Also called: Restructuring Lawyer
Helps people and companies deal with debts they can't pay, through bankruptcy court.
Some bankruptcy lawyers help families file to keep their home; others restructure billion-dollar companies like airlines. Big restructurings mean round-the-clock negotiations with banks and creditors. When the economy dips, these lawyers get busier.
Approximate: anchored on Bureau of Labor Statistics data for a broader job group.
Professional degree (MD, JD, DVM…), about 7 years after high school. Bachelor's degree, 3-year JD, and passing the bar exam.
Ways in: 4-year college, Professional school. Training cost: Over $150k.
Majors to look at: Finance, Accounting, Economics, Business.
Growing about average (about 4% over 10 years). BLS projection for all lawyers (2024-34); niche areas vary.
Medium risk for 10 years. AI fills consumer bankruptcy forms quickly, cutting routine filings work; complex restructurings and court negotiation stay human.
Classes: Accounting, Personal finance, Economics, Speech and debate.
Official data: O*NET occupation 23-1011.
Career Universe is an early version. Pay, training and AI-risk figures are estimates to start your own research, not verified facts. The research was written with AI research assistants, checked by validation scripts and spot-checked by hand. Check anything important with schools, employers and official sources. How the numbers work.