26, Finance & Marketing Degrees+T30 Law Degree.UNEMPLOYED!!!

(Applications Advice, Letters of Recommendation . . . )
User avatar
Patriot1208
Posts: 7044
Joined: Tue May 18, 2010 11:28 am

Re: 26, Finance & Marketing Degrees+T30 Law Degree.UNEMPLOYED!!!

Postby Patriot1208 » Thu May 19, 2011 12:23 pm

People on tls are so unrealistic about other industries.

OP contact alumni and apply broadly. Your chances at consulting or banking is about none. But you may be able to find a finance gig in a corporation or insurance company or the like. Just get in contact with everyone you know. The longer you atte unemployed the harder it will be.

User avatar
robotclubmember
Posts: 743
Joined: Wed Sep 15, 2010 7:53 am

Re: 26, Finance & Marketing Degrees+T30 Law Degree.UNEMPLOYED!!!

Postby robotclubmember » Thu May 19, 2011 12:29 pm

Unemployeddd wrote:I actually wish I would have gone into i-banking. My GPA was a 3.44, solid state school but at the time during UG I did not think I had much of a chance and did not actively pursue a position or internship in banking.

At this point, I am open to anything. I am just unsure as to which route to go. I plan on taking to the bar but I think continuing the legal route may not be my best option.


A 3.44 would not have gotten you into i-banking unless you had solid connections. I-banking usually recruits from only elite schools.Of the people I know from my ugrad (top 20 business ugrad) who got offers in i-banking, one had a 4.00 and the other had a 3.9-something. All of the firms that interviewed for consulting on campus had a 3.5 cutoff. I-banking didn't formally recruit from the campus though people could get interviews, but again I imagine the cutoffs were at least 3.5. It's safe to say i-banking is probably out.

After dumping 3 years into your education, the legal route is probably your best bet. It will pay more than anything you can get that's entry-level in finance or marketing. If you do in-house maybe you can shift into the finance function later, finance undergrad + JD isn't a bad combo for CFO path. The first mistake though is posting this in "law school admissions". There is an employment board here. You'll get better advice there. You'll also see people discussing what they did to find a job, which involved sending out dozens or hundreds of resumes. If you're not doing that, that's why you don't have a job.

User avatar
Patriot1208
Posts: 7044
Joined: Tue May 18, 2010 11:28 am

Re: 26, Finance & Marketing Degrees+T30 Law Degree.UNEMPLOYED!!!

Postby Patriot1208 » Thu May 19, 2011 12:33 pm

^ actually investment banks care less about grades than consulting firms. Now from indiana he probably had no shot but I know multiple kids going into investment banks with lower gpa's but things like athletes, bilingual, great internships, etc

User avatar
danquayle
Posts: 1108
Joined: Tue Dec 09, 2008 2:12 am

Re: 26, Finance & Marketing Degrees+T30 Law Degree.UNEMPLOYED!!!

Postby danquayle » Thu May 19, 2011 12:35 pm

robotclubmember wrote:
Unemployeddd wrote:I actually wish I would have gone into i-banking. My GPA was a 3.44, solid state school but at the time during UG I did not think I had much of a chance and did not actively pursue a position or internship in banking.

At this point, I am open to anything. I am just unsure as to which route to go. I plan on taking to the bar but I think continuing the legal route may not be my best option.


A 3.44 would not have gotten you into i-banking unless you had solid connections. I-banking usually recruits from only elite schools.Of the people I know from my ugrad (top 20 business ugrad) who got offers in i-banking, one had a 4.00 and the other had a 3.9-something. All of the firms that interviewed for consulting on campus had a 3.5 cutoff. I-banking didn't formally recruit from the campus though people could get interviews, but again I imagine the cutoffs were at least 3.5. It's safe to say i-banking is probably out.

After dumping 3 years into your education, the legal route is probably your best bet. It will pay more than anything you can get that's entry-level in finance or marketing. If you do in-house maybe you can shift into the finance function later, finance undergrad + JD isn't a bad combo for CFO path. The first mistake though is posting this in "law school admissions". There is an employment board here. You'll get better advice there. You'll also see people discussing what they did to find a job, which involved sending out dozens or hundreds of resumes. If you're not doing that, that's why you don't have a job.


