist is responsible for supporting an organization's legal department or law office by performing administrative duties to assist legal operations. Legal specialists are the clients' first point-of-contact, especially on scheduling appointments and responding to legal services inquiries and concerns. They also organize legal documents, prepare and write contracts, and help legal professionals with collecting information for their cases. A legal specialist must have comprehensive knowledge of the legal industry, including law processes and federal regulations.
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.
Legal specialists and bankruptcy specialists have different pay scales, as shown below.
| Legal Specialist | Bankruptcy Specialist | |
| Average salary | $55,253 | $35,498 |
| Salary range | Between $30,000 And $98,000 | Between $27,000 And $46,000 |
| Highest paying City | New York, NY | Norfolk, VA |
| Highest paying state | New York | California |
| Best paying company | Orrick | The PNC Financial Services Group |
| Best paying industry | - | Finance |
There are a few differences between a legal specialist and a bankruptcy specialist in terms of educational background:
| Legal Specialist | Bankruptcy Specialist | |
| Most common degree | Bachelor's Degree, 54% | Bachelor's Degree, 50% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between legal specialists' and bankruptcy specialists' demographics:
| Legal Specialist | Bankruptcy Specialist | |
| Average age | 46 | 46 |
| Gender ratio | Male, 32.5% Female, 67.5% | Male, 31.0% Female, 69.0% |
| Race ratio | 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% | 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 Percentage | 10% | 10% |