Post job

Summer law associate vs bankruptcy specialist

The differences between summer law associates 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 summer law associate and a bankruptcy specialist. Additionally, a summer law associate has an average salary of $125,756, which is higher than the $35,498 average annual salary of a bankruptcy specialist.

The top three skills for a summer law associate include litigation, law firm and employment law. The most important skills for a bankruptcy specialist are relief, pacer, and foreclosure.

Summer law associate vs bankruptcy specialist overview

Summer Law AssociateBankruptcy Specialist
Yearly salary$125,756$35,498
Hourly rate$60.46$17.07
Growth rate10%10%
Number of jobs10,8484,381
Job satisfaction--
Most common degreeBachelor's Degree, 47%Bachelor's Degree, 50%
Average age4646
Years of experience44

Summer law associate vs bankruptcy specialist salary

Summer law associates and bankruptcy specialists have different pay scales, as shown below.

Summer Law AssociateBankruptcy Specialist
Average salary$125,756$35,498
Salary rangeBetween $72,000 And $216,000Between $27,000 And $46,000
Highest paying CityWashington, DCNorfolk, VA
Highest paying stateMassachusettsCalifornia
Best paying companyDebevoise & PlimptonThe PNC Financial Services Group
Best paying industryProfessionalFinance

Differences between summer law associate and bankruptcy specialist education

There are a few differences between a summer law associate and a bankruptcy specialist in terms of educational background:

Summer Law AssociateBankruptcy Specialist
Most common degreeBachelor's Degree, 47%Bachelor's Degree, 50%
Most common majorLawBusiness
Most common collegeStanford UniversityStanford University

Summer law associate vs bankruptcy specialist demographics

Here are the differences between summer law associates' and bankruptcy specialists' demographics:

Summer Law AssociateBankruptcy Specialist
Average age4646
Gender ratioMale, 48.6% Female, 51.4%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, 75.5% 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 summer law associate and bankruptcy specialist duties and responsibilities

Summer law associate example responsibilities.

  • Manage probate and estates administration.
  • Represent international and domestic corporations in commercial transactions, corporate governance and in arbitration and mediation disputes.
  • Research legal issues relate to ongoing litigation, present findings in office memorandum and verbally discuss in office meetings.
  • Prepare for and participate in collective bargaining negotiations, arbitration and mediation hearings, client meetings, and a CLE presentation.
  • Prepare discovery request including interrogatories and admissions.
  • Propound and respond to interrogatories and document requests.
  • 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.

Summer law associate vs bankruptcy specialist skills

Common summer law associate skills
  • Litigation, 18%
  • Law Firm, 12%
  • Employment Law, 7%
  • Legal Research, 7%
  • Settlement Agreements, 7%
  • Employment Agreements, 6%
Common bankruptcy specialist skills
  • Relief, 8%
  • Pacer, 7%
  • Foreclosure, 6%
  • MSP, 5%
  • Bankruptcy Court, 4%
  • Debtor, 4%