Anonymous User wrote:ruski wrote:Anonymous User wrote:Considering lawyers who want to eventually run businesses (and hire other lawyers), do you know of anyone who quits biglaw after 2-3 years and attends a top-3 business school to further his/her business ambition? This plan sounds good to me, but one does have to pay extra tuition and forfeit 2 years of biglaw salaries.
i personally know of several people who went this route (going to wharton, harvard, and even stern). they are all insanely successful. none of them run their own business though but have pretty high management/executive positions at established companies, mostly at financial institutions who valued their deal experience
Do you know if a third-party paid for their b-school tuition? Or they just did it themselves (do they even qualify for scholarships given their past high salaries)?
they did it themselves. they said they hated being a lawyer and were fed up with it, so quit their firm, went to b-school, did i-banking for a few/several years upon graduating and then moved on. they are all very happy with their decision. if the only thing you care about is money/success and can get into a top b-school this seems like a no-brainer, as they are financially much better off now than had they stayed working as a lawyer even given the fact they had to pay for b-school. however, i have no idea what kind of toll this took on their professional life, and i know for sure one of them is divorced. i think its near impossible to get scholarship for b-school whether you were making biglaw money or not.