Yeah, definitely agree. You can start off at a higher function than if you just went straight into a lower entry-level business gig. If you did that, you'd essentially have nothing to show at all for that investment, and you might have to explain it.

Working in law and transitioning to business is a much more natural progression. If you can stomach it, you might want to consider going the the tax law route. Get your GPA if you can, or consider a LLM or even a MACC. It's a niche market, and I'd say it has stronger demand than the overall legal market. There are plenty of people who started out with Big 4 type firms in tax policy positions and transitioned into more a more general business function.

I personally know several people who were in your position, got their Macc and successfully got in at a Big 4 position at a higher salary and responsibility level than other entry-level hires. Not to mention their job hunt as a JD/CPA was MUCH MUCH easier than it had been as merely a JD.

I'd also concur that, unless you're prepared to get work experience and try to go back to business school, I'd write off i-banking or consulting.

flcath
Posts: 1502
Joined: Fri Nov 06, 2009 11:39 pm

Re: 26, Finance & Marketing Degrees+T30 Law Degree.UNEMPLOYED!!!

Postby flcath » Thu May 19, 2011 12:47 pm

Okay, I feel bad saying this as it refers to clearly identifiable people, but dude: my roommate--I would be willing to bet money on this--has what is almost definitely THE LOWEST gpa (well under a 3.0) in the 3L class at NDLS.

Even he's lined up a $45K/yr. job back in his home area. I really, honestly don't say this to be mean-spirited, but you need to try harder.

Unemployeddd
Posts: 4
Joined: Wed May 18, 2011 8:40 pm

Re: 26, Finance & Marketing Degrees+T30 Law Degree.UNEMPLOYED!!!

Postby Unemployeddd » Thu May 19, 2011 12:49 pm

Patriot1208 wrote:^ actually investment banks care less about grades than consulting firms. Now from indiana he probably had no shot but I know multiple kids going into investment banks with lower gpa's but things like athletes, bilingual, great internships, etc




I was actually just offered a job this morning at a local investment advising firm. Anyway some experience with this + the degrees can possibly get me into a larger market in the future? This group manages are 500 million so it has some large clients.

User avatar
thexfactor
Posts: 1277
Joined: Fri Sep 14, 2007 11:40 am

Re: 26, Finance & Marketing Degrees+T30 Law Degree.UNEMPLOYED!!!

Postby thexfactor » Thu May 19, 2011 12:52 pm

this is why i tell people to go to a t14 vs full scholarship from t30.

you are fucked no matter what if you dont have a job regardless of debt. Might as well increase your chances as much as you can in law school.

User avatar
danquayle
Posts: 1108
Joined: Tue Dec 09, 2008 2:12 am

Re: 26, Finance & Marketing Degrees+T30 Law Degree.UNEMPLOYED!!!

Postby danquayle » Thu May 19, 2011 12:57 pm

Unemployeddd wrote:
Patriot1208 wrote:^ actually investment banks care less about grades than consulting firms. Now from indiana he probably had no shot but I know multiple kids going into investment banks with lower gpa's but things like athletes, bilingual, great internships, etc




I was actually just offered a job this morning at a local investment advising firm. Anyway some experience with this + the degrees can possibly get me into a larger market in the future? This group manages are 500 million so it has some large clients.


Generally, yes.

But that's a broad question. You certainly won't get the same type of work had you gone into investment banking right out of business school. That's not necessarily a bad thing.

User avatar
robotclubmember
Posts: 743
Joined: Wed Sep 15, 2010 7:53 am

Re: 26, Finance & Marketing Degrees+T30 Law Degree.UNEMPLOYED!!!

