This investigation aims to provide a thorough mathematical analysis to examine the behavior of squeezing films that consist of a micropolar fluid lubricant. These films are situated between wide, parallel, rectangular plates while being subjected to a transverse magnetic field. Hydromagnetic flow theory is used to analyze the impact of MHD considerations on squeezing with micropolar fluids on smooth surfaces. The modified Reynolds equation is the fundamental equation applied to explain the behaviour of fluids in thin films, and it is responsible for estimating the pressure distribution of the film area. The effects of the MHD and micropolar lubricant on the bearing characteristics are discussed. Lubrication characteristics are determined as functions of micropolar fluid, Hartmann number, fluid gap number, coupling number, and aspect ratio parameters. When compared to a classical case, the magnetic field and micropolar fluid provide more significant bearing characteristics. As the Hartmann number, fluid gap number, and coupling number are increased, the improved characteristics become more evident.