Bankruptcy Lawyer
Quick Facts
Median Salary$115,336
Most Common EducationPh.D. or professional degree
Projected 10-Year Growth+10.53%
Assessment MatchTake the Assessment
What They Do
A Bankruptcy Lawyer is a legal professional who assists clients through court proceedings to reduce or eliminate debt or to proceed forward with bankruptcy. A bankruptcy lawyers clients may be individuals or corporations. They may represent individual or corporate debtors, individual or corporate creditors, creditors' committees, and bankruptcy trustees.
Core Tasks:
- Interpret laws, rulings and regulations for individuals and businesses.
- Analyze the probable outcomes of cases, using knowledge of legal precedents.
- Gather evidence to formulate defense or to initiate legal actions by such means as interviewing clients and witnesses to ascertain the facts of a case.
- Represent clients in court or before government agencies.
- Evaluate findings and develop strategies and arguments in preparation for presentation of cases.
- Advise clients concerning business transactions, claim liability, advisability of prosecuting or defending lawsuits, or legal rights and obligations.
- Prepare, draft, and review legal documents, such as wills, deeds, patent applications, mortgages, leases, and contracts.
- Examine legal data to determine advisability of defending or prosecuting lawsuit.
- Study Constitution, statutes, decisions, regulations, and ordinances of quasi-judicial bodies to determine ramifications for cases.
- Negotiate settlements of civil disputes.
- Supervise legal assistants.
- Negotiate contractual agreements.
- Confer with colleagues with specialties in appropriate areas of legal issue to establish and verify bases for legal proceedings.
- Search for and examine public and other legal records to write opinions or establish ownership.
- Perform administrative and management functions related to the practice of law.
What to expect as a Bankruptcy Lawyer
1Earn a Ph.D. or professional degree
23% of people achieve this level of education.
2Gain skills and experience
See Bankruptcy Lawyer related courses on Tallo
3Land a job
263 openings for Bankruptcy Lawyers
Career Progression
in United States (Nation)
The career progression is an interactive way to explore careers related to Bankruptcy Lawyer. Click on each career to see its associated salary, job availability, skills, and more.
No data available for this career.