Postby robotclubmember » Thu May 19, 2011 12:59 pm

Unemployeddd wrote:
Patriot1208 wrote:^ actually investment banks care less about grades than consulting firms. Now from indiana he probably had no shot but I know multiple kids going into investment banks with lower gpa's but things like athletes, bilingual, great internships, etc




I was actually just offered a job this morning at a local investment advising firm. Anyway some experience with this + the degrees can possibly get me into a larger market in the future? This group manages are 500 million so it has some large clients.


investment advising firms (not the same as investment banking) can do many things, including tax, estate and financial planning, selecting and managing investments, due diligence, basic accounting and finance functions, etc. what is the position they offered you? and how much are they offering?

(0L here, right now i work at a small-ish trust fund that manages $3B in assets. PM with specific details to me if you want an appraisal of the position without spilling too many details online)
Last edited by robotclubmember on Thu May 19, 2011 1:00 pm, edited 1 time in total.

User avatar
sanpiero
Posts: 574
Joined: Sat Feb 14, 2009 8:09 am

Re: 26, Finance & Marketing Degrees+T30 Law Degree.UNEMPLOYED!!!

Postby sanpiero » Thu May 19, 2011 1:00 pm

Patriot1208 wrote:^ actually investment banks care less about grades than consulting firms. Now from indiana he probably had no shot but I know multiple kids going into investment banks with lower gpa's but things like athletes, bilingual, great internships, etc


Bolded is absolutely wrong. See http://kelley.iu.edu/ibn/IBW/council.cfm.

User avatar
johnnyutah
Posts: 1709
Joined: Tue Aug 10, 2010 6:00 pm

Re: 26, Finance & Marketing Degrees+T30 Law Degree.UNEMPLOYED!!!

Postby johnnyutah » Thu May 19, 2011 1:02 pm

fundamentallybroken wrote:What exactly is the major personality flaw you have that is preventing you from finding employment?

Unwarranted assumption.

User avatar
fundamentallybroken
Posts: 663
Joined: Mon Dec 20, 2010 11:52 am

Re: 26, Finance & Marketing Degrees+T30 Law Degree.UNEMPLOYED!!!

Postby fundamentallybroken » Thu May 19, 2011 1:14 pm

johnnyutah wrote:
fundamentallybroken wrote:What exactly is the major personality flaw you have that is preventing you from finding employment?

Unwarranted assumption.


Yes, I know. That would be the joke.

User avatar
Patriot1208
Posts: 7044
Joined: Tue May 18, 2010 11:28 am

Re: 26, Finance & Marketing Degrees+T30 Law Degree.UNEMPLOYED!!!

Postby Patriot1208 » Thu May 19, 2011 1:15 pm

sanpiero wrote:
Patriot1208 wrote:^ actually investment banks care less about grades than consulting firms. Now from indiana he probably had no shot but I know multiple kids going into investment banks with lower gpa's but things like athletes, bilingual, great internships, etc


Bolded is absolutely wrong. See http://kelley.iu.edu/ibn/IBW/council.cfm.

I meant from indiana with that gpa, my bad.

User avatar
johnnyutah
Posts: 1709
Joined: Tue Aug 10, 2010 6:00 pm

Re: 26, Finance & Marketing Degrees+T30 Law Degree.UNEMPLOYED!!!

Postby johnnyutah » Thu May 19, 2011 1:15 pm

fundamentallybroken wrote:
johnnyutah wrote:
fundamentallybroken wrote:What exactly is the major personality flaw you have that is preventing you from finding employment?

Unwarranted assumption.


Yes, I know. That would be the joke.

Whoops. Guess I've got a tin ear for jokes today.

User avatar
fundamentallybroken
Posts: 663
Joined: Mon Dec 20, 2010 11:52 am

Re: 26, Finance & Marketing Degrees+T30 Law Degree.UNEMPLOYED!!!

Postby fundamentallybroken » Thu May 19, 2011 1:25 pm

johnnyutah wrote:
fundamentallybroken wrote:
johnnyutah wrote:
fundamentallybroken wrote:What exactly is the major personality flaw you have that is preventing you from finding employment?

Unwarranted assumption.


Yes, I know. That would be the joke.

Whoops. Guess I've got a tin ear for jokes today.


Admittedly, it was only funny in my head. Seeing it on screen, not so much.

flcath
Posts: 1502
Joined: Fri Nov 06, 2009 11:39 pm

Re: 26, Finance & Marketing Degrees+T30 Law Degree.UNEMPLOYED!!!

Postby flcath » Thu May 19, 2011 1:42 pm

thexfactor wrote:this is why i tell people to go to a t14 vs full scholarship from t30.

you are fucked no matter what if you dont have a job regardless of debt. Might as well increase your chances as much as you can in law school.

Except that you're actually not fucked at all if you're debt-free, while you still may end up debt-fucked even if you do get your 3 years in Biglaw, if you went $150K in debt.

Plus the savings can be huge just a few ranks down. No one contends that Vandy/UT/GULC/UCLA are as good as the T13 on pure placement, but if you're looking at a 50% CoA difference (which is not uncommon)...

tittsburghfeelers
Posts: 108
Joined: Fri Apr 08, 2011 10:03 am

Re: 26, Finance & Marketing Degrees+T30 Law Degree.UNEMPLOYED!!!

Postby tittsburghfeelers » Thu May 19, 2011 2:16 pm

flcath wrote:
thexfactor wrote:this is why i tell people to go to a t14 vs full scholarship from t30.

you are fucked no matter what if you dont have a job regardless of debt. Might as well increase your chances as much as you can in law school.

Except that you're actually not fucked at all if you're debt-free, while you still may end up debt-fucked even if you do get your 3 years in Biglaw, if you went $150K in debt.

Plus the savings can be huge just a few ranks down. No one contends that Vandy/UT/GULC/UCLA are as good as the T13 on pure placement, but if you're looking at a 50% CoA difference (which is not uncommon)...


Agreed..... As far as placement goes, they may not be up to par with the T14 (I caught the anti-GULC trolling lol), but graduating debt free doesn't force students into biglaw in order to pay off loans.

I also agreed when you said that it sounds like the OP needs to try harder. I mean, and I'm not trying to be a dick here, but OP said that he hasn't and isn't necessarily planning on taking the BAR.

User avatar
nphsbuckeye
Posts: 124
Joined: Sat Aug 07, 2010 1:06 am

Re: 26, Finance & Marketing Degrees+T30 Law Degree.UNEMPLOYED!!!

Postby nphsbuckeye » Thu May 19, 2011 2:52 pm

rundoxierun wrote:Idk why TLS has it in its collective mind that consulting is some kind of fallback if you strike out in law but it most definitely is not.

You mean liberal arts prestige whores?

schooner
Posts: 374
Joined: Sat May 14, 2011 6:50 pm

Re: 26, Finance & Marketing Degrees+T30 Law Degree.UNEMPLOYED!!!

Postby schooner » Thu May 19, 2011 11:02 pm

OP - I think your combination of law (policy) + finance (fundraising)+ marketing (communications) would make you a great candidate for political campaign jobs. There are plenty of local, state, and federal campaigns gearing up, if you look. That could lead to work in a legislative office, although campaign work in itself is interesting too. And if you're successful and patient, you can cash out to become a highly paid lobbyist years from now.

Good luck.

User avatar
dr123
Posts: 3503
Joined: Tue Jan 04, 2011 2:38 am

Re: 26, Finance & Marketing Degrees+T30 Law Degree.UNEMPLOYED!!!

Postby dr123 » Thu May 19, 2011 11:15 pm

If you dont wanna practice law, go back to doing whatever the fuck you did before going to Law school

flcath
Posts: 1502
Joined: Fri Nov 06, 2009 11:39 pm

Re: 26, Finance & Marketing Degrees+T30 Law Degree.UNEMPLOYED!!!

Postby flcath » Fri May 20, 2011 12:27 am

dr123 wrote:If you dont wanna practice law, go back to doing whatever the fuck you did before going to Law school

College?

I wish man, I wish, but those days are gone. Damn shame, too.




Return to “Law School Admissions Forum”

Who is online

Users browsing this forum: hwwong, Veil of Ignorance and 7 